VICI Properties Inc. (NYSE:VICI) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG grew its stake in shares of VICI Properties Inc. (NYSE:VICI) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,714,998 shares of the company’s stock after acquiring an additional 29,702 shares during the quarter. Deutsche Bank AG’s holdings in VICI Properties were worth $79,305,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VICI. D.A. Davidson & CO. grew its holdings in VICI Properties by 3.2% in the fourth quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock valued at $321,000 after purchasing an additional 340 shares during the period. Carret Asset Management LLC grew its stake in shares of VICI Properties by 0.5% during the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company’s stock valued at $2,034,000 after buying an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC increased its holdings in shares of VICI Properties by 0.9% during the 4th 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 during the last quarter. Benjamin Edwards Inc. raised its position in shares of VICI Properties by 3.1% in the 4th quarter. Benjamin Edwards Inc. now owns 12,646 shares of the company’s stock worth $369,000 after buying an additional 378 shares during the period. Finally, V Square Quantitative Management LLC boosted its holdings in VICI Properties by 3.3% in the fourth quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company’s stock valued at $357,000 after acquiring an additional 391 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Up 1.0%

NYSE VICI opened at $31.89 on Monday. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $34.29. The business has a 50 day moving average price of $31.81 and a two-hundred day moving average price of $31.07. The stock has a market cap of $33.70 billion, a PE ratio of 12.46, a P/E/G ratio of 3.88 and a beta of 0.74.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business had revenue of $984.20 million during the quarter, compared to analyst estimates of $976.51 million. During the same period last year, the business earned $0.56 EPS. The business’s revenue was up 3.4% on a year-over-year basis. As a group, sell-side analysts predict that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties’s payout ratio is 69.20%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Mizuho upped their price target on VICI Properties from $30.00 to $34.00 and gave the stock an “outperform” rating in a research note on Thursday, April 3rd. Truist Financial boosted their target price on VICI Properties from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, April 23rd. Stifel Nicolaus increased their target price on shares of VICI Properties from $34.25 to $34.75 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Wells Fargo & Company lifted their price target on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday, March 10th. Finally, JMP Securities reiterated a “market outperform” rating and set a $35.00 price objective 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 nine have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $35.07.

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.