Sumitomo Mitsui DS Asset Management Company Ltd Purchases 24,317 Shares of VICI Properties Inc. (NYSE:VICI)

Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 331,341 shares of the company's stock after purchasing an additional 24,317 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in VICI Properties were worth $9,678,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Continuum Advisory LLC increased its position in shares of 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. grew its stake in VICI Properties by 37.4% during the third quarter. UMB Bank n.a. now owns 1,880 shares of the company's stock valued at $63,000 after acquiring an additional 512 shares in the last quarter. Brown Brothers Harriman & Co. increased its holdings 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. Harbor Capital Advisors Inc. purchased a new stake in VICI Properties in the 3rd quarter worth approximately $67,000. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in VICI Properties by 340.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,200 shares of the company's stock valued at $74,000 after purchasing an additional 1,700 shares during the period. Hedge funds and other institutional investors own 97.71% of the company's stock.

VICI Properties Trading Down 0.1 %

Shares of VICI stock traded down $0.02 on Tuesday, hitting $29.93. 6,094,256 shares of the company's stock traded hands, compared to its average volume of 6,539,753. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The stock has a market capitalization of $31.55 billion, a price-to-earnings ratio of 11.08, a P/E/G ratio of 3.80 and a beta of 0.95. The company's fifty day simple moving average is $29.75 and its 200 day simple moving average is $31.48. VICI Properties Inc. has a one year low of $27.08 and a one year high of $34.29.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were paid a $0.4325 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a yield of 5.78%. VICI Properties's dividend payout ratio (DPR) is currently 64.07%.

Analyst Ratings Changes

A number of brokerages recently issued reports on VICI. Barclays lowered their price objective on VICI Properties from $36.00 to $35.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 4th. Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. KeyCorp restated a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. JMP Securities reiterated a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a research report on Monday, January 27th. Finally, Mizuho decreased their price target on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Three investment 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $34.22.

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.