Hilltop Holdings Inc. Has $380,000 Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Hilltop Holdings Inc. raised its holdings in VICI Properties Inc. (NYSE:VICI) by 46.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 11,404 shares of the company’s stock after acquiring an additional 3,633 shares during the quarter. Hilltop Holdings Inc.’s holdings in VICI Properties were worth $380,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of VICI. Quarry LP increased its holdings in VICI Properties by 780.5% in the second quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after purchasing an additional 999 shares during the period. UMB Bank n.a. raised its position in shares of VICI Properties by 254.4% during the second quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock worth $39,000 after acquiring an additional 982 shares during the last quarter. Carmichael Hill & Associates Inc. lifted its stake in shares of VICI Properties by 363.2% in the second quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock worth $40,000 after acquiring an additional 1,104 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in VICI Properties in the second quarter valued at approximately $43,000. Finally, Rothschild Investment LLC acquired a new stake in VICI Properties during the 2nd quarter valued at approximately $47,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

VICI stock opened at $31.64 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 company’s 50-day moving average is $32.21 and its 200-day moving average is $31.16. The stock has a market capitalization of $33.35 billion, a PE ratio of 11.72, a price-to-earnings-growth ratio of 4.19 and a beta of 0.93. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29.

VICI Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th will be paid a $0.4325 dividend. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a yield of 5.47%. VICI Properties’s dividend payout ratio (DPR) is presently 64.07%.

Wall Street Analyst Weigh In

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

VICI Properties Company 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.