XTX Topco Ltd lifted its position in VICI Properties Inc. (NYSE:VICI – Free Report) by 236.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 33,190 shares of the company’s stock after purchasing an additional 23,321 shares during the period. XTX Topco Ltd’s holdings in VICI Properties were worth $969,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Atria Wealth Solutions Inc. lifted its holdings in shares of VICI Properties by 145.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company’s stock valued at $1,189,000 after purchasing an additional 24,159 shares in the last quarter. Oxbow Advisors LLC bought a new position in VICI Properties in the fourth quarter valued at approximately $3,817,000. CHURCHILL MANAGEMENT Corp boosted its holdings in shares of VICI Properties by 2.9% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company’s stock valued at $9,103,000 after buying an additional 8,834 shares during the period. Border to Coast Pensions Partnership Ltd increased its position in shares of VICI Properties by 40.0% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company’s stock worth $13,282,000 after acquiring an additional 130,000 shares in the last quarter. Finally, Brookstone Capital Management acquired a new stake in shares of VICI Properties during the fourth quarter worth $359,000. Institutional investors own 97.71% of the company’s stock.
Analyst Ratings Changes
A number of research firms have issued reports on VICI. Mizuho increased their target price on VICI Properties from $30.00 to $34.00 and gave the stock an “outperform” rating in a report on Thursday, April 3rd. Wedbush cut shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Barclays lifted their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Wells Fargo & Company increased their price objective 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. Finally, Truist Financial lowered their target price on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $34.63.
VICI Properties Trading Up 0.2 %
VICI Properties stock opened at $32.10 on Thursday. The stock has a 50-day simple moving average of $31.51 and a 200 day simple moving average of $31.16. The stock has a market capitalization of $33.92 billion, a P/E ratio of 12.54, a PEG ratio of 3.88 and a beta of 0.70. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties Inc. has a 52 week low of $27.15 and a 52 week high of $34.29.
VICI Properties (NYSE:VICI – Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $0.57 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 for the quarter, compared to the consensus estimate of $969.29 million. Analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current year.
VICI Properties Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were paid a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date was Thursday, March 20th. VICI Properties’s dividend payout ratio is presently 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.
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