VICI Properties Inc. (NYSE:VICI) Shares Acquired by Mizuho Securities USA LLC

Mizuho Securities USA LLC increased its stake in shares of VICI Properties Inc. (NYSE:VICI) by 47.1% in the 4th quarter, HoldingsChannel reports. The firm owned 99,912 shares of the company’s stock after purchasing an additional 32,008 shares during the period. Mizuho Securities USA LLC’s holdings in VICI Properties were worth $2,918,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of VICI. Virtu Financial LLC purchased a new stake in shares of VICI Properties during the fourth quarter worth approximately $307,000. OLD Point Trust & Financial Services N A increased its position in shares of VICI Properties by 14.4% in the 4th quarter. OLD Point Trust & Financial Services N A now owns 5,150 shares of the company’s stock valued at $150,000 after purchasing an additional 650 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of VICI Properties by 37.3% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 563,320 shares of the company’s stock valued at $16,455,000 after purchasing an additional 152,975 shares in the last quarter. Berkeley Capital Partners LLC lifted its position in shares of VICI Properties by 6.6% during the 4th quarter. Berkeley Capital Partners LLC now owns 86,806 shares of the company’s stock worth $2,536,000 after purchasing an additional 5,355 shares during the last quarter. Finally, Teacher Retirement System of Texas grew its stake in shares of VICI Properties by 40.4% during the fourth quarter. Teacher Retirement System of Texas now owns 9,801 shares of the company’s stock worth $286,000 after purchasing an additional 2,819 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. JMP Securities reaffirmed a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a report on Monday, January 27th. Barclays boosted their target price on VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 4th. Mizuho dropped their price target on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Truist Financial reduced their price objective on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, Wedbush downgraded shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $34.20.

VICI Properties Price Performance

Shares of VICI opened at $31.98 on Tuesday. 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 $27.08 and a fifty-two week high of $34.29. The firm has a 50-day simple moving average of $30.90 and a 200-day simple moving average of $31.40. The company has a market capitalization of $33.79 billion, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94.

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

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be given a dividend of $0.4325 per share. The ex-dividend date is Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.41%. VICI Properties’s payout ratio is currently 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.