Czech National Bank Buys 15,246 Shares of VICI Properties Inc. (NYSE:VICI)

Czech National Bank grew its position in VICI Properties Inc. (NYSE:VICI) by 7.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 228,566 shares of the company’s stock after purchasing an additional 15,246 shares during the quarter. Czech National Bank’s holdings in VICI Properties were worth $6,676,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VICI. Quarry LP boosted its position in shares of VICI Properties by 780.5% in the second quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after acquiring an additional 999 shares during the period. Continuum Advisory LLC boosted its holdings in VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after purchasing an additional 374 shares during the period. UMB Bank n.a. increased its holdings in shares of VICI Properties by 37.4% during the third quarter. UMB Bank n.a. now owns 1,880 shares of the company’s stock worth $63,000 after purchasing an additional 512 shares during the period. Brown Brothers Harriman & Co. raised its position in shares of VICI Properties by 512.6% in the third quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company’s stock valued at $65,000 after buying an additional 1,630 shares in the last quarter. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of VICI Properties in the third quarter valued at approximately $67,000. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on VICI shares. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Truist Financial reduced their price target on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday. JMP Securities restated a “market outperform” rating and set a $35.00 target price on shares of VICI Properties in a research note on Wednesday, December 11th. Wells Fargo & Company reissued an “overweight” rating and set a $36.00 price target (up previously from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Finally, Mizuho decreased their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.33.

VICI Properties Stock Up 0.9 %

Shares of NYSE VICI opened at $28.99 on Wednesday. The company has a 50 day simple moving average of $30.67 and a 200 day simple moving average of $31.41. The firm has a market cap of $30.56 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 4.12 and a beta of 0.94. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a yield of 5.97%. The ex-dividend date was Tuesday, December 17th. VICI Properties’s payout ratio is presently 64.07%.

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.