Nomura Holdings Inc. Makes New $4.66 Million Investment in VICI Properties Inc. (NYSE:VICI)

Nomura Holdings Inc. purchased a new position in VICI Properties Inc. (NYSE:VICI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 159,681 shares of the company’s stock, valued at approximately $4,664,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital Research Global Investors grew its position in shares of VICI Properties by 1.8% in the fourth quarter. Capital Research Global Investors now owns 54,511,574 shares of the company’s stock valued at $1,592,283,000 after purchasing an additional 984,421 shares during the period. Geode Capital Management LLC grew its stake in shares of VICI Properties by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 29,512,003 shares of the company’s stock valued at $860,107,000 after buying an additional 1,036,344 shares in the last quarter. Capital World Investors grew its position in VICI Properties by 11.4% in the fourth quarter. Capital World Investors now owns 28,317,697 shares of the company’s stock valued at $827,160,000 after acquiring an additional 2,903,744 shares in the last quarter. Principal Financial Group Inc. increased its stake in VICI Properties by 0.5% during the 4th quarter. Principal Financial Group Inc. now owns 24,202,538 shares of the company’s stock worth $706,962,000 after buying an additional 130,659 shares during the period. Finally, Norges Bank acquired a new position in shares of VICI Properties in the fourth quarter worth about $419,932,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Trading Up 1.6%

VICI Properties stock opened at $31.59 on Friday. The company has a 50 day moving average price of $31.73 and a 200 day moving average price of $31.06. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties Inc. has a 52 week low of $27.53 and a 52 week high of $34.29. The firm has a market capitalization of $33.38 billion, a price-to-earnings ratio of 12.34, a P/E/G ratio of 3.88 and a beta of 0.74.

VICI Properties (NYSE:VICI) last issued its earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.58. The company had revenue of $984.20 million for the quarter, compared to the consensus estimate of $976.51 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 EPS. Research analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were issued a dividend of $0.4325 per share. The ex-dividend date was Thursday, March 20th. This represents a $1.73 annualized dividend and a dividend yield of 5.48%. VICI Properties’s dividend payout ratio is 69.20%.

Wall Street Analyst Weigh In

VICI has been the topic of several recent analyst reports. Wells Fargo & Company upped their price target on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Monday, March 10th. Robert W. Baird boosted their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a report on Thursday, May 1st. Stifel Nicolaus lifted their target price on VICI Properties from $34.25 to $34.75 and gave the company a “buy” rating in a research note on Thursday, May 1st. Mizuho upped their price target on shares of VICI Properties from $30.00 to $34.00 and gave the stock an “outperform” rating in a research note on Thursday, April 3rd. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $35.00 target price 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 company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $35.07.

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.