VICI Properties Inc. (NYSE:VICI) Shares Purchased by Nebula Research & Development LLC

Nebula Research & Development LLC grew its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 331.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,986 shares of the company's stock after purchasing an additional 24,569 shares during the period. Nebula Research & Development LLC's holdings in VICI Properties were worth $934,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VICI. D.A. Davidson & CO. raised its stake in shares of VICI Properties by 3.2% during the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock worth $321,000 after buying an additional 340 shares during the last quarter. Carret Asset Management LLC lifted its holdings in shares of VICI Properties by 0.5% in the fourth quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock valued at $2,034,000 after purchasing an additional 354 shares in the last quarter. Sheaff Brock Investment Advisors LLC increased its stake in shares of VICI Properties by 0.9% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock worth $1,206,000 after purchasing an additional 372 shares in the last quarter. V Square Quantitative Management LLC raised its position in shares of VICI Properties by 3.3% during the 4th quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock worth $357,000 after purchasing an additional 391 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake 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 buying an additional 408 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Trading Down 1.6 %

Shares of NYSE VICI traded down $0.51 during midday trading on Thursday, hitting $31.51. The stock had a trading volume of 8,722,400 shares, compared to its average volume of 6,062,027. VICI Properties Inc. has a 1-year low of $27.53 and a 1-year high of $34.29. The company has a fifty day moving average price of $31.91 and a 200 day moving average price of $31.15. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $33.29 billion, a price-to-earnings ratio of 12.31, a PEG ratio of 3.88 and a beta of 0.70.

VICI Properties (NYSE:VICI - Get Free Report) last announced 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. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The firm had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. During the same period in the prior year, the firm earned $0.56 EPS. The firm's quarterly 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 year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.49%. The ex-dividend date was Thursday, March 20th. VICI Properties's payout ratio is 67.58%.

Wall Street Analysts Forecast Growth

VICI has been the subject of several recent research reports. Mizuho raised their price target on VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Truist Financial boosted their target price on shares of VICI Properties from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Wednesday, April 23rd. Wells Fargo & Company raised 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. Wedbush downgraded shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, Stifel Nicolaus lifted their target price on shares of VICI Properties from $34.25 to $34.75 and gave the stock a "buy" rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, VICI Properties presently has a consensus rating of "Moderate Buy" and an average price target 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.