VICI Properties Inc. (NYSE:VICI) Shares Acquired by LDR Capital Management LLC

LDR Capital Management LLC lifted its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 69.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,768 shares of the company's stock after acquiring an additional 39,199 shares during the period. VICI Properties comprises approximately 3.6% of LDR Capital Management LLC's holdings, making the stock its 8th largest holding. LDR Capital Management LLC's holdings in VICI Properties were worth $3,190,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in VICI. SG Americas Securities LLC boosted its position in VICI Properties by 671.3% during the 1st quarter. SG Americas Securities LLC now owns 721,523 shares of the company's stock valued at $21,494,000 after purchasing an additional 627,979 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of VICI Properties by 15.1% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,882,494 shares of the company's stock worth $56,079,000 after acquiring an additional 246,983 shares during the period. Norden Group LLC bought a new stake in VICI Properties in the 1st quarter valued at about $1,033,000. Intech Investment Management LLC boosted its stake in VICI Properties by 115.9% during the 1st quarter. Intech Investment Management LLC now owns 31,344 shares of the company's stock valued at $934,000 after purchasing an additional 16,824 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in VICI Properties by 14.0% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 484,628 shares of the company's stock worth $14,437,000 after purchasing an additional 59,613 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on VICI. Evercore ISI boosted their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. Wells Fargo & Company reaffirmed an "overweight" rating and set a $36.00 target price (up previously from $33.00) on shares of VICI Properties in a research note on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, VICI Properties currently has an average rating of "Moderate Buy" and an average price target of $34.00.

VICI Properties Price Performance

Shares of VICI traded up $0.18 during midday trading on Tuesday, reaching $32.77. The stock had a trading volume of 4,203,093 shares, compared to its average volume of 5,762,343. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.31 and a quick ratio of 2.31. The company has a market capitalization of $34.19 billion, a P/E ratio of 12.88, a P/E/G ratio of 5.21 and a beta of 0.93. The firm's 50 day moving average price is $32.92 and its 200-day moving average price is $30.45. VICI Properties Inc. has a 52 week low of $26.63 and a 52 week high of $34.29.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 18th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.28%. This is an increase from VICI Properties's previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. VICI Properties's dividend payout ratio is presently 68.38%.

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.