Caxton Associates LP Buys 38,289 Shares of VICI Properties Inc. (NYSE:VICI)

Caxton Associates LP grew its stake in shares of VICI Properties Inc. (NYSE:VICI) by 527.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 45,553 shares of the company’s stock after buying an additional 38,289 shares during the quarter. Caxton Associates LP’s holdings in VICI Properties were worth $1,331,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Balyasny Asset Management L.P. boosted its holdings in VICI Properties by 91.5% in the fourth quarter. Balyasny Asset Management L.P. now owns 840,317 shares of the company’s stock worth $24,546,000 after acquiring an additional 401,584 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of VICI Properties by 8.6% in the 4th quarter. Baird Financial Group Inc. now owns 1,554,458 shares of the company’s stock worth $45,406,000 after purchasing an additional 122,557 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings 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 purchasing an additional 378 shares in the last quarter. BNP Paribas Financial Markets grew its position in VICI Properties by 28.1% in the 4th quarter. BNP Paribas Financial Markets now owns 2,143,006 shares of the company’s stock valued at $62,597,000 after purchasing an additional 469,776 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in VICI Properties by 2.0% during the 4th quarter. Ameriprise Financial Inc. now owns 2,792,101 shares of the company’s stock valued at $75,773,000 after purchasing an additional 55,835 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Up 0.6 %

Shares of VICI opened at $31.89 on Tuesday. The firm has a market cap of $33.70 billion, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. VICI Properties Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $34.29. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The business has a 50-day moving average of $31.88 and a 200 day moving average of $31.10.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, hitting the consensus estimate of $0.58. The firm had revenue of $984.20 million during the quarter, compared to the consensus estimate of $976.51 million. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The company’s revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the company earned $0.56 earnings per share. As a group, research analysts forecast 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 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 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend was Thursday, March 20th. VICI Properties’s dividend payout ratio is presently 69.20%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. JMP Securities reiterated a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Mizuho increased their price objective on VICI Properties from $30.00 to $34.00 and gave the stock an “outperform” rating in a research note on Thursday, April 3rd. Robert W. Baird upped 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. Stifel Nicolaus lifted their price objective on shares of VICI Properties from $34.25 to $34.75 and gave the stock a “buy” rating in a report on Thursday, May 1st. Finally, Barclays increased their target price 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 assigned a buy rating to the company’s stock. According to data from MarketBeat, VICI Properties presently has an average 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.