Nomura Holdings Inc. Takes Position in VICI Properties Inc. (NYSE:VICI)

Nomura Holdings Inc. acquired a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 159,681 shares of the company's stock, valued at approximately $4,664,000.

Other large investors have also added to or reduced their stakes in the company. Atria Wealth Solutions Inc. raised its position in shares of VICI Properties by 145.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company's stock valued at $1,189,000 after purchasing an additional 24,159 shares in the last quarter. Oxbow Advisors LLC bought a new stake in VICI Properties in the fourth quarter valued at about $3,817,000. CHURCHILL MANAGEMENT Corp raised its stake in VICI Properties by 2.9% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company's stock valued at $9,103,000 after buying an additional 8,834 shares in the last quarter. Border to Coast Pensions Partnership Ltd raised its stake in VICI Properties by 40.0% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company's stock valued at $13,282,000 after buying an additional 130,000 shares in the last quarter. Finally, Brookstone Capital Management bought a new position in VICI Properties during the 4th quarter worth approximately $359,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VICI. JMP Securities restated a "market outperform" rating and issued a $35.00 price target on shares of VICI Properties in a research report on Monday, January 27th. Wells Fargo & Company raised their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Robert W. Baird upped their target price on VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Barclays upped their target price on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Finally, Truist Financial upped their target price on VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, VICI Properties currently has a consensus rating of "Moderate Buy" and an average price target of $35.18.

VICI Properties Stock Up 0.1%

NYSE VICI traded up $0.02 during trading on Monday, hitting $32.12. 4,508,756 shares of the company traded hands, compared to its average volume of 5,995,715. VICI Properties Inc. has a 12 month low of $27.53 and a 12 month high of $34.29. The business has a fifty day simple moving average of $31.73 and a 200 day simple moving average of $31.04. 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 company has a market capitalization of $33.94 billion, a P/E ratio of 12.55, a PEG 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 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 return on equity of 10.24% and a net margin of 69.59%. The firm's revenue was up 3.4% compared to the same quarter last year. During the same period last year, the business posted $0.56 earnings per share. As a group, sell-side analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date was Thursday, March 20th. VICI Properties's dividend payout ratio (DPR) is presently 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.