Pacer Advisors Inc. lifted its stake in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 31.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 143,586 shares of the company’s stock after acquiring an additional 33,984 shares during the quarter. Pacer Advisors Inc.’s holdings in VICI Properties were worth $4,038,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in VICI. NewEdge Advisors LLC raised its stake in shares of VICI Properties by 204.4% in the 1st quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after acquiring an additional 25,234 shares in the last quarter. Woodline Partners LP boosted its position in VICI Properties by 41.3% during the first quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock worth $2,905,000 after purchasing an additional 26,017 shares during the period. Jump Financial LLC boosted its position in VICI Properties by 45.0% during the second quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock worth $867,000 after purchasing an additional 8,259 shares during the period. Treasurer of the State of North Carolina grew its holdings in VICI Properties by 96.0% during the second quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock valued at $31,843,000 after purchasing an additional 478,538 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in VICI Properties by 1.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock valued at $6,860,000 after purchasing an additional 2,775 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.
VICI Properties Price Performance
Shares of VICI Properties stock opened at $26.11 on Tuesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. The company has a market cap of $27.91 billion, a PE ratio of 8.94 and a beta of 0.65. The firm has a fifty day moving average price of $28.16 and a two-hundred day moving average price of $28.34. VICI Properties Inc. has a fifty-two week low of $26.08 and a fifty-two week high of $34.01.
VICI Properties Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s dividend payout ratio (DPR) is presently 61.64%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on VICI shares. Mizuho reissued a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a research report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $31.00 target price on shares of VICI Properties in a research note on Monday, May 4th. Scotiabank dropped their target price on shares of VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Finally, Barclays lifted their price objective on VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, VICI Properties has an average rating of “Moderate Buy” and an average price target of $33.15.
Read Our Latest Stock Analysis on VICI Properties
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.
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