VICI Properties Inc. (NYSE:VICI) Stake Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in VICI Properties Inc. (NYSE:VICI) by 87.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,298 shares of the company’s stock after purchasing an additional 17,825 shares during the quarter. Quantinno Capital Management LP’s holdings in VICI Properties were worth $1,276,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Carmel Capital Partners LLC lifted its holdings in shares of VICI Properties by 1.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company’s stock valued at $1,177,000 after buying an additional 367 shares during the last quarter. Montag A & Associates Inc. lifted its holdings in VICI Properties by 3.3% in 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 during the last quarter. MAS Advisors LLC lifted its holdings in VICI Properties by 2.8% in the 2nd quarter. MAS Advisors LLC now owns 14,745 shares of the company’s stock worth $422,000 after purchasing an additional 398 shares during the last quarter. Insight Folios Inc lifted its holdings in VICI Properties by 2.5% in the 3rd quarter. Insight Folios Inc now owns 18,035 shares of the company’s stock worth $601,000 after purchasing an additional 433 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in VICI Properties by 23.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 2,350 shares of the company’s stock worth $78,000 after purchasing an additional 442 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of NYSE:VICI opened at $31.09 on Friday. The business’s fifty day moving average price is $32.09 and its two-hundred day moving average price is $31.22. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The stock has a market capitalization of $32.77 billion, a price-to-earnings ratio of 11.51, a price-to-earnings-growth ratio of 4.19 and a beta of 0.93. 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 declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th will be given a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.56%. The ex-dividend date is Tuesday, December 17th. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VICI. Wells Fargo & Company restated an “overweight” rating and issued a $36.00 target price (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Evercore ISI boosted their price objective on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. JMP Securities restated a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research report on Wednesday. Finally, Mizuho lowered their price objective on VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, November 14th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $34.00.

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.