VICI Properties Inc. (NYSE:VICI) Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. grew its holdings in VICI Properties Inc. (NYSE:VICI) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,700,937 shares of the company’s stock after acquiring an additional 56,374 shares during the period. Nomura Asset Management Co. Ltd. owned about 0.16% of VICI Properties worth $49,684,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Norges Bank acquired a new position in VICI Properties during the 4th quarter worth $419,932,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of VICI Properties by 599.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company’s stock worth $297,685,000 after buying an additional 7,658,819 shares in the last quarter. State Street Corp increased its stake in shares of VICI Properties by 2.1% during the third quarter. State Street Corp now owns 55,548,393 shares of the company’s stock worth $1,873,869,000 after buying an additional 1,164,717 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in VICI Properties by 127.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,715,143 shares of the company’s stock valued at $50,099,000 after acquiring an additional 960,706 shares in the last quarter. Finally, Prudential Financial Inc. grew its holdings in VICI Properties by 125.9% during the 4th quarter. Prudential Financial Inc. now owns 1,659,922 shares of the company’s stock worth $48,486,000 after acquiring an additional 925,041 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

Shares of NYSE VICI opened at $31.99 on Friday. The stock has a market cap of $33.80 billion, a P/E ratio of 12.49, a P/E/G ratio of 3.88 and a beta of 0.94. VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.29. The stock has a 50 day moving average of $31.13 and a two-hundred day moving average of $31.38. 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 (NYSE:VICI) last released its quarterly 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). VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business had revenue of $976.05 million during the quarter, compared to analysts’ expectations of $969.29 million. On average, research analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be issued a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties’s payout ratio is 67.58%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VICI shares. Truist Financial reduced their price objective 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. KeyCorp reaffirmed a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Wedbush downgraded VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Stifel Nicolaus boosted their target price on VICI Properties from $34.00 to $34.25 and gave the stock a “buy” rating in a research note on Thursday. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $35.00 price target on shares of VICI Properties in a report on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and eight have issued 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 $34.23.

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.