VICI Properties Inc. (NYSE:VICI) Shares Purchased by Masterton Capital Management LP

Masterton Capital Management LP increased its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 33.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 557,225 shares of the company's stock after purchasing an additional 139,931 shares during the period. VICI Properties makes up 9.2% of Masterton Capital Management LP's holdings, making the stock its 2nd biggest position. Masterton Capital Management LP owned approximately 0.05% of VICI Properties worth $16,277,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VICI. Lido Advisors LLC boosted its holdings in VICI Properties by 15.7% in the 4th quarter. Lido Advisors LLC now owns 13,017 shares of the company's stock valued at $386,000 after purchasing an additional 1,762 shares during the last quarter. Northern Trust Corp raised its position in VICI Properties by 37.3% in the 4th quarter. Northern Trust Corp now owns 12,136,670 shares of the company's stock valued at $354,512,000 after purchasing an additional 3,298,314 shares in the last quarter. Landmark Investment Partners L.P. acquired a new stake in shares of VICI Properties in the 4th quarter valued at $8,316,000. Quarry LP raised its holdings in VICI Properties by 404.1% during the fourth quarter. Quarry LP now owns 1,119 shares of the company's stock worth $33,000 after purchasing an additional 897 shares in the last quarter. Finally, Berger Financial Group Inc increased its position in shares of VICI Properties by 1.9% during the fourth quarter. Berger Financial Group Inc now owns 158,581 shares of the company's stock worth $4,632,000 after purchasing an additional 2,904 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on VICI. Mizuho boosted their target price on VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Stifel Nicolaus upped their target price on VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research note on Thursday, March 27th. Barclays increased their price objective on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Wedbush lowered shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Finally, Wells Fargo & Company lifted their target price 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. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.93.

VICI Properties Trading Up 0.0 %

VICI stock opened at $32.23 on Tuesday. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a twelve month low of $27.53 and a twelve month high of $34.29. The company has a market cap of $34.06 billion, a P/E ratio of 12.59, a PEG ratio of 3.88 and a beta of 0.70. The business has a fifty day moving average of $31.87 and a 200-day moving average of $31.14.

VICI Properties (NYSE:VICI - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.10). The firm had revenue of $976.05 million during the quarter, compared to analyst estimates of $969.29 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. As a group, equities research analysts expect 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. Shareholders of record on Thursday, March 20th were paid a dividend of $0.4325 per share. The ex-dividend date was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.37%. VICI Properties's dividend payout ratio (DPR) is presently 67.58%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.