VICI Properties Inc. (NYSE:VICI) Stock Position Boosted by Handelsbanken Fonder AB

Handelsbanken Fonder AB boosted its stake in VICI Properties Inc. (NYSE:VICI) by 21.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 720,805 shares of the company’s stock after buying an additional 126,953 shares during the period. Handelsbanken Fonder AB owned 0.07% of VICI Properties worth $21,055,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. D.A. Davidson & CO. lifted its holdings in VICI Properties by 3.2% in the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock valued at $321,000 after acquiring an additional 340 shares during the last quarter. Carmel Capital Partners LLC lifted its stake in VICI Properties by 1.0% during the third quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company’s stock valued at $1,177,000 after buying an additional 367 shares in the last quarter. Sheaff Brock Investment Advisors LLC lifted its stake in VICI Properties by 0.9% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company’s stock valued at $1,206,000 after buying an additional 372 shares in the last quarter. Continuum Advisory LLC lifted 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, V Square Quantitative Management LLC lifted its stake in VICI Properties by 3.3% during the fourth quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company’s stock valued at $357,000 after buying an additional 391 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on VICI shares. Wedbush lowered shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Barclays reduced their price objective on shares of VICI Properties from $36.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday, February 4th. Stifel Nicolaus upped their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a research note on Friday. JMP Securities reissued a “market outperform” rating and issued a $35.00 price target on shares of VICI Properties in a research report on Monday, January 27th. Finally, Mizuho reduced their price target on shares of 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. According to MarketBeat.com, VICI Properties currently has a consensus rating of “Moderate Buy” and an average price target of $34.20.

VICI Properties Trading Up 1.6 %

Shares of VICI Properties stock opened at $31.25 on Friday. The company’s fifty day simple moving average is $29.59 and its 200-day simple moving average is $31.43. The company has a market cap of $32.95 billion, a price-to-earnings ratio of 11.58, a PEG ratio of 3.85 and a beta of 0.95. 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 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). The firm had revenue of $976.05 million during the quarter, compared to the consensus estimate of $969.29 million. VICI Properties had a return on equity of 10.80% and a net margin of 73.90%. As a group, sell-side analysts expect that VICI Properties Inc. will post 2.26 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were given a $0.4325 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 annualized dividend and a yield of 5.54%. VICI Properties’s dividend payout ratio (DPR) is currently 64.07%.

VICI Properties 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.