TD Private Client Wealth LLC Has $3.85 Million Holdings in VICI Properties Inc. (NYSE:VICI)

TD Private Client Wealth LLC boosted its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 19.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,670 shares of the company's stock after buying an additional 18,501 shares during the quarter. TD Private Client Wealth LLC's holdings in VICI Properties were worth $3,853,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. State Street Corp lifted its stake in shares of VICI Properties by 2.1% in the third quarter. State Street Corp now owns 55,548,393 shares of the company's stock worth $1,873,869,000 after buying an additional 1,164,717 shares during the last quarter. Geode Capital Management LLC lifted its position in VICI Properties by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 28,475,659 shares of the company's stock worth $945,712,000 after acquiring an additional 608,696 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in VICI Properties by 1.4% during the 2nd 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 during the last quarter. Legal & General Group Plc boosted its holdings in VICI Properties by 1.8% during the second quarter. Legal & General Group Plc now owns 14,426,075 shares of the company's stock valued at $413,163,000 after acquiring an additional 251,313 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in shares of VICI Properties by 6.6% in the second quarter. Daiwa Securities Group Inc. now owns 12,064,575 shares of the company's stock valued at $345,530,000 after purchasing an additional 751,078 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Evercore ISI raised their price target on shares of VICI Properties from $36.00 to $37.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. Wells Fargo & Company reissued an "overweight" rating and set a $36.00 target price (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Mizuho lowered their price target on VICI Properties from $34.00 to $33.00 and set an "outperform" rating on the stock in a research note on Thursday, November 14th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $34.00.

VICI Properties Trading Down 0.7 %

VICI Properties stock traded down $0.22 during trading hours on Thursday, reaching $31.09. 3,738,079 shares of the company's stock traded hands, compared to its average volume of 5,610,886. The firm has a market capitalization of $32.77 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 4.19 and a beta of 0.93. 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 Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The firm's 50 day moving average is $32.09 and its 200-day moving average is $31.22.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Tuesday, December 17th will be paid a dividend of $0.4325 per share. The ex-dividend date is Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.56%. VICI Properties's dividend payout ratio (DPR) is presently 64.07%.

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.