545 institutions hold shares in VICI Properties Inc. (VICI), with 896.23k shares held by insiders accounting for 0.17% while institutional investors hold 109.00% of the company’s shares. The shares outstanding are 536.55M, and float is at 535.74M with Short Float at 12.29%. Institutions hold 108.81% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 74.55 million shares valued at $1.9 billion. The investor’s holdings represent 13.88% of the VICI Shares outstanding. As of Dec 30, 2020, the second largest holder is Cohen & Steers Inc. with 55.11 million shares valued at $1.41 billion to account for 10.26% of the shares outstanding. The other top investors are Blackrock Inc. which holds 46.51 million shares representing 8.66% and valued at over $1.19 billion, while Allianz Asset Management GmbH holds 4.75% of the shares totaling 25.53 million with a market value of $650.91 million.
VICI Properties Inc. (NYSE: VICI) is 8.90% higher on its value in year-to-date trading and has touched a low of $13.34 and a high of $29.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VICI stock was last observed hovering at around $27.64 in the last trading session, with the day’s gains setting it 0.13% off its average median price target of $32.00 for the next 12 months. It is also 20.66% off the consensus price target high of $35.00 offered by 18 analysts, but current levels are 0.82% higher than the price target low of $28.00 for the same period.
Currently trading at $27.77, the stock is -2.12% and 1.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.44 million and changing 0.47% at the moment leaves the stock 13.36% off its SMA200. VICI registered 72.38% gain for a year compared to 6-month gain of 17.87%. The firm has a 50-day simple moving average (SMA 50) of $28.05 and a 200-day simple moving average (SMA200) of $25.68.
The stock witnessed a -2.56% loss in the last 1 month and extending the period to 3 months gives it a 7.30%, and is -1.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.63% over the week and 3.00% over the month.
VICI Properties Inc. (VICI) has around 147 employees, a market worth around $17.35B and $1.23B in sales. Current P/E ratio is 16.43 and Fwd P/E is 13.67. Profit margin for the company is 72.80%. Distance from 52-week low is 108.17% and -7.03% from its 52-week high. The company has generated returns on investments over the last 12 months (7.30%).
VICI Properties Inc. (VICI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for VICI Properties Inc. (VICI) is a “Buy”. 18 analysts offering their recommendations for the stock have an average rating of 1.70, where 1 rate it as a Hold and 1 think it is a “Overweight”. 16 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
VICI Properties Inc. is expected to release its quarterly report on 05/06/2021 and quarterly earnings per share for the current quarter are estimated at $0.49 with sales reaching $363.39M over the same period.The EPS is expected to grow by 40.40% this year, but quarterly earnings will post 20.30% year-over-year. Quarterly sales are estimated to grow 44.60% in year-over-year returns.
VICI Properties Inc. (VICI) Insider Activity
A total of 31 insider transactions have happened at VICI Properties Inc. (VICI) in the last six months, with sales accounting for 11 and purchases happening 20 times. The most recent transaction is an insider purchase by ABRAHAMSON JAMES R, the company’s Director. SEC filings show that ABRAHAMSON JAMES R bought 13,200 shares of the company’s common stock on Mar 16 at a price of $28.26 per share for a total of $0.37 million. Following the purchase, the insider now owns 0.11 million shares.
VICI Properties Inc. disclosed in a document filed with the SEC on Nov 10 that ABRAHAMSON JAMES R (Director) bought a total of 5,100 shares of the company’s common stock. The trade occurred on Nov 10 and was made at $23.92 per share for $0.12 million. Following the transaction, the insider now directly holds 0.1 million shares of the VICI stock.
Still, SEC filings show that on Sep 15, ABRAHAMSON JAMES R (Director) acquired 5,000 shares at an average price of $25.50 for $0.13 million. The insider now directly holds 95,784 shares of VICI Properties Inc. (VICI).