VICI Properties Inc. (NYSE:VICI) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 18.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,757,069 shares of the company's stock after acquiring an additional 268,818 shares during the quarter. Victory Capital Management Inc. owned approximately 0.17% of VICI Properties worth $58,528,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VICI. Intech Investment Management LLC increased its holdings in VICI Properties by 115.9% in the 1st quarter. Intech Investment Management LLC now owns 31,344 shares of the company's stock worth $934,000 after purchasing an additional 16,824 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in VICI Properties by 14.0% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 484,628 shares of the company's stock worth $14,437,000 after acquiring an additional 59,613 shares in the last quarter. Handelsbanken Fonder AB raised its stake in shares of VICI Properties by 8.8% in the third quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company's stock worth $19,781,000 after purchasing an additional 47,953 shares during the last quarter. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of VICI Properties during the second quarter valued at approximately $557,000. Finally, Los Angeles Capital Management LLC increased its position in VICI Properties by 367.8% in the third quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company's stock worth $73,927,000 after buying an additional 1,744,939 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $36.00 price target (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Mizuho decreased their price objective on VICI Properties from $34.00 to $33.00 and set an "outperform" rating on the stock in a report on Thursday. JMP Securities lifted their price objective on VICI Properties from $34.00 to $35.00 and gave the stock a "market outperform" rating in a report on Friday, November 1st. Finally, Evercore ISI boosted their price target on VICI Properties from $36.00 to $37.00 and gave the company an "outperform" rating in a report on Monday, September 16th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $34.22.

VICI Properties Stock Up 1.1 %

NYSE:VICI traded up $0.34 during trading hours on Friday, reaching $31.64. The company's stock had a trading volume of 2,447,552 shares, compared to its average volume of 5,668,478. The stock has a 50 day moving average price of $32.62 and a two-hundred day moving average price of $30.86. 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 12 month low of $27.08 and a 12 month high of $34.29. The company has a market capitalization of $33.35 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 4.15 and a beta of 0.94.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 18th were given a $0.4325 dividend. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.47%. This is an increase from VICI Properties's previous quarterly dividend of $0.42. VICI Properties's dividend payout ratio is 64.07%.

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.