Yousif Capital Management LLC Grows Stake in VICI Properties Inc. (NYSE:VICI)

Yousif Capital Management LLC grew its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 182,394 shares of the company's stock after acquiring an additional 19,625 shares during the period. Yousif Capital Management LLC's holdings in VICI Properties were worth $5,328,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VICI. Continuum Advisory LLC grew its stake in shares of VICI Properties by 30.5% in the 3rd 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 shares of VICI Properties by 37.4% in the 3rd quarter. UMB Bank n.a. now owns 1,880 shares of the company's stock valued at $63,000 after buying an additional 512 shares during the period. Brown Brothers Harriman & Co. grew its stake in shares of 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 buying an additional 1,630 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of VICI Properties in the 3rd quarter valued at about $67,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of 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 buying an additional 1,700 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Stock Performance

Shares of VICI Properties stock traded down $0.10 during mid-day trading on Monday, hitting $30.02. 3,125,904 shares of the stock were exchanged, compared to its average volume of 6,432,837. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The company has a 50-day simple moving average of $29.83 and a 200 day simple moving average of $31.49. 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 company has a market capitalization of $31.64 billion, a P/E ratio of 11.12, a P/E/G ratio of 3.80 and a beta of 0.95.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.4325 per share. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 annualized dividend and a dividend yield of 5.76%. VICI Properties's dividend payout ratio is currently 64.07%.

Wall Street Analysts Forecast Growth

VICI has been the subject of several research reports. Truist Financial reduced their target price on VICI Properties from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Mizuho reduced their target price on VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Wednesday, January 8th. Barclays cut their price target on VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. Finally, KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $34.22.

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.