Yousif Capital Management LLC Has $5.33 Million Stock Position in VICI Properties Inc. (NYSE:VICI)

Yousif Capital Management LLC raised its position in VICI Properties Inc. (NYSE:VICI) by 12.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 182,394 shares of the company’s stock after buying an additional 19,625 shares during the period. Yousif Capital Management LLC’s holdings in VICI Properties were worth $5,328,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. CHURCHILL MANAGEMENT Corp lifted its position in VICI Properties by 2.9% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company’s stock worth $9,103,000 after buying an additional 8,834 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of VICI Properties by 8.0% during the third quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company’s stock worth $18,268,000 after purchasing an additional 40,733 shares in the last quarter. Border to Coast Pensions Partnership Ltd grew its stake in shares of VICI Properties by 40.0% during the fourth quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company’s stock valued at $13,282,000 after purchasing an additional 130,000 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company’s stock valued at $393,847,000 after purchasing an additional 770,195 shares in the last quarter. Finally, Brookstone Capital Management bought a new position in VICI Properties in the 4th quarter worth approximately $359,000. 97.71% of the stock is owned by institutional investors.

VICI Properties Stock Up 0.7 %

NYSE VICI opened at $30.13 on Friday. The company has a market cap of $31.77 billion, a price-to-earnings ratio of 11.16, a PEG ratio of 3.80 and a beta of 0.95. VICI Properties Inc. has a 1-year low of $27.08 and a 1-year high of $34.29. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The company has a 50 day moving average of $29.88 and a 200-day moving average of $31.47.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.4325 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 annualized dividend and a yield of 5.74%. VICI Properties’s dividend payout ratio is currently 64.07%.

Wall Street Analyst Weigh In

VICI has been the topic of several research reports. JMP Securities reaffirmed a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a research note on Monday, January 27th. Barclays cut their target price on shares of VICI Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday. Truist Financial lowered their price target on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Wedbush cut shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Finally, Mizuho dropped their target price on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.22.

About VICI Properties

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.