Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,367,807 shares of the company's stock, valued at approximately $39,954,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.13% of VICI Properties at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of VICI. Transce3nd LLC acquired a new position in shares of VICI Properties in the 4th quarter valued at $28,000. CoreCap Advisors LLC grew its holdings in shares of VICI Properties by 5,555.6% during the fourth quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock worth $30,000 after buying an additional 1,000 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in shares of VICI Properties by 64.1% during the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock worth $32,000 after buying an additional 431 shares in the last quarter. Quarry LP boosted its position in shares of VICI Properties by 404.1% during the 4th quarter. Quarry LP now owns 1,119 shares of the company's stock valued at $33,000 after acquiring an additional 897 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new position in shares of VICI Properties during the 4th quarter valued at about $33,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.
VICI Properties Stock Up 0.2%
Shares of VICI Properties stock traded up $0.05 during trading on Friday, hitting $31.72. 10,946,850 shares of the stock traded hands, compared to its average volume of 5,957,053. The company has a fifty day moving average price of $31.64 and a two-hundred day moving average price of $31.06. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties Inc. has a twelve month low of $27.53 and a twelve month high of $34.29. The stock has a market cap of $33.52 billion, a P/E ratio of 12.39, a PEG ratio of 3.88 and a beta of 0.74.
VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, hitting the consensus estimate of $0.58. The company had revenue of $984.20 million for the quarter, compared to analyst estimates of $976.51 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. VICI Properties's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.56 EPS. Equities research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.
VICI Properties Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were issued a $0.4325 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.45%. VICI Properties's dividend payout ratio is presently 69.20%.
Analysts Set New Price Targets
Several brokerages have weighed in on VICI. Wells Fargo & Company increased their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research note on Monday, March 10th. Barclays raised their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. Truist Financial lifted their target price on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Robert W. Baird lifted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Finally, Mizuho boosted their target price on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, VICI Properties has an average rating of "Moderate Buy" and an average price target of $35.18.
View Our Latest Stock Report on VICI
About VICI Properties
(
Free Report)
VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.
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