VICI Properties Inc. (NYSE:VICI) Shares Bought by Deutsche Bank AG

Deutsche Bank AG grew its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,714,998 shares of the company's stock after acquiring an additional 29,702 shares during the period. Deutsche Bank AG owned about 0.26% of VICI Properties worth $79,305,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Atria Wealth Solutions Inc. boosted its holdings in 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 acquired a new position in VICI Properties during the fourth quarter worth $3,817,000. CHURCHILL MANAGEMENT Corp raised its position in VICI Properties by 2.9% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company's stock worth $9,103,000 after acquiring an additional 8,834 shares in the last quarter. Border to Coast Pensions Partnership Ltd lifted its holdings in VICI Properties by 40.0% in 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 acquiring an additional 130,000 shares during the period. Finally, Brookstone Capital Management acquired a new stake in VICI Properties in the fourth quarter valued at $359,000. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Price Performance

VICI stock opened at $31.89 on Monday. The stock's 50 day moving average price is $31.81 and its 200 day moving average price is $31.07. The firm has a market cap of $33.70 billion, a P/E ratio of 12.46, a PEG ratio of 3.88 and a beta of 0.74. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties Inc. has a 1 year low of $27.53 and a 1 year high of $34.29.

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 (EPS) for the quarter, meeting the consensus estimate of $0.58. The business 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 business's revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.56 earnings per share. On average, sell-side analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were issued 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 dividend yield of 5.42%. VICI Properties's dividend payout ratio (DPR) is presently 69.20%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research note on Monday, March 10th. Robert W. Baird increased their target price 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. Stifel Nicolaus lifted their price target 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. Truist Financial upped their price target on VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday, April 23rd. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, VICI Properties has an average rating of "Moderate Buy" and an average target price of $35.07.

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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