VICI Properties Inc. (NYSE:VICI) Shares Acquired by Xponance Inc.

Xponance Inc. raised its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 31.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 204,310 shares of the company’s stock after acquiring an additional 49,372 shares during the quarter. Xponance Inc.’s holdings in VICI Properties were worth $5,968,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. D.A. Davidson & CO. boosted its position 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 acquiring an additional 340 shares in the last quarter. Carret Asset Management LLC boosted its position in shares of 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 acquiring an additional 354 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its position 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 acquiring an additional 372 shares in the last quarter. Continuum Advisory LLC boosted its position in shares of VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock worth $50,000 after acquiring an additional 374 shares in the last quarter. Finally, V Square Quantitative Management LLC boosted 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 acquiring an additional 391 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VICI has been the subject of a number of research analyst reports. Stifel Nicolaus upped their target price on VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Wells Fargo & Company upped their target price on VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday, March 10th. Barclays upped their target price on VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. JMP Securities reissued a “market outperform” rating and issued a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Finally, Mizuho decreased their target price 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. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.20.

VICI Properties Stock Down 0.9 %

VICI opened at $32.38 on Thursday. The business has a 50 day moving average price of $30.71 and a two-hundred day moving average price of $31.45. 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 cap of $34.20 billion, a PE ratio of 12.65, a P/E/G ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29.

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

VICI Properties Dividend Announcement

The firm also recently announced 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 5.34%. The ex-dividend date is Thursday, March 20th. VICI Properties’s dividend payout ratio (DPR) is 67.58%.

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.