Wasatch Advisors LP Grows Stake in VICI Properties Inc. (NYSE:VICI)

Wasatch Advisors LP boosted its position in shares of VICI Properties Inc. (NYSE:VICI) by 19.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 132,820 shares of the company’s stock after acquiring an additional 21,271 shares during the quarter. Wasatch Advisors LP’s holdings in VICI Properties were worth $3,880,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. D.A. Davidson & CO. grew its stake in shares of VICI Properties by 3.2% during the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock valued at $321,000 after purchasing an additional 340 shares during the period. Carret Asset Management LLC grew its position in VICI Properties by 0.5% during the fourth quarter. Carret Asset Management LLC now owns 69,637 shares of the company’s stock valued at $2,034,000 after buying an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC increased its holdings 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 during the last quarter. V Square Quantitative Management LLC increased its holdings 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 during the last quarter. Finally, Avantax Advisory Services Inc. raised its position in VICI Properties by 0.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company’s stock worth $2,042,000 after acquiring an additional 408 shares during the period. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Up 0.2 %

NYSE VICI opened at $32.10 on Thursday. 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 12 month low of $27.15 and a 12 month high of $34.29. The stock’s 50 day moving average is $31.51 and its 200 day moving average is $31.16. The stock has a market cap of $33.92 billion, a PE ratio of 12.54, a P/E/G ratio of 3.88 and a beta of 0.70.

VICI Properties (NYSE:VICI) last released 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 company had revenue of $976.05 million during the quarter, compared to analysts’ expectations of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. Research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were issued a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.39%. The ex-dividend date was Thursday, March 20th. VICI Properties’s dividend payout ratio (DPR) is presently 67.58%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. JMP Securities reissued a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research report on Monday, January 27th. Barclays boosted their price target on VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. Mizuho raised their price objective on VICI Properties from $30.00 to $34.00 and gave the stock an “outperform” rating in a research note on Thursday, April 3rd. Truist Financial cut their price objective on VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, Wells Fargo & Company raised their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock an “overweight” rating in a research note on Monday, March 10th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.63.

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.