Wasatch Advisors LP Decreases Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Wasatch Advisors LP cut its holdings in VICI Properties Inc. (NYSE:VICI) by 5.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,549 shares of the company’s stock after selling 6,051 shares during the quarter. Wasatch Advisors LP’s holdings in VICI Properties were worth $3,716,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VICI. Charles Schwab Investment Management Inc. increased its holdings in shares of VICI Properties by 7.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company’s stock worth $393,847,000 after buying an additional 770,195 shares during the last quarter. Handelsbanken Fonder AB increased its stake in VICI Properties by 8.8% during the third quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company’s stock worth $19,781,000 after acquiring an additional 47,953 shares during the last quarter. Gordian Capital Singapore Pte Ltd bought a new stake in shares of VICI Properties in the 2nd quarter valued at approximately $557,000. Los Angeles Capital Management LLC boosted its holdings in shares of VICI Properties by 367.8% in the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company’s stock worth $73,927,000 after purchasing an additional 1,744,939 shares during the period. Finally, Centaurus Financial Inc. purchased a new position in shares of VICI Properties in the 3rd quarter worth approximately $1,265,000. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

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

VICI Properties Stock Up 0.0 %

Shares of NYSE:VICI opened at $32.61 on Friday. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The business’s 50 day moving average is $32.34 and its 200 day moving average is $31.11. The stock has a market cap of $34.38 billion, a P/E ratio of 12.08, a price-to-earnings-growth ratio of 4.32 and a beta of 0.94. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were paid a dividend of $0.4325 per share. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.31%. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio (DPR) is currently 64.07%.

VICI Properties Company 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.