GSA Capital Partners LLP increased its stake in VICI Properties Inc. (NYSE:VICI - Free Report) by 477.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 68,082 shares of the company's stock after buying an additional 56,299 shares during the period. GSA Capital Partners LLP's holdings in VICI Properties were worth $2,268,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VICI. Vanguard Group Inc. grew its holdings in shares of VICI Properties by 4.6% in the first quarter. Vanguard Group Inc. now owns 153,674,848 shares of the company's stock worth $4,577,974,000 after acquiring an additional 6,755,553 shares during the period. Capital International Investors increased its position in shares of VICI Properties by 7.5% during the 1st quarter. Capital International Investors now owns 67,600,000 shares of the company's stock valued at $2,013,804,000 after purchasing an additional 4,728,903 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of VICI Properties by 8.7% in the 1st quarter. Capital Research Global Investors now owns 37,528,622 shares of the company's stock worth $1,117,978,000 after purchasing an additional 3,001,793 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of VICI Properties by 1.4% in the second quarter. Dimensional Fund Advisors LP now owns 14,632,629 shares of the company's stock worth $419,073,000 after buying an additional 201,899 shares during the last quarter. Finally, Legal & General Group Plc grew its position in VICI Properties by 1.8% during the second quarter. Legal & General Group Plc now owns 14,426,075 shares of the company's stock valued at $413,163,000 after buying an additional 251,313 shares during the period. Institutional investors own 97.71% of the company's stock.
VICI Properties Trading Up 0.2 %
Shares of NYSE:VICI traded up $0.05 during trading hours on Tuesday, hitting $31.33. 1,014,336 shares of the company's stock traded hands, compared to its average volume of 5,677,479. 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 business has a fifty day moving average price of $32.76 and a 200-day moving average price of $30.84. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The firm has a market capitalization of $33.03 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 4.80 and a beta of 0.94.
VICI Properties Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a yield of 5.52%. The ex-dividend date of this dividend was Wednesday, September 18th. This is an increase from VICI Properties's previous quarterly dividend of $0.42. VICI Properties's dividend payout ratio (DPR) is currently 64.07%.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the company. Evercore ISI lifted 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. 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 upped their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock a "market outperform" rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, VICI Properties currently has an average rating of "Moderate Buy" and a consensus target price of $34.11.
Get Our Latest Analysis on VICI
VICI Properties Company 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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