DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $1.48 Million Stake in VICI Properties Inc. (NYSE:VICI)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 56.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,733 shares of the company's stock after acquiring an additional 18,203 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in VICI Properties were worth $1,482,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VICI. DigitalBridge Group Inc. acquired a new position in VICI Properties in the 4th quarter valued at $4,282,000. Collar Capital Management LLC bought a new stake in shares of VICI Properties in the fourth quarter valued at about $1,256,000. CoreCap Advisors LLC boosted its position in shares of VICI Properties by 5,555.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,018 shares of the company's stock valued at $30,000 after acquiring an additional 1,000 shares during the period. Crestline Management LP acquired a new position in shares of VICI Properties in the fourth quarter valued at about $2,031,000. Finally, Cubist Systematic Strategies LLC bought a new position in VICI Properties during the fourth quarter worth about $4,480,000. Institutional investors and hedge funds own 97.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on VICI shares. Robert W. Baird boosted 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. Barclays lifted their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Wells Fargo & Company increased their price target on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research report on Monday, March 10th. Truist Financial lifted their price objective on VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, April 23rd. Finally, Stifel Nicolaus upped their target price on VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a research report on Thursday, May 1st. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.07.

VICI Properties Price Performance

NYSE VICI traded down $0.18 on Tuesday, hitting $31.34. 6,198,749 shares of the company's stock were exchanged, compared to its average volume of 6,005,871. The stock has a 50-day moving average of $31.78 and a 200-day moving average of $31.06. The stock has a market cap of $33.12 billion, a price-to-earnings ratio of 12.24, 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 has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, meeting the consensus estimate of $0.58. The business had revenue of $984.20 million for the quarter, compared to analyst estimates of $976.51 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. VICI Properties's revenue was up 3.4% compared to the same quarter last year. During the same period last year, the firm posted $0.56 earnings per share. Analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

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 dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date was Thursday, March 20th. VICI Properties's dividend payout ratio is 69.20%.

About VICI Properties

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.