Mercer Global Advisors Inc. ADV Has $5.68 Million Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Mercer Global Advisors Inc. ADV lifted its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 57.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 194,592 shares of the company's stock after purchasing an additional 71,300 shares during the period. Mercer Global Advisors Inc. ADV's holdings in VICI Properties were worth $5,684,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. D.A. Davidson & CO. increased its stake in shares of VICI Properties by 3.2% during the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock worth $321,000 after purchasing an additional 340 shares during the period. Carret Asset Management LLC increased its position in VICI Properties by 0.5% during 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 period. Sheaff Brock Investment Advisors LLC lifted its holdings in shares of VICI Properties by 0.9% during the fourth 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 in the last quarter. V Square Quantitative Management LLC grew its stake in shares of VICI Properties by 3.3% in the fourth quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock valued at $357,000 after acquiring an additional 391 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in VICI Properties by 0.6% in the 4th quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company's stock valued at $2,042,000 after purchasing an additional 408 shares during the period. 97.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on VICI shares. Robert W. Baird lifted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Mizuho lifted their target price on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a research report on Thursday, April 3rd. Wells Fargo & Company increased 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. Finally, Barclays upped their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, VICI Properties has an average rating of "Moderate Buy" and an average target price of $35.07.

VICI Properties Trading Down 0.3 %

Shares of VICI traded down $0.09 during mid-day trading on Thursday, reaching $31.57. 4,434,875 shares of the company were exchanged, compared to its average volume of 6,023,381. The business has a 50 day simple moving average of $31.82 and a two-hundred day simple moving average of $31.10. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The stock has a market capitalization of $33.36 billion, a PE ratio of 12.33, a PEG 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.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 during the quarter, compared to analyst estimates of $976.51 million. During the same quarter last year, the business earned $0.56 EPS. The company's revenue was up 3.4% compared to the same quarter last year. On average, analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were paid a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date was Thursday, March 20th. VICI Properties's dividend payout ratio is 69.20%.

VICI Properties Company 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.