Universal Beteiligungs und Servicegesellschaft mbH Invests $39.95 Million in VICI Properties Inc. (NYSE:VICI)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,367,807 shares of the company's stock, valued at approximately $39,954,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.13% of VICI Properties as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VICI. Transce3nd LLC bought a new position in shares of VICI Properties during the fourth quarter worth $28,000. CoreCap Advisors LLC boosted its position 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 purchasing an additional 1,000 shares in the last quarter. Venturi Wealth Management LLC boosted its position 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 purchasing an additional 431 shares in the last quarter. Kestra Investment Management LLC bought a new position in shares of VICI Properties during the fourth quarter worth $33,000. Finally, Quarry LP lifted its position in VICI Properties by 404.1% in 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 in the last quarter. 97.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wells Fargo & Company boosted their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. Mizuho boosted their price objective on shares of VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research report on Thursday, April 3rd. Truist Financial boosted their price objective on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research report on Wednesday, April 23rd. Stifel Nicolaus boosted their price objective on shares of VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a research report on Thursday, May 1st. Finally, Barclays boosted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $35.18.

VICI Properties Stock Up 0.4%

NYSE:VICI traded up $0.12 on Thursday, hitting $31.65. 4,336,045 shares of the company's stock were exchanged, compared to its average volume of 5,980,971. The firm has a 50-day moving average price of $31.64 and a 200-day moving average price of $31.06. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a 52 week low of $27.53 and a 52 week high of $34.29. The company has a market cap of $33.45 billion, a P/E ratio of 12.36, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, hitting the consensus estimate of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The firm had revenue of $984.20 million for the quarter, compared to analysts' expectations of $976.51 million. During the same period in the previous year, the firm posted $0.56 EPS. The company's revenue for the quarter was up 3.4% on a year-over-year basis. As a group, analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were paid a dividend of $0.4325 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.47%. VICI Properties's dividend payout ratio is presently 69.20%.

VICI Properties Company Profile

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.