VICI Properties Inc. (NYSE:VICI) Shares Bought by Amundi

Amundi raised its stake in VICI Properties Inc. (NYSE:VICI) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,215,968 shares of the company’s stock after purchasing an additional 37,370 shares during the quarter. Amundi owned 0.31% of VICI Properties worth $92,716,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Larson Financial Group LLC grew its position in VICI Properties by 16.3% in the 4th quarter. Larson Financial Group LLC now owns 72,358 shares of the company’s stock valued at $2,114,000 after buying an additional 10,158 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of VICI Properties by 7.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 101,424 shares of the company’s stock worth $2,963,000 after acquiring an additional 7,096 shares during the period. Andra AP fonden boosted its holdings in shares of VICI Properties by 38.5% in the fourth quarter. Andra AP fonden now owns 468,100 shares of the company’s stock valued at $13,673,000 after acquiring an additional 130,100 shares in the last quarter. Edgestream Partners L.P. acquired a new position in shares of VICI Properties during the fourth quarter worth about $1,586,000. Finally, Ashton Thomas Private Wealth LLC raised its holdings in VICI Properties by 7.3% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 32,634 shares of the company’s stock worth $967,000 after purchasing an additional 2,232 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Truist Financial lowered their price objective on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Wedbush lowered VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Mizuho reduced their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Finally, Stifel Nicolaus upped their price target on shares of VICI Properties from $33.75 to $34.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $34.20.

VICI Properties Trading Down 0.1 %

NYSE:VICI opened at $32.61 on Tuesday. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a fifty day simple moving average of $30.22 and a 200-day simple moving average of $31.48. The company has a market capitalization of $34.45 billion, a PE ratio of 12.74, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI) last announced its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.10). The business 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 expect that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date is Thursday, March 20th. VICI Properties’s dividend payout ratio (DPR) is presently 67.58%.

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.