VICI Properties Inc. (NYSE:VICI) Shares Purchased by MQS Management LLC

MQS Management LLC raised its holdings in VICI Properties Inc. (NYSE:VICI) by 52.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 17,992 shares of the company’s stock after acquiring an additional 6,168 shares during the period. MQS Management LLC’s holdings in VICI Properties were worth $515,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VICI. Montag A & Associates Inc. increased its stake in VICI Properties by 3.3% in the second quarter. Montag A & Associates Inc. now owns 12,297 shares of the company’s stock valued at $357,000 after purchasing an additional 389 shares during the last quarter. Bard Associates Inc. increased 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 acquiring an additional 395 shares during the last quarter. Courier Capital LLC lifted its holdings in shares of VICI Properties by 2.0% during the 1st quarter. Courier Capital LLC now owns 21,045 shares of the company’s stock worth $627,000 after acquiring an additional 417 shares during the period. Oppenheimer & Co. Inc. boosted its position 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 acquiring an additional 448 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in VICI Properties by 6.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 8,366 shares of the company’s stock valued at $267,000 after purchasing an additional 489 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of VICI stock opened at $32.82 on Friday. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.64. The company has a market cap of $34.36 billion, a PE ratio of 12.97, a P/E/G ratio of 5.35 and a beta of 0.94. The company’s fifty day simple moving average is $32.06 and its 200-day simple moving average is $29.89. VICI Properties Inc. has a 52 week low of $26.63 and a 52 week high of $34.29.

VICI Properties Increases Dividend

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

Analysts Set New Price Targets

VICI has been the topic of a number of research analyst reports. Morgan Stanley reiterated an “equal weight” rating and issued a $33.00 price target on shares of VICI Properties in a report on Friday, June 21st. Evercore ISI lifted their target price on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday. Two 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 company presently has an average rating of “Moderate Buy” and an average price target of $33.56.

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.