Townsquare Capital LLC Buys 3,127 Shares of VICI Properties Inc. (NYSE:VICI)

Townsquare Capital LLC increased its position in VICI Properties Inc. (NYSE:VICI) by 13.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,248 shares of the company’s stock after purchasing an additional 3,127 shares during the quarter. Townsquare Capital LLC’s holdings in VICI Properties were worth $796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VICI. Atria Wealth Solutions Inc. increased its stake in shares of VICI Properties by 145.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company’s stock valued at $1,189,000 after buying an additional 24,159 shares during the period. Oxbow Advisors LLC purchased a new position in VICI Properties during the 4th quarter valued at about $3,817,000. CHURCHILL MANAGEMENT Corp raised its holdings in shares of VICI Properties by 2.9% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company’s stock valued at $9,103,000 after purchasing an additional 8,834 shares in the last quarter. Border to Coast Pensions Partnership Ltd lifted its position in shares of VICI Properties by 40.0% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company’s stock worth $13,282,000 after purchasing an additional 130,000 shares during the period. Finally, Brookstone Capital Management bought a new position in shares of VICI Properties during the fourth quarter valued at approximately $359,000. 97.71% of the stock is owned by institutional investors.

VICI Properties Stock Up 1.6 %

Shares of VICI stock opened at $32.56 on Friday. 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 fifty-two week low of $27.53 and a fifty-two week high of $34.29. The firm has a market capitalization of $34.40 billion, a PE ratio of 12.72, a P/E/G ratio of 3.88 and a beta of 0.70. The stock’s 50-day simple moving average is $31.61 and its 200-day simple moving average is $31.15.

VICI Properties (NYSE:VICI) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.10). The business had revenue of $976.05 million for the quarter, compared to analyst estimates of $969.29 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. Equities 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 $0.4325 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.31%. VICI Properties’s payout ratio is 67.58%.

Analysts Set New Price Targets

VICI has been the subject of a number of recent research reports. JMP Securities reissued a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Stifel Nicolaus upped their price objective on VICI Properties from $34.00 to $34.25 and gave the stock a “buy” rating in a research note on Thursday, March 27th. Truist Financial dropped their price objective 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. Barclays boosted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, March 4th. Finally, Wells Fargo & Company lifted their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock an “overweight” rating in a research report on Monday, March 10th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.63.

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.