93,019 Shares in VICI Properties Inc. (NYSE:VICI) Purchased by Point72 Asset Management L.P.

Point72 Asset Management L.P. purchased a new stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 93,019 shares of the company's stock, valued at approximately $3,098,000.

Other institutional investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its holdings in VICI Properties by 8.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company's stock worth $18,268,000 after acquiring an additional 40,733 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company's stock worth $393,847,000 after purchasing an additional 770,195 shares during the last quarter. Handelsbanken Fonder AB increased its holdings in VICI Properties by 8.8% in the third quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company's stock valued at $19,781,000 after purchasing an additional 47,953 shares during the period. Gordian Capital Singapore Pte Ltd bought a new position in VICI Properties during the 2nd quarter worth $557,000. Finally, Los Angeles Capital Management LLC lifted its holdings in VICI Properties by 367.8% during the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company's stock worth $73,927,000 after buying an additional 1,744,939 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VICI has been the topic of a number of recent analyst reports. Evercore ISI lifted their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. Mizuho reduced their price objective on shares of 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 reissued 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. Finally, JMP Securities upped their price target on shares of 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 research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, VICI Properties has an average rating of "Moderate Buy" and a consensus price target of $34.00.

VICI Properties Stock Down 0.7 %

VICI Properties stock traded down $0.23 during mid-day trading on Tuesday, reaching $31.53. The stock had a trading volume of 2,295,851 shares, compared to its average volume of 5,612,563. The firm has a market capitalization of $33.24 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 4.19 and a beta of 0.93. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The stock's 50-day simple moving average is $32.17 and its 200-day simple moving average is $31.20. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th will be issued a dividend of $0.4325 per share. The ex-dividend date is Tuesday, December 17th. This represents a $1.73 annualized dividend and a yield of 5.49%. VICI Properties's payout ratio is 64.07%.

VICI Properties Company Profile

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.