VICI Properties Inc. (NYSE:VICI) Shares Sold by Lasalle Investment Management Securities LLC

Lasalle Investment Management Securities LLC decreased its position in shares of VICI Properties Inc. (NYSE:VICI) by 1.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,950,235 shares of the company’s stock after selling 48,219 shares during the period. VICI Properties accounts for 3.6% of Lasalle Investment Management Securities LLC’s investment portfolio, making the stock its 9th biggest holding. Lasalle Investment Management Securities LLC’s holdings in VICI Properties were worth $87,888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Sheaff Brock Investment Advisors LLC lifted its position in VICI Properties by 0.8% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 44,565 shares of the company’s stock worth $1,421,000 after acquiring an additional 355 shares during the last quarter. Bard Associates Inc. increased its holdings 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 worth $2,570,000 after purchasing an additional 395 shares during the period. Schnieders Capital Management LLC increased its holdings in shares of VICI Properties by 0.8% during the 4th quarter. Schnieders Capital Management LLC now owns 51,843 shares of the company’s stock worth $1,653,000 after purchasing an additional 406 shares during the period. Courier Capital LLC increased 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 purchasing an additional 417 shares during the period. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of VICI Properties by 0.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 52,494 shares of the company’s stock worth $1,674,000 after purchasing an additional 448 shares during the period. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of NYSE VICI traded up $0.16 during mid-day trading on Friday, hitting $31.50. 6,122,692 shares of the stock were exchanged, compared to its average volume of 6,118,497. The company has a market cap of $32.99 billion, a P/E ratio of 12.45, a PEG ratio of 2.77 and a beta of 0.92. The stock’s fifty day simple moving average is $29.00 and its two-hundred day simple moving average is $29.25. VICI Properties Inc. has a twelve month low of $26.63 and a twelve month high of $32.68.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Tuesday, June 18th were paid a dividend of $0.415 per share. The ex-dividend date of this dividend was Tuesday, June 18th. This represents a $1.66 annualized dividend and a dividend yield of 5.27%. VICI Properties’s dividend payout ratio (DPR) is currently 65.61%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on VICI shares. Morgan Stanley restated an “equal weight” rating and set a $33.00 price objective on shares of VICI Properties in a report on Friday, June 21st. Mizuho increased their price target on shares of VICI Properties from $31.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, May 10th. Finally, Scotiabank increased their price target on shares of VICI Properties from $32.00 to $34.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 16th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $33.44.

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.