VICI Properties Inc. (NYSE:VICI) Shares Acquired by Donald L. Hagan LLC

Donald L. Hagan LLC lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 9.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,069 shares of the company’s stock after buying an additional 775 shares during the quarter. Donald L. Hagan LLC’s holdings in VICI Properties were worth $265,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of VICI Properties by 599.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company’s stock worth $297,685,000 after purchasing an additional 7,658,819 shares during the last quarter. Los Angeles Capital Management LLC increased its stake in shares of VICI Properties by 367.8% in the third quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company’s stock valued at $73,927,000 after purchasing an additional 1,744,939 shares during the period. State Street Corp raised its holdings in VICI Properties by 2.1% during the third quarter. State Street Corp now owns 55,548,393 shares of the company’s stock worth $1,873,869,000 after purchasing an additional 1,164,717 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in VICI Properties by 127.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,715,143 shares of the company’s stock worth $50,099,000 after purchasing an additional 960,706 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company’s stock valued at $393,847,000 after buying an additional 770,195 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Stock Up 0.5 %

VICI stock opened at $29.80 on Friday. The stock’s 50 day simple moving average is $30.13 and its 200 day simple moving average is $31.49. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The company has a market cap of $31.41 billion, a P/E ratio of 11.04, a price-to-earnings-growth ratio of 3.78 and a beta of 0.94.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a yield of 5.81%. The ex-dividend date was Tuesday, December 17th. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. KeyCorp reissued a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Mizuho decreased their price objective on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. Wedbush lowered shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Barclays started coverage on shares of VICI Properties in a research report on Friday, January 10th. They issued an “overweight” rating and a $36.00 price target for the company. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and an average price target of $34.33.

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.