Los Angeles Capital Management LLC Has $73.93 Million Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Los Angeles Capital Management LLC increased its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 367.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,219,378 shares of the company's stock after acquiring an additional 1,744,939 shares during the period. Los Angeles Capital Management LLC owned about 0.21% of VICI Properties worth $73,927,000 at the end of the most recent reporting period.

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

VICI Properties Trading Up 1.5 %

Shares of NYSE:VICI traded up $0.46 during mid-day trading on Friday, hitting $31.39. The company had a trading volume of 4,396,142 shares, compared to its average volume of 4,356,132. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a one year low of $27.08 and a one year high of $34.29. The firm has a fifty day moving average price of $32.80 and a 200 day moving average price of $30.82. The company has a market capitalization of $33.09 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 4.80 and a beta of 0.94.

VICI Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were paid a $0.4325 dividend. The ex-dividend date was Wednesday, September 18th. This is an increase from VICI Properties's previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a dividend yield of 5.51%. VICI Properties's dividend payout ratio (DPR) is currently 64.07%.

Analyst Ratings Changes

VICI has been the topic of several analyst reports. Evercore ISI upped their target price on VICI Properties from $36.00 to $37.00 and gave the company an "outperform" rating in a report on Monday, September 16th. JMP Securities upped their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company a "market outperform" rating in a research note 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 research report on Tuesday, October 1st. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $34.11.

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.