Rockefeller Capital Management L.P. Grows Stock Position in VICI Properties Inc. (NYSE:VICI)

Rockefeller Capital Management L.P. raised its position in shares of VICI Properties Inc. (NYSE:VICI) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 556,252 shares of the company’s stock after buying an additional 7,815 shares during the period. Rockefeller Capital Management L.P.’s holdings in VICI Properties were worth $16,248,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. MML Investors Services LLC increased its position in VICI Properties by 21.0% during the 3rd quarter. MML Investors Services LLC now owns 57,929 shares of the company’s stock valued at $1,930,000 after buying an additional 10,073 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in shares of VICI Properties by 116.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 123,994 shares of the company’s stock worth $3,996,000 after buying an additional 66,700 shares during the last quarter. World Investment Advisors LLC bought a new stake in shares of VICI Properties during the 3rd quarter valued at about $441,000. Wilmington Savings Fund Society FSB purchased a new stake in VICI Properties during the third quarter valued at approximately $125,000. Finally, Tidal Investments LLC increased its stake in shares of VICI Properties by 11.9% in the 3rd quarter. Tidal Investments LLC now owns 52,678 shares of the company’s stock worth $1,755,000 after purchasing an additional 5,620 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

VICI Properties Price Performance

VICI Properties stock opened at $31.57 on Tuesday. The firm has a market capitalization of $33.36 billion, a price-to-earnings ratio of 12.33, a PEG ratio of 3.88 and a beta of 0.70. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The company has a fifty day simple moving average of $31.43 and a 200-day simple moving average of $31.15.

VICI Properties (NYSE:VICI) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.10). The business had revenue of $976.05 million during 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%. On average, equities analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were issued a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.48%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties’s payout ratio is currently 67.58%.

Analyst Upgrades and Downgrades

VICI has been the topic of a number of analyst reports. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Mizuho raised their target price on shares of VICI Properties from $30.00 to $34.00 and gave the company an “outperform” rating in a report on Thursday, April 3rd. Barclays boosted their price objective on VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 4th. Wedbush downgraded shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Finally, Stifel Nicolaus lifted their target price on VICI Properties from $34.00 to $34.25 and gave the stock a “buy” rating in a research report on Thursday, March 27th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently 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.