Bard Associates Inc. Sells 1,265 Shares of VICI Properties Inc. (NYSE:VICI)

Bard Associates Inc. cut its position in shares of VICI Properties Inc. (NYSE:VICI) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,697 shares of the company’s stock after selling 1,265 shares during the period. Bard Associates Inc.’s holdings in VICI Properties were worth $2,621,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Intech Investment Management LLC lifted its holdings in shares of VICI Properties by 115.9% during the 1st quarter. Intech Investment Management LLC now owns 31,344 shares of the company’s stock worth $934,000 after acquiring an additional 16,824 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in VICI Properties by 14.0% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 484,628 shares of the company’s stock valued at $14,437,000 after purchasing an additional 59,613 shares in the last quarter. Handelsbanken Fonder AB raised its holdings in shares of VICI Properties by 8.8% in the 3rd quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company’s stock worth $19,781,000 after buying an additional 47,953 shares in the last quarter. Gordian Capital Singapore Pte Ltd bought a new position in shares of VICI Properties during the 2nd quarter worth approximately $557,000. Finally, Los Angeles Capital Management LLC boosted its stake in VICI Properties by 367.8% in the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company’s stock valued at $73,927,000 after buying an additional 1,744,939 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Stock Down 0.0 %

Shares of NYSE VICI opened at $31.30 on Friday. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The firm’s 50-day moving average is $32.62 and its 200-day moving average is $30.86. The firm has a market capitalization of $33.00 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 4.15 and a beta of 0.94.

VICI Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.53%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Wednesday, September 18th. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Analyst Upgrades and Downgrades

VICI has been the topic of several recent analyst reports. JMP Securities boosted their target price on shares of VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a research note on Friday, November 1st. Evercore ISI upped their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Mizuho cut their target price on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, Wells Fargo & Company restated an “overweight” rating and set a $36.00 price target (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.22.

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.