Capital Investment Advisors LLC Raises Holdings in VICI Properties Inc. (NYSE:VICI)

Capital Investment Advisors LLC raised its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 22.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 339,067 shares of the company's stock after acquiring an additional 62,307 shares during the period. Capital Investment Advisors LLC's holdings in VICI Properties were worth $9,904,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Quarry LP grew its holdings in VICI Properties by 780.5% during the second quarter. Quarry LP now owns 1,127 shares of the company's stock worth $32,000 after purchasing an additional 999 shares during the period. Continuum Advisory LLC boosted its stake in shares of VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock worth $50,000 after acquiring an additional 374 shares during the period. UMB Bank n.a. increased its holdings in shares of VICI Properties by 37.4% during the 3rd quarter. UMB Bank n.a. now owns 1,880 shares of the company's stock worth $63,000 after acquiring an additional 512 shares during the last quarter. Brown Brothers Harriman & Co. raised its stake in VICI Properties by 512.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company's stock valued at $65,000 after acquiring an additional 1,630 shares during the period. Finally, Harbor Capital Advisors Inc. acquired a new stake in VICI Properties during the 3rd quarter valued at $67,000. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Stock Up 1.9 %

NYSE VICI traded up $0.55 on Monday, reaching $28.76. The company had a trading volume of 5,432,986 shares, compared to its average volume of 8,121,539. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The company's fifty day moving average is $30.72 and its 200 day moving average is $31.41. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The stock has a market capitalization of $30.32 billion, a P/E ratio of 10.65, a P/E/G ratio of 4.12 and a beta of 0.94.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date was Tuesday, December 17th. VICI Properties's payout ratio is 64.07%.

Analysts Set New Price Targets

A number of brokerages have issued reports on VICI. Evercore ISI increased their price objective 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. KeyCorp reissued a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Mizuho cut their target price on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 8th. Wedbush downgraded shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, JMP Securities reissued a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, VICI Properties has a consensus rating of "Moderate Buy" and a consensus price target of $34.25.

VICI Properties 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.