WINTON GROUP Ltd purchased a new position in shares of VICI Properties Inc. (NYSE:VICI – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 497,200 shares of the company’s stock, valued at approximately $13,981,000.
Other large investors have also bought and sold shares of the company. State of Wyoming bought a new stake in VICI Properties during the 2nd quarter worth approximately $26,000. Headlands Technologies LLC acquired a new position in VICI Properties during the 2nd quarter worth $28,000. Evolution Wealth Management Inc. acquired a new position in VICI Properties during the 4th quarter worth $28,000. BOKF NA acquired a new position in VICI Properties during the 3rd quarter worth $30,000. Finally, Sarver Vrooman Wealth Advisors acquired a new position in VICI Properties during the 4th quarter worth $33,000. 97.71% of the stock is currently owned by institutional investors.
VICI Properties Stock Up 2.5%
NYSE:VICI opened at $27.88 on Friday. The stock’s fifty day moving average price is $28.16 and its two-hundred day moving average price is $28.45. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.62 and a current ratio of 3.62. The company has a market cap of $29.81 billion, a price-to-earnings ratio of 9.55 and a beta of 0.65. VICI Properties Inc. has a 52-week low of $26.55 and a 52-week high of $34.01.
VICI Properties Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.5%. VICI Properties’s dividend payout ratio is 61.64%.
Analyst Ratings Changes
Several research firms have issued reports on VICI. Scotiabank upped their price objective on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Barclays upped their price objective on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Mizuho reaffirmed a “neutral” rating and set a $30.00 price objective on shares of VICI Properties in a report on Wednesday, March 11th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $33.38.
Get Our Latest Analysis on VICI Properties
VICI Properties Profile
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.
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