119,777 Shares in VICI Properties Inc. (NYSE:VICI) Bought by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC acquired a new stake in shares of VICI Properties Inc. (NYSE:VICI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 119,777 shares of the company’s stock, valued at approximately $3,990,000.

A number of other hedge funds have also recently modified their holdings of VICI. Handelsbanken Fonder AB raised its position in shares of VICI Properties by 8.8% in the 3rd quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company’s stock worth $19,781,000 after purchasing an additional 47,953 shares during the last quarter. Gordian Capital Singapore Pte Ltd bought a new stake in shares of VICI Properties during the second quarter valued at approximately $557,000. Los Angeles Capital Management LLC raised its holdings in VICI Properties by 367.8% in the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company’s stock worth $73,927,000 after acquiring an additional 1,744,939 shares during the last quarter. Cetera Investment Advisers lifted its position in VICI Properties by 359.6% in the 1st quarter. Cetera Investment Advisers now owns 93,455 shares of the company’s stock valued at $2,784,000 after acquiring an additional 73,123 shares in the last quarter. Finally, Czech National Bank boosted its stake in VICI Properties by 9.2% during the 2nd quarter. Czech National Bank now owns 198,788 shares of the company’s stock valued at $5,693,000 after purchasing an additional 16,761 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

NYSE:VICI opened at $32.12 on Thursday. The stock has a market cap of $33.86 billion, a PE ratio of 11.90, a P/E/G ratio of 4.27 and a beta of 0.94. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The business’s 50-day simple moving average is $32.47 and its two-hundred day simple moving average is $30.97. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 18th were paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a yield of 5.39%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. VICI Properties’s dividend payout ratio is presently 64.07%.

Analyst Upgrades and Downgrades

VICI has been the topic of several recent analyst reports. Evercore ISI increased their price objective on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Mizuho dropped their price target on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a report on Thursday, November 14th. JMP Securities boosted their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a report on Friday, November 1st. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $36.00 target price (up previously from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.22.

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.