VICI Properties Inc. (NYSE:VICI) Shares Purchased by Columbus Macro LLC

Columbus Macro LLC boosted its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 7.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,983 shares of the company's stock after purchasing an additional 8,967 shares during the quarter. Columbus Macro LLC's holdings in VICI Properties were worth $4,044,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Atria Wealth Solutions Inc. boosted its holdings in shares of VICI Properties by 145.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock valued at $1,189,000 after acquiring an additional 24,159 shares during the period. Oxbow Advisors LLC acquired a new position in shares of VICI Properties during the fourth quarter valued at $3,817,000. DigitalBridge Group Inc. acquired a new position in shares of VICI Properties during the fourth quarter valued at $4,282,000. Atria Investments Inc boosted its holdings in shares of VICI Properties by 86.6% during the fourth quarter. Atria Investments Inc now owns 49,341 shares of the company's stock valued at $1,441,000 after acquiring an additional 22,897 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of VICI Properties by 20.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,058,388 shares of the company's stock valued at $30,916,000 after acquiring an additional 180,961 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.

Analysts Set New Price Targets

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

VICI Properties Price Performance

Shares of NYSE VICI opened at $32.10 on Monday. VICI Properties Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $34.29. The firm's 50-day simple moving average is $31.74 and its 200 day simple moving average is $31.04. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a market cap of $33.92 billion, a P/E ratio of 12.54, a P/E/G ratio of 3.88 and a beta of 0.70.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, meeting analysts' consensus estimates of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business 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 business earned $0.56 earnings per share. The company's revenue was up 3.4% on a year-over-year basis. Equities analysts expect that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Wednesday, June 18th will be issued a $0.4325 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.39%. VICI Properties's dividend payout ratio is 69.20%.

VICI Properties 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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