Axa S.A. Buys 21,147 Shares of VICI Properties Inc. (NYSE:VICI)

Axa S.A. boosted its stake in VICI Properties Inc. (NYSE:VICI) by 19.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 129,617 shares of the company’s stock after purchasing an additional 21,147 shares during the quarter. Axa S.A.’s holdings in VICI Properties were worth $3,786,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. DoubleLine ETF Adviser LP increased its stake in shares of VICI Properties by 0.7% in the 4th quarter. DoubleLine ETF Adviser LP now owns 75,183 shares of the company’s stock valued at $2,196,000 after purchasing an additional 546 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in VICI Properties by 57.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 194,592 shares of the company’s stock valued at $5,684,000 after acquiring an additional 71,300 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its stake in VICI Properties by 536.0% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 634,310 shares of the company’s stock worth $18,528,000 after acquiring an additional 534,581 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of VICI Properties by 207.3% in the fourth quarter. AQR Capital Management LLC now owns 1,283,244 shares of the company’s stock worth $37,342,000 after acquiring an additional 865,682 shares during the last quarter. Finally, Masterton Capital Management LP boosted its stake in shares of VICI Properties by 33.5% in the 4th quarter. Masterton Capital Management LP now owns 557,225 shares of the company’s stock valued at $16,277,000 after purchasing an additional 139,931 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on VICI. JMP Securities restated a “market outperform” rating and issued a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Mizuho boosted their price objective on VICI Properties from $30.00 to $34.00 and gave the stock an “outperform” rating in a research report on Thursday, April 3rd. Stifel Nicolaus increased their target price on VICI Properties from $34.25 to $34.75 and gave the company a “buy” rating in a research report on Thursday, May 1st. Robert W. Baird boosted their price target on VICI Properties from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, May 1st. Finally, Barclays raised their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, VICI Properties has a consensus rating of “Moderate Buy” and a consensus price target of $35.07.

VICI Properties Trading Up 0.5 %

NYSE:VICI opened at $31.69 on Thursday. VICI Properties Inc. has a 52 week low of $27.53 and a 52 week high of $34.29. The firm’s fifty day moving average is $31.84 and its 200-day moving average is $31.10. The firm has a market cap of $33.49 billion, a P/E ratio of 12.38, a P/E/G ratio of 3.88 and a beta of 0.74. 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 (NYSE:VICI) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.58. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The firm had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. During the same period last year, the business posted $0.56 EPS. The business’s revenue was up 3.4% compared to the same quarter last year. Equities analysts expect that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties’s dividend payout ratio (DPR) is presently 69.20%.

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.