Capital International Sarl Increases Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Capital International Sarl raised its holdings in VICI Properties Inc. (NYSE:VICI) by 20.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 35,158 shares of the company’s stock after buying an additional 5,861 shares during the quarter. Capital International Sarl’s holdings in VICI Properties were worth $1,027,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its stake in VICI Properties by 3.2% in the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock worth $321,000 after purchasing an additional 340 shares in the last quarter. Carret Asset Management LLC increased its position in shares of VICI Properties by 0.5% in the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company’s stock valued at $2,034,000 after acquiring an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC raised its stake in VICI Properties by 0.9% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company’s stock worth $1,206,000 after acquiring an additional 372 shares during the last quarter. V Square Quantitative Management LLC grew its stake in VICI Properties by 3.3% during the 4th quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company’s stock valued at $357,000 after purchasing an additional 391 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in shares of VICI Properties by 0.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company’s stock valued at $2,042,000 after purchasing an additional 408 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Price Performance

Shares of NYSE VICI opened at $32.56 on Friday. 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 $34.40 billion, a PE ratio of 12.72, a PEG ratio of 3.88 and a beta of 0.70. VICI Properties Inc. has a one year low of $27.53 and a one year high of $34.29. The firm has a fifty day moving average of $31.61 and a 200 day moving average of $31.14.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.57 earnings per share (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 analyst estimates of $969.29 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. As a group, research analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were given a dividend of $0.4325 per share. The ex-dividend date was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.31%. VICI Properties’s payout ratio is presently 67.58%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on VICI shares. Wedbush downgraded shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Barclays raised their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Tuesday, March 4th. Truist Financial lowered their price target on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Mizuho lifted their price objective on VICI Properties from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, April 3rd. Finally, JMP Securities restated a “market outperform” rating and issued a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $34.63.

About VICI Properties

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.