VICI Properties Inc. $VICI Shares Purchased by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ grew its stake in shares of VICI Properties Inc. (NYSE:VICI) by 25.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 995,021 shares of the company’s stock after purchasing an additional 204,372 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned 0.09% of VICI Properties worth $32,448,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. State of Wyoming purchased a new stake in shares of VICI Properties during the 2nd quarter valued at about $26,000. Parvin Asset Management LLC purchased a new position in VICI Properties in the 2nd quarter worth approximately $27,000. Hantz Financial Services Inc. grew its position in VICI Properties by 489.2% in the second quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock valued at $28,000 after acquiring an additional 724 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of VICI Properties during the second quarter valued at approximately $28,000. Finally, Godsey & Gibb Inc. acquired a new position in shares of VICI Properties during the third quarter worth $29,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on VICI shares. Wells Fargo & Company restated an “equal weight” rating and issued a $32.00 target price (down from $36.00) on shares of VICI Properties in a research note on Tuesday, November 18th. Mizuho decreased their price objective on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, December 17th. Barclays dropped their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Finally, Stifel Nicolaus dropped their price objective on VICI Properties from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.85.

VICI Properties Stock Up 1.9%

VICI stock opened at $29.85 on Wednesday. The firm has a market cap of $31.90 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 2.91 and a beta of 0.70. VICI Properties Inc. has a 1-year low of $27.48 and a 1-year high of $34.03. The firm has a fifty day moving average price of $28.36 and a two-hundred day moving average price of $30.35. The company has a debt-to-equity ratio of 0.60, a current ratio of 3.60 and a quick ratio of 3.60.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th were issued a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a yield of 6.0%. VICI Properties’s dividend payout ratio (DPR) is currently 68.70%.

About VICI Properties

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.