National Pension Service Has $67.48 Million Position in VICI Properties Inc. (NYSE:VICI)

National Pension Service raised its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 14.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,025,737 shares of the company's stock after buying an additional 257,000 shares during the period. National Pension Service owned approximately 0.19% of VICI Properties worth $67,477,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in VICI. Vanguard Group Inc. increased 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 valued at $4,577,974,000 after buying an additional 6,755,553 shares in the last quarter. Capital International Investors boosted its position in shares of VICI Properties by 7.5% in 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 period. Capital Research Global Investors increased its stake in 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 in the last quarter. Dimensional Fund Advisors LP increased its stake in VICI Properties by 1.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 14,632,629 shares of the company's stock worth $419,073,000 after purchasing an additional 201,899 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in VICI Properties by 1.8% during the 2nd quarter. Legal & General Group Plc now owns 14,426,075 shares of the company's stock worth $413,163,000 after buying an additional 251,313 shares during the period. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Stock Down 2.9 %

NYSE VICI traded down $0.93 on Wednesday, reaching $31.11. The stock had a trading volume of 9,268,258 shares, compared to its average volume of 5,709,703. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The business has a 50 day moving average price of $32.89 and a 200 day moving average price of $30.76. The company has a market capitalization of $32.80 billion, a price-to-earnings ratio of 11.52, a P/E/G ratio of 4.98 and a beta of 0.94.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were issued a $0.4325 dividend. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 dividend on an annualized basis and a yield of 5.56%. This is an increase from VICI Properties's previous quarterly dividend of $0.42. VICI Properties's dividend payout ratio is currently 64.07%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Evercore ISI boosted their price target 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 previously from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Finally, JMP Securities upped their price target on VICI Properties from $34.00 to $35.00 and gave the company a "market outperform" rating in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $34.11.

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.