Dean Capital Investments Management LLC reduced its holdings in VICI Properties Inc (NYSE:VICI) by 26.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 16,270 shares of the company’s stock after selling 5,978 shares during the quarter. Dean Capital Investments Management LLC’s holdings in VICI Properties were worth $369,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. BlueMountain Capital Management LLC acquired a new stake in shares of VICI Properties in the second quarter valued at about $6,612,000. Cooperman Leon G acquired a new stake in shares of VICI Properties in the second quarter valued at about $8,816,000. Deroy & Devereaux Private Investment Counsel Inc. grew its position in shares of VICI Properties by 49.2% in the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 115,300 shares of the company’s stock valued at $2,612,000 after purchasing an additional 38,000 shares during the last quarter. Barings LLC grew its position in shares of VICI Properties by 18.8% in the second quarter. Barings LLC now owns 2,036,365 shares of the company’s stock valued at $44,881,000 after purchasing an additional 321,745 shares during the last quarter. Finally, US Bancorp DE grew its position in shares of VICI Properties by 71.1% in the second quarter. US Bancorp DE now owns 38,237 shares of the company’s stock valued at $842,000 after purchasing an additional 15,887 shares during the last quarter.
Several equities research analysts have recently issued reports on VICI shares. Deutsche Bank set a $28.00 price target on VICI Properties and gave the company a “buy” rating in a research report on Monday, November 4th. Morgan Stanley raised VICI Properties from an “equal” rating to a “weight” rating and raised their price target for the company from $25.00 to $26.00 in a research report on Monday, August 26th. Citigroup lifted their target price on VICI Properties from $21.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, Zacks Investment Research raised VICI Properties from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. VICI Properties has an average rating of “Buy” and an average price target of $25.68.
VICI Properties (NYSE:VICI) last released its earnings results on Thursday, October 31st. The company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.03). VICI Properties had a return on equity of 7.84% and a net margin of 66.78%. The firm had revenue of $222.51 million for the quarter, compared to analyst estimates of $224.50 million. During the same period last year, the business earned $0.36 earnings per share. The firm’s quarterly revenue was down 4.4% compared to the same quarter last year. Equities analysts predict that VICI Properties Inc will post 1.48 EPS for the current 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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