VICI Properties Inc. (NYSE:VICI) Holdings Boosted by Ashford Capital Management Inc.

Ashford Capital Management Inc. lifted its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 6.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 211,860 shares of the company's stock after purchasing an additional 13,050 shares during the quarter. Ashford Capital Management Inc.'s holdings in VICI Properties were worth $6,188,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Transce3nd LLC acquired a new position in VICI Properties during the 4th quarter worth $28,000. CoreCap Advisors LLC increased its stake in VICI Properties by 5,555.6% during the 4th quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock valued at $30,000 after buying an additional 1,000 shares during the period. Venturi Wealth Management LLC increased its stake in VICI Properties by 64.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company's stock valued at $32,000 after buying an additional 431 shares during the period. Quarry LP raised 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 worth $33,000 after buying an additional 897 shares in the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in shares of VICI Properties in the 4th quarter worth approximately $33,000. Institutional investors own 97.71% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on VICI shares. Wells Fargo & Company upped their target price on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research report on Monday, March 10th. Mizuho raised their target price on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, April 3rd. Robert W. Baird boosted their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Stifel Nicolaus raised 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 target price 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. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, VICI Properties currently has a consensus rating of "Moderate Buy" and a consensus target price of $35.18.

VICI Properties Stock Up 0.1%

VICI stock opened at $32.12 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The firm has a market capitalization of $33.94 billion, a P/E ratio of 12.55, a P/E/G ratio of 3.88 and a beta of 0.74. VICI Properties Inc. has a 52-week low of $27.53 and a 52-week high of $34.29. The company's 50 day simple moving average is $31.73 and its 200-day simple moving average is $31.05.

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

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were given a dividend of $0.4325 per share. 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 5.39%. VICI Properties's 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.

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