Achmea Investment Management B.V. Buys 16,060 Shares of VICI Properties Inc. (NYSE:VICI)

Achmea Investment Management B.V. lifted its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 147.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 26,968 shares of the company’s stock after purchasing an additional 16,060 shares during the quarter. Achmea Investment Management B.V.’s holdings in VICI Properties were worth $788,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. D.A. Davidson & CO. lifted its holdings in shares of 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 acquiring an additional 340 shares during the period. Sheaff Brock Investment Advisors LLC increased its position 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 purchasing an additional 372 shares in the last quarter. Continuum Advisory LLC increased its position in shares of VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock worth $50,000 after purchasing an additional 374 shares in the last quarter. V Square Quantitative Management LLC increased its position in shares of VICI Properties by 3.3% during the 4th quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company’s stock worth $357,000 after purchasing an additional 391 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its position in shares of VICI Properties by 0.6% during the 4th quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company’s stock worth $2,042,000 after purchasing an additional 408 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

VICI Properties Stock Up 2.2 %

VICI Properties stock opened at $32.24 on Friday. The company’s 50 day simple moving average is $30.51 and its 200 day simple moving average is $31.47. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The firm has a market capitalization of $34.06 billion, a price-to-earnings ratio of 12.59, a PEG ratio of 3.88 and a beta of 0.94. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

VICI Properties (NYSE:VICI) last announced its quarterly 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 net margin of 69.59% and a return on equity of 10.24%. The company had revenue of $976.05 million during the quarter, compared to the consensus estimate of $969.29 million. As a group, sell-side analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be paid a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties’s payout ratio is currently 67.58%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Mizuho dropped their target price on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Barclays increased their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Wedbush cut shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Stifel Nicolaus raised their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Finally, Truist Financial lowered 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. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and an average target price of $34.20.

VICI Properties 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.