MAS Advisors LLC Raises Holdings in VICI Properties Inc. (NYSE:VICI)

MAS Advisors LLC lifted its stake in VICI Properties Inc. (NYSE:VICI) by 2.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,745 shares of the company’s stock after purchasing an additional 398 shares during the quarter. MAS Advisors LLC’s holdings in VICI Properties were worth $422,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Montag A & Associates Inc. lifted its holdings in shares of VICI Properties by 3.3% during the second quarter. Montag A & Associates Inc. now owns 12,297 shares of the company’s stock worth $357,000 after purchasing an additional 389 shares during the period. Bard Associates Inc. raised its stake in shares of VICI Properties by 0.5% during the 4th quarter. Bard Associates Inc. now owns 79,612 shares of the company’s stock valued at $2,570,000 after buying an additional 395 shares during the last quarter. Courier Capital LLC lifted its holdings in shares of VICI Properties by 2.0% in the 1st quarter. Courier Capital LLC now owns 21,045 shares of the company’s stock valued at $627,000 after buying an additional 417 shares during the period. Oppenheimer & Co. Inc. boosted its stake in shares of VICI Properties by 0.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 52,494 shares of the company’s stock worth $1,674,000 after buying an additional 448 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in VICI Properties by 6.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 8,366 shares of the company’s stock worth $267,000 after acquiring an additional 489 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of NYSE VICI opened at $32.82 on Friday. The stock has a market capitalization of $34.36 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 5.35 and a beta of 0.94. VICI Properties Inc. has a 52 week low of $26.63 and a 52 week high of $34.29. The firm has a 50-day simple moving average of $32.06 and a 200-day simple moving average of $29.89. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.64.

VICI Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th will be issued a dividend of $0.4325 per share. This is a boost from VICI Properties’s previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a dividend yield of 5.27%. The ex-dividend date is Wednesday, September 18th. VICI Properties’s payout ratio is currently 65.61%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on VICI shares. Morgan Stanley reissued an “equal weight” rating and set a $33.00 price target on shares of VICI Properties in a report on Friday, June 21st. Evercore ISI raised their price objective on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $33.56.

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.