VICI Properties Inc. (NYSE:VICI) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers raised its position in VICI Properties Inc. (NYSE:VICI) by 3.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 199,173 shares of the company’s stock after purchasing an additional 6,485 shares during the quarter. Cetera Investment Advisers’ holdings in VICI Properties were worth $5,818,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Brevan Howard Capital Management LP increased its stake in shares of VICI Properties by 4.0% in the fourth quarter. Brevan Howard Capital Management LP now owns 11,397 shares of the company’s stock valued at $333,000 after purchasing an additional 438 shares during the period. Captrust Financial Advisors increased its stake in shares of VICI Properties by 16.5% in the fourth quarter. Captrust Financial Advisors now owns 40,627 shares of the company’s stock valued at $1,187,000 after purchasing an additional 5,766 shares during the period. Caxton Associates LP increased its stake in shares of VICI Properties by 527.1% in the fourth quarter. Caxton Associates LP now owns 45,553 shares of the company’s stock valued at $1,331,000 after purchasing an additional 38,289 shares during the period. Balyasny Asset Management L.P. increased its stake in shares of VICI Properties by 91.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 840,317 shares of the company’s stock valued at $24,546,000 after acquiring an additional 401,584 shares during the period. Finally, Baird Financial Group Inc. increased its stake in shares of VICI Properties by 8.6% during the fourth quarter. Baird Financial Group Inc. now owns 1,554,458 shares of the company’s stock valued at $45,406,000 after acquiring an additional 122,557 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Down 0.6%

VICI Properties stock opened at $31.34 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The firm has a market cap of $33.12 billion, a price-to-earnings ratio of 12.24, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. VICI Properties Inc. has a 1 year low of $27.53 and a 1 year high of $34.29. The firm’s 50 day moving average price is $31.78 and its two-hundred day moving average price is $31.06.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, hitting analysts’ consensus estimates of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The firm had revenue of $984.20 million during the quarter, compared to analyst estimates of $976.51 million. During the same quarter last year, the business posted $0.56 EPS. The company’s revenue was up 3.4% on a year-over-year basis. On average, research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were paid a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties’s dividend payout ratio is 69.20%.

Analyst Ratings Changes

A number of research firms recently commented on VICI. Robert W. Baird raised their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Thursday, May 1st. Truist Financial raised their price objective 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. Mizuho raised their price objective on shares of VICI Properties from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, April 3rd. JMP Securities reiterated a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Finally, Stifel Nicolaus raised their price objective on shares of VICI Properties from $34.25 to $34.75 and gave the company a “buy” rating in a research note on Thursday, May 1st. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $35.07.

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.