VICI Properties Inc. (NYSE:VICI) Shares Acquired by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in VICI Properties Inc. (NYSE:VICI) by 68.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 877,427 shares of the company’s stock after acquiring an additional 357,444 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.08% of VICI Properties worth $29,227,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Quarry LP grew its stake in shares of VICI Properties by 780.5% in the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after purchasing an additional 999 shares during the last quarter. UMB Bank n.a. grew its position in VICI Properties by 254.4% in the 2nd quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock valued at $39,000 after buying an additional 982 shares during the last quarter. Carmichael Hill & Associates Inc. increased its stake in VICI Properties by 363.2% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock valued at $40,000 after buying an additional 1,104 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in VICI Properties during the 2nd quarter worth $43,000. Finally, Rothschild Investment LLC acquired a new stake in shares of VICI Properties in the 2nd quarter worth $47,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on VICI. Wells Fargo & Company reissued an “overweight” rating and set a $36.00 price target (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Mizuho cut their target price on VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a research note on Thursday, November 14th. JMP Securities lifted their price target on VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a research note on Friday, November 1st. Finally, Evercore ISI increased their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and an average target price of $34.22.

VICI Properties Stock Up 0.7 %

VICI Properties stock opened at $32.60 on Friday. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The firm has a market capitalization of $34.37 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 4.32 and a beta of 0.94. The stock’s fifty day moving average is $32.35 and its two-hundred day moving average is $31.08. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were paid a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.31%. This is a boost from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. VICI Properties’s dividend payout ratio is presently 64.07%.

VICI Properties Profile

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.