Barclays PLC lowered its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 7.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,255,801 shares of the company's stock after selling 172,526 shares during the quarter. Barclays PLC owned about 0.21% of VICI Properties worth $75,138,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Quarry LP grew its holdings in shares of VICI Properties by 780.5% during the 2nd quarter. Quarry LP now owns 1,127 shares of the company's stock worth $32,000 after purchasing an additional 999 shares in the last quarter. UMB Bank n.a. increased its holdings in VICI Properties by 254.4% in the 2nd quarter. UMB Bank n.a. now owns 1,368 shares of the company's stock valued at $39,000 after buying an additional 982 shares during the period. Carmichael Hill & Associates Inc. increased its holdings in VICI Properties by 363.2% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company's stock valued at $40,000 after buying an additional 1,104 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of VICI Properties in the 2nd quarter valued at approximately $43,000. Finally, Rothschild Investment LLC bought a new stake in shares of VICI Properties during the 2nd quarter worth approximately $47,000. Institutional investors own 97.71% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on VICI shares. Evercore ISI lifted their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the company an "outperform" rating in a research note on Monday, September 16th. Mizuho decreased their price target 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. Wells Fargo & Company restated an "overweight" rating and set a $36.00 price objective (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Finally, JMP Securities reiterated a "market outperform" rating and issued a $35.00 target price on shares of VICI Properties in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.00.
Get Our Latest Analysis on VICI Properties
VICI Properties Trading Down 0.7 %
NYSE VICI traded down $0.22 during trading hours on Thursday, reaching $31.09. The company's stock had a trading volume of 3,738,079 shares, compared to its average volume of 5,610,886. The firm has a fifty day simple moving average of $32.12 and a 200-day simple moving average of $31.22. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29. The stock has a market cap of $32.77 billion, a P/E ratio of 11.67, a P/E/G ratio of 4.19 and a beta of 0.93.
VICI Properties Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th will be paid a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.56%. The ex-dividend date of this dividend is Tuesday, December 17th. VICI Properties's payout ratio is currently 64.07%.
VICI Properties Profile
(
Free Report)
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.
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