5,715 Shares in VICI Properties Inc. (NYSE:VICI) Acquired by Ulland Investment Advisors LLC

Ulland Investment Advisors LLC bought a new position in VICI Properties Inc. (NYSE:VICI) in the fourth quarter, HoldingsChannel.com reports. The fund bought 5,715 shares of the company’s stock, valued at approximately $167,000.

A number of other hedge funds have also added to or reduced their stakes in VICI. Quarry LP increased its position in shares of VICI Properties by 780.5% during the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after purchasing an additional 999 shares during the last quarter. Continuum Advisory LLC increased its holdings in VICI Properties by 30.5% during the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after buying an additional 374 shares during the last quarter. UMB Bank n.a. raised its position in VICI Properties by 37.4% in the third quarter. UMB Bank n.a. now owns 1,880 shares of the company’s stock worth $63,000 after acquiring an additional 512 shares during the period. Brown Brothers Harriman & Co. boosted its stake in shares of VICI Properties by 512.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company’s stock worth $65,000 after acquiring an additional 1,630 shares during the last quarter. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of VICI Properties during the 3rd quarter valued at $67,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VICI has been the topic of a number of recent research reports. Wedbush cut VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Barclays initiated coverage on VICI Properties in a research note on Friday, January 10th. They issued an “overweight” rating and a $36.00 price objective on the stock. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. JMP Securities reissued a “market outperform” rating and issued a $35.00 target price on shares of VICI Properties in a report on Wednesday, December 11th. Finally, Wells Fargo & Company reaffirmed 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. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $34.33.

VICI Properties Trading Up 0.3 %

VICI Properties stock opened at $29.36 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The firm’s 50 day moving average price is $30.45 and its 200-day moving average price is $31.45. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The stock has a market cap of $30.95 billion, a P/E ratio of 10.87, a PEG ratio of 3.75 and a beta of 0.94.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a yield of 5.89%. The ex-dividend date of this dividend was Tuesday, December 17th. VICI Properties’s payout ratio is currently 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.