VICI Properties Inc. (NYSE:VICI) Stock Position Lifted by Vinva Investment Management Ltd

Vinva Investment Management Ltd lifted its holdings in VICI Properties Inc. (NYSE:VICI) by 56.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 52,121 shares of the company’s stock after purchasing an additional 18,751 shares during the quarter. Vinva Investment Management Ltd’s holdings in VICI Properties were worth $1,512,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of VICI. Venturi Wealth Management LLC grew its stake in shares of VICI Properties by 64.1% in the fourth quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company’s stock worth $32,000 after purchasing an additional 431 shares in the last quarter. Kestra Investment Management LLC bought a new position in VICI Properties during the fourth quarter valued at about $33,000. Whipplewood Advisors LLC bought a new position in VICI Properties during the fourth quarter valued at about $40,000. Continuum Advisory LLC boosted its stake in VICI Properties by 30.5% during the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after buying an additional 374 shares in the last quarter. Finally, Cromwell Holdings LLC boosted its stake in VICI Properties by 31.3% during the fourth quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock valued at $61,000 after buying an additional 494 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Down 1.2 %

Shares of VICI Properties stock opened at $32.00 on Friday. The stock has a 50-day moving average price of $30.77 and a 200 day moving average price of $31.46. The company has a market cap of $33.80 billion, a P/E ratio of 12.50, a P/E/G ratio of 3.88 and a beta of 0.94. 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 Inc. has a 1 year low of $27.08 and a 1 year high of $34.29.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.10). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The business had revenue of $976.05 million during the quarter, compared to analysts’ expectations of $969.29 million. As a group, analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date is Thursday, March 20th. VICI Properties’s dividend payout ratio (DPR) is presently 67.58%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on VICI shares. Barclays increased their price target on VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. Mizuho decreased their price target on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Wells Fargo & Company increased their price target on VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday, March 10th. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Finally, Wedbush lowered VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $34.20.

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.