Courier Capital LLC Acquires 998 Shares of VICI Properties Inc. (NYSE:VICI)

Courier Capital LLC increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 4.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 22,043 shares of the company’s stock after acquiring an additional 998 shares during the period. Courier Capital LLC’s holdings in VICI Properties were worth $631,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VICI. Fifth Third Bancorp grew its stake in VICI Properties by 4.0% in the 2nd quarter. Fifth Third Bancorp now owns 43,852 shares of the company’s stock worth $1,256,000 after acquiring an additional 1,695 shares in the last quarter. Commerzbank Aktiengesellschaft FI grew its stake in VICI Properties by 46.3% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 52,059 shares of the company’s stock worth $1,491,000 after purchasing an additional 16,486 shares in the last quarter. Pallas Capital Advisors LLC increased its holdings in VICI Properties by 13.4% during the 2nd quarter. Pallas Capital Advisors LLC now owns 53,536 shares of the company’s stock worth $1,639,000 after purchasing an additional 6,330 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in VICI Properties by 1.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 394,069 shares of the company’s stock valued at $11,286,000 after purchasing an additional 7,270 shares in the last quarter. Finally, Donald L. Hagan LLC purchased a new stake in shares of VICI Properties in the 2nd quarter worth $276,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Down 0.3 %

NYSE VICI traded down $0.10 on Thursday, hitting $32.17. The stock had a trading volume of 1,888,541 shares, compared to its average volume of 6,056,326. The business’s fifty day moving average price is $29.83 and its 200 day moving average price is $29.33. The stock has a market cap of $33.56 billion, a price-to-earnings ratio of 12.72, a price-to-earnings-growth ratio of 4.97 and a beta of 0.92. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.31 and a quick ratio of 2.31. VICI Properties Inc. has a 52-week low of $26.63 and a 52-week high of $32.68.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Investors 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 yield of 5.16%. VICI Properties’s dividend payout ratio (DPR) is 65.61%.

Analyst Ratings Changes

Several brokerages have recently commented on VICI. Morgan Stanley restated an “equal weight” rating and set a $33.00 price target on shares of VICI Properties in a research note on Friday, June 21st. Mizuho boosted their price target on shares of VICI Properties from $31.00 to $32.00 and gave the company a “buy” rating in a report on Friday, May 10th. Finally, Scotiabank upped 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 equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus 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.