Jackson Square Capital LLC lessened its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 45.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,740 shares of the company's stock after selling 13,305 shares during the quarter. Jackson Square Capital LLC's holdings in VICI Properties were worth $460,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP lifted its holdings in shares of 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 in the last quarter. Continuum Advisory LLC raised its position in VICI Properties by 30.5% during the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock valued at $50,000 after buying an additional 374 shares during the period. UMB Bank n.a. lifted its stake in VICI Properties by 37.4% in the 3rd quarter. UMB Bank n.a. now owns 1,880 shares of the company's stock worth $63,000 after acquiring an additional 512 shares in the last quarter. Brown Brothers Harriman & Co. boosted its position in VICI Properties by 512.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company's stock worth $65,000 after acquiring an additional 1,630 shares during the period. Finally, Harbor Capital Advisors Inc. purchased a new position in VICI Properties during the 3rd quarter valued at about $67,000. Institutional investors and hedge funds own 97.71% of the company's stock.
VICI Properties Trading Up 0.3 %
NYSE:VICI traded up $0.08 during trading hours on Friday, hitting $29.36. 10,796,162 shares of the stock were exchanged, compared to its average volume of 5,733,146. The company has a market capitalization of $30.95 billion, a P/E ratio of 10.87, a price-to-earnings-growth ratio of 3.60 and a beta of 0.94. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The company's 50 day moving average is $30.48 and its two-hundred day moving average is $31.42. VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.29.
VICI Properties Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.89%. The ex-dividend date of this dividend was Tuesday, December 17th. VICI Properties's dividend payout ratio (DPR) is presently 64.07%.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on VICI. Barclays assumed coverage on shares of VICI Properties in a research report on Friday, January 10th. They set an "overweight" rating and a $36.00 price objective on the stock. Mizuho dropped their price target on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 8th. JMP Securities reissued a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research report on Wednesday, December 11th. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $36.00 target price (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Finally, KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $34.33.
Get Our Latest Analysis on VICI Properties
About VICI Properties
(
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.
Further Reading
Before you consider VICI Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VICI Properties wasn't on the list.
While VICI Properties currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
