Keeler Thomas Management LLC grew its holdings in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 69.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,754 shares of the company’s stock after acquiring an additional 22,845 shares during the quarter. Keeler Thomas Management LLC’s holdings in VICI Properties were worth $1,480,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its position in VICI Properties by 204.4% in the first quarter. NewEdge Advisors LLC now owns 37,580 shares of the company’s stock valued at $1,226,000 after buying an additional 25,234 shares in the last quarter. Woodline Partners LP lifted its stake in shares of VICI Properties by 41.3% in the 1st quarter. Woodline Partners LP now owns 89,062 shares of the company’s stock valued at $2,905,000 after acquiring an additional 26,017 shares during the last quarter. Jump Financial LLC boosted its holdings in shares of VICI Properties by 45.0% during the 2nd quarter. Jump Financial LLC now owns 26,597 shares of the company’s stock valued at $867,000 after acquiring an additional 8,259 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of VICI Properties by 96.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 976,778 shares of the company’s stock valued at $31,843,000 after acquiring an additional 478,538 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of VICI Properties by 1.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 210,846 shares of the company’s stock valued at $6,860,000 after acquiring an additional 2,775 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.
VICI Properties Trading Down 0.7%
NYSE VICI opened at $25.69 on Tuesday. The business’s 50-day moving average price is $26.48 and its two-hundred day moving average price is $27.73. VICI Properties Inc. has a 12 month low of $25.61 and a 12 month high of $33.92. The firm has a market capitalization of $28.29 billion, a PE ratio of 9.96 and a beta of 0.65. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.57.
VICI Properties Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend was Thursday, June 18th. VICI Properties’s dividend payout ratio is currently 69.77%.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $30.00 price target on VICI Properties in a research note on Friday, July 31st. Scotiabank reduced their price target on VICI Properties from $32.00 to $29.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Wells Fargo & Company lowered their price objective on VICI Properties from $29.00 to $27.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Finally, Royal Bank Of Canada began coverage on shares of VICI Properties in a report on Thursday, June 25th. They issued a “sector perform” rating and a $29.00 price objective for the company. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $31.29.
View Our Latest Stock Report on VICI
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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