Robeco Institutional Asset Management B.V. Purchases 68,838 Shares of VICI Properties Inc. (NYSE:VICI)

Robeco Institutional Asset Management B.V. grew its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 10.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 754,437 shares of the company's stock after purchasing an additional 68,838 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.07% of VICI Properties worth $25,130,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of VICI Properties by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 153,674,848 shares of the company's stock valued at $4,577,974,000 after purchasing an additional 6,755,553 shares during the period. Capital International Investors boosted its holdings in shares of VICI Properties by 7.5% in the first quarter. Capital International Investors now owns 67,600,000 shares of the company's stock valued at $2,013,804,000 after buying an additional 4,728,903 shares during the period. Capital Research Global Investors increased its position in shares of VICI Properties by 8.7% during the first quarter. Capital Research Global Investors now owns 37,528,622 shares of the company's stock worth $1,117,978,000 after acquiring an additional 3,001,793 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of VICI Properties by 1.4% during the second quarter. Dimensional Fund Advisors LP now owns 14,632,629 shares of the company's stock worth $419,073,000 after acquiring an additional 201,899 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of VICI Properties by 1.8% during the second quarter. Legal & General Group Plc now owns 14,426,075 shares of the company's stock worth $413,163,000 after acquiring an additional 251,313 shares during the period. 97.71% of the stock is owned by institutional investors.

VICI Properties Stock Down 2.9 %

Shares of VICI Properties stock traded down $0.93 during trading hours on Wednesday, reaching $31.11. 9,268,258 shares of the company's stock were exchanged, compared to its average volume of 5,709,703. The stock has a market cap of $32.80 billion, a P/E ratio of 11.52, a P/E/G ratio of 4.98 and a beta of 0.94. The company has a 50 day moving average of $32.89 and a two-hundred day moving average of $30.76. 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 fifty-two week low of $27.08 and a fifty-two week high of $34.29.

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 given a dividend of $0.4325 per share. The ex-dividend date of this dividend was Wednesday, September 18th. This is a boost from VICI Properties's previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a yield of 5.56%. VICI Properties's dividend payout ratio is 64.07%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Evercore ISI upped their target price on shares of VICI Properties from $36.00 to $37.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. JMP Securities boosted their price target on VICI Properties from $34.00 to $35.00 and gave the company a "market outperform" rating in a report on Friday, November 1st. Finally, Wells Fargo & Company reiterated an "overweight" rating and set a $36.00 price objective (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, VICI Properties 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.