Stevens Capital Management LP Grows Position in VICI Properties Inc (NYSE:VICI)

Stevens Capital Management LP boosted its position in shares of VICI Properties Inc (NYSE:VICI) by 62.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,213 shares of the company’s stock after acquiring an additional 32,227 shares during the quarter. Stevens Capital Management LP’s holdings in VICI Properties were worth $1,856,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. World Asset Management Inc raised its position in VICI Properties by 3.5% in the 2nd quarter. World Asset Management Inc now owns 15,151 shares of the company’s stock valued at $334,000 after purchasing an additional 508 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of VICI Properties by 0.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 107,986 shares of the company’s stock worth $2,380,000 after acquiring an additional 693 shares in the last quarter. Advisor Group Inc. raised its position in shares of VICI Properties by 19.0% during the 2nd quarter. Advisor Group Inc. now owns 5,392 shares of the company’s stock worth $119,000 after acquiring an additional 861 shares in the last quarter. Pearl River Capital LLC raised its position in shares of VICI Properties by 226.1% during the 1st quarter. Pearl River Capital LLC now owns 1,800 shares of the company’s stock worth $40,000 after acquiring an additional 1,248 shares in the last quarter. Finally, Keeley Teton Advisors LLC raised its position in shares of VICI Properties by 0.6% during the 1st quarter. Keeley Teton Advisors LLC now owns 215,446 shares of the company’s stock worth $4,714,000 after acquiring an additional 1,278 shares in the last quarter. Institutional investors own 93.42% of the company’s stock.

Several equities research analysts have recently weighed in on VICI shares. Jefferies Financial Group began coverage on VICI Properties in a research report on Wednesday, April 24th. They set a “buy” rating and a $27.00 price target on the stock. Morgan Stanley set a $25.00 price target on VICI Properties and gave the stock a “hold” rating in a research report on Tuesday, June 11th. Wells Fargo & Co raised VICI Properties from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $23.00 to $24.50 in a research report on Monday, July 1st. Zacks Investment Research raised VICI Properties from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Goldman Sachs Group raised VICI Properties to a “buy” rating in a research report on Tuesday, June 11th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $25.32.



In other VICI Properties news, insider John W. R. Payne bought 10,635 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The stock was purchased at an average cost of $21.18 per share, for a total transaction of $225,249.30. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Edward Baltazar Pitoniak bought 15,200 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $21.29 per share, with a total value of $323,608.00. The disclosure for this purchase can be found here. Insiders own 0.15% of the company’s stock.

Shares of VICI Properties stock traded up $0.08 during trading on Friday, reaching $20.65. The company’s stock had a trading volume of 19,719 shares, compared to its average volume of 4,827,425. The company has a quick ratio of 179.91, a current ratio of 179.91 and a debt-to-equity ratio of 0.51. VICI Properties Inc has a 12-month low of $17.64 and a 12-month high of $23.27. The company has a market capitalization of $9.47 billion, a P/E ratio of 14.33, a price-to-earnings-growth ratio of 1.74 and a beta of 0.86. The business has a 50 day moving average price of $21.66 and a 200-day moving average price of $21.92.

VICI Properties (NYSE:VICI) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.37 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.37. The firm had revenue of $220.75 million during the quarter, compared to analysts’ expectations of $216.90 million. VICI Properties had a return on equity of 8.15% and a net margin of 64.39%. VICI Properties’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 earnings per share. Research analysts predict that VICI Properties Inc will post 1.44 EPS for the current fiscal year.

VICI Properties Profile

VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 22 gaming facilities comprising approximately 39 million square feet and features approximately 14,800 hotel rooms and approximately 150 restaurants, bars and nightclubs.

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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