VICI Properties Inc. (NYSE:VICI) Shares Bought by Heartland Bank & Trust Co

Heartland Bank & Trust Co grew its holdings in VICI Properties Inc. (NYSE:VICI) by 4.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,323 shares of the company’s stock after purchasing an additional 521 shares during the period. Heartland Bank & Trust Co’s holdings in VICI Properties were worth $353,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its position in VICI Properties by 4.6% in the first quarter. Vanguard Group Inc. now owns 153,674,848 shares of the company’s stock valued at $4,577,974,000 after purchasing an additional 6,755,553 shares during the period. Capital International Investors raised its holdings in shares of VICI Properties by 7.5% in the 1st quarter. Capital International Investors now owns 67,600,000 shares of the company’s stock valued at $2,013,804,000 after buying an additional 4,728,903 shares during the period. Capital Research Global Investors lifted its stake in VICI Properties by 8.7% during the 1st quarter. Capital Research Global Investors now owns 37,528,622 shares of the company’s stock worth $1,117,978,000 after acquiring an additional 3,001,793 shares in the last quarter. Cohen & Steers Inc. boosted its holdings in VICI Properties by 132.0% during the 4th quarter. Cohen & Steers Inc. now owns 34,784,906 shares of the company’s stock valued at $1,108,993,000 after acquiring an additional 19,788,229 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in VICI Properties by 1.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 14,632,629 shares of the company’s stock valued at $419,073,000 after acquiring an additional 201,899 shares in the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VICI has been the subject of several recent research reports. Evercore ISI raised their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Morgan Stanley reissued an “equal weight” rating and issued a $33.00 price target on shares of VICI Properties in a research report on Friday, June 21st. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $33.56.

VICI Properties Stock Up 0.6 %

Shares of NYSE:VICI opened at $33.31 on Tuesday. 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 Inc. has a fifty-two week low of $26.63 and a fifty-two week high of $34.29. The stock has a market cap of $34.75 billion, a price-to-earnings ratio of 13.17, a price-to-earnings-growth ratio of 5.20 and a beta of 0.94. The firm’s 50 day moving average price is $32.45 and its 200 day moving average price is $30.09.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th will be given 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 5.19%. The ex-dividend date of this dividend is Wednesday, September 18th. VICI Properties’s payout ratio is 68.38%.

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.