VICI Properties Inc. (NYSE:VICI) Shares Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 76,342.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 369,219 shares of the company’s stock after acquiring an additional 368,736 shares during the quarter. New Age Alpha Advisors LLC’s holdings in VICI Properties were worth $10,785,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. D.A. Davidson & CO. increased its stake in VICI Properties by 3.2% during the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock worth $321,000 after buying an additional 340 shares in the last quarter. Carret Asset Management LLC boosted its stake in VICI Properties by 0.5% during the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company’s stock worth $2,034,000 after purchasing an additional 354 shares during the last quarter. Sheaff Brock Investment Advisors LLC grew its holdings in shares of VICI Properties by 0.9% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company’s stock worth $1,206,000 after buying an additional 372 shares in the last quarter. Continuum Advisory LLC raised its position in shares of VICI Properties by 30.5% in the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after buying an additional 374 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its position 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 worth $357,000 after acquiring an additional 391 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Down 0.0 %

VICI opened at $31.90 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. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The company has a market cap of $33.70 billion, a PE ratio of 12.46, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94. The firm has a 50 day moving average price of $31.07 and a 200 day moving average price of $31.40.

VICI Properties (NYSE:VICI) last issued its earnings results 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). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The business had revenue of $976.05 million for the quarter, compared to analyst estimates of $969.29 million. Sell-side analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.42%. The ex-dividend date is Thursday, March 20th. VICI Properties’s payout ratio is presently 67.58%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Stifel Nicolaus increased their price objective on shares of VICI Properties from $34.00 to $34.25 and gave the company a “buy” rating in a report on Thursday. Wells Fargo & Company upped their target price on VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Monday, March 10th. Mizuho reduced their price target on VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday, January 8th. Truist Financial cut 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 lowered shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.23.

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.