BNP PARIBAS ASSET MANAGEMENT Holding S.A. Buys 14,148 Shares of VICI Properties Inc. (NYSE:VICI)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in VICI Properties Inc. (NYSE:VICI) by 2.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 511,285 shares of the company’s stock after purchasing an additional 14,148 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in VICI Properties were worth $17,031,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in VICI Properties during the first quarter valued at $117,000. Gabelli Funds LLC lifted its holdings in shares of VICI Properties by 3.4% in the 1st quarter. Gabelli Funds LLC now owns 154,215 shares of the company’s stock valued at $4,594,000 after acquiring an additional 5,000 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in VICI Properties by 2.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,496,576 shares of the company’s stock worth $44,584,000 after acquiring an additional 29,145 shares in the last quarter. Ascent Group LLC increased its stake in VICI Properties by 616.0% during the first quarter. Ascent Group LLC now owns 60,649 shares of the company’s stock worth $1,807,000 after acquiring an additional 52,178 shares during the last quarter. Finally, Caxton Associates LP purchased a new stake in VICI Properties during the first quarter valued at approximately $484,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Price Performance

VICI Properties stock opened at $32.23 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The stock has a market cap of $33.98 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 4.29 and a beta of 0.94. The firm has a 50-day moving average of $32.42 and a two-hundred day moving average of $31.00. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were paid a $0.4325 dividend. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 annualized dividend and a yield of 5.37%. This is a boost from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio is 64.07%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. JMP Securities lifted their target price on VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st. Mizuho cut their price objective on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, November 14th. Evercore ISI lifted their price target on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $36.00 price objective (up from $33.00) on shares of VICI Properties in a research 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. According to data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and a consensus price target 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.