VICI Properties Inc. (NYSE:VICI) is Pensionfund Sabic’s 10th Largest Position

Pensionfund Sabic grew its position in shares of VICI Properties Inc. (NYSE:VICIFree Report) by 59.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 138,000 shares of the company’s stock after buying an additional 51,500 shares during the quarter. VICI Properties accounts for 1.2% of Pensionfund Sabic’s portfolio, making the stock its 10th largest position. Pensionfund Sabic’s holdings in VICI Properties were worth $4,111,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sheaff Brock Investment Advisors LLC raised its holdings in shares of VICI Properties by 0.8% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 44,565 shares of the company’s stock valued at $1,421,000 after purchasing an additional 355 shares during the last quarter. Bard Associates Inc. increased its holdings in VICI Properties by 0.5% during the fourth quarter. Bard Associates Inc. now owns 79,612 shares of the company’s stock valued at $2,570,000 after buying an additional 395 shares during the last quarter. Schnieders Capital Management LLC increased its holdings in VICI Properties by 0.8% during the fourth quarter. Schnieders Capital Management LLC now owns 51,843 shares of the company’s stock valued at $1,653,000 after buying an additional 406 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of VICI Properties by 0.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 52,494 shares of the company’s stock worth $1,674,000 after acquiring an additional 448 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its position in shares of VICI Properties by 6.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 8,366 shares of the company’s stock valued at $267,000 after acquiring an additional 489 shares during the period. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

VICI has been the topic of a number of recent research reports. Morgan Stanley raised their target price on VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Monday, March 18th. Scotiabank raised their price objective on VICI Properties from $32.00 to $34.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 16th. Mizuho boosted their price objective on VICI Properties from $31.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Finally, Wells Fargo & Company reduced their target price on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, March 6th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $33.50.

Get Our Latest Report on VICI Properties

VICI Properties Trading Up 1.2 %

NYSE VICI traded up $0.32 on Wednesday, hitting $28.11. 5,399,774 shares of the stock were exchanged, compared to its average volume of 6,253,935. VICI Properties Inc. has a 52-week low of $26.63 and a 52-week high of $33.40. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 2.97. The stock has a fifty day moving average price of $28.66 and a two-hundred day moving average price of $29.70. The firm has a market capitalization of $29.32 billion, a P/E ratio of 11.11, a P/E/G ratio of 2.31 and a beta of 0.91.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Tuesday, June 18th will be given a dividend of $0.415 per share. The ex-dividend date of this dividend is Tuesday, June 18th. This represents a $1.66 annualized dividend and a dividend yield of 5.91%. VICI Properties’s dividend payout ratio (DPR) is 65.61%.

About VICI Properties

(Free Report)

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.

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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