Woodline Partners LP bought a new position in VICI Properties Inc. (NYSE:VICI - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 63,045 shares of the company's stock, valued at approximately $1,842,000.
Other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. boosted its holdings in shares of VICI Properties by 3.2% in the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock worth $321,000 after buying an additional 340 shares during the last quarter. Carret Asset Management LLC boosted its holdings in shares of VICI Properties by 0.5% in the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock worth $2,034,000 after buying an additional 354 shares during the last quarter. Sheaff Brock Investment Advisors LLC boosted its holdings in shares of VICI Properties by 0.9% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock worth $1,206,000 after buying an additional 372 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in shares of VICI Properties by 3.1% in the 4th quarter. Benjamin Edwards Inc. now owns 12,646 shares of the company's stock worth $369,000 after buying an additional 378 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its holdings in shares of VICI Properties by 3.3% in the 4th quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock worth $357,000 after buying an additional 391 shares during the last quarter. Institutional investors own 97.71% of the company's stock.
VICI Properties Price Performance
Shares of VICI Properties stock traded down $0.17 on Friday, reaching $31.51. The stock had a trading volume of 943,962 shares, compared to its average volume of 5,961,179. VICI Properties Inc. has a 1 year low of $27.53 and a 1 year high of $34.29. The company has a market cap of $33.29 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The business's 50 day moving average is $31.64 and its two-hundred day moving average is $31.06.
VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates 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 the consensus estimate of $976.51 million. During the same period in the prior year, the firm posted $0.56 earnings per share. The company's revenue for the quarter was up 3.4% on a year-over-year basis. As a group, research analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current 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 given a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.49%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties's dividend payout ratio (DPR) is 69.20%.
Analysts Set New Price Targets
Several equities research analysts have commented on the stock. Truist Financial upped their price objective 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. Wells Fargo & Company upped their price objective 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. Mizuho upped their price objective on shares of VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. Barclays upped their price objective 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. Finally, Robert W. Baird upped their price objective 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. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, VICI Properties has an average rating of "Moderate Buy" and a consensus target price of $35.18.
View Our Latest Report on VICI
VICI Properties Company Profile
(
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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