Mutual of America Capital Management LLC Has $3.76 Million Holdings in VICI Properties Inc. (NYSE:VICI)

Mutual of America Capital Management LLC trimmed its position in shares of VICI Properties Inc. (NYSE:VICI) by 3.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 131,400 shares of the company’s stock after selling 4,092 shares during the quarter. Mutual of America Capital Management LLC’s holdings in VICI Properties were worth $3,763,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Evercore ISI upped their target price on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $33.00 price objective on shares of VICI Properties in a research report on Friday, June 21st. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $33.56.

VICI Properties Stock Performance

NYSE VICI opened at $33.07 on Monday. The company has a market capitalization of $34.50 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 5.35 and a beta of 0.94. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.31 and a current ratio of 2.31. VICI Properties Inc. has a 52-week low of $26.63 and a 52-week high of $34.29. The company has a 50-day simple moving average of $32.13 and a 200 day simple moving average of $29.93.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th will be issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date is Wednesday, September 18th. This is a boost from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s payout ratio is 68.38%.

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.