Systematic Financial Management LP Buys 4,520 Shares of VICI Properties Inc. (NYSE:VICI)

Systematic Financial Management LP raised its position in shares of VICI Properties Inc. (NYSE:VICI) by 49.8% during the third quarter, HoldingsChannel reports. The fund owned 13,605 shares of the company’s stock after acquiring an additional 4,520 shares during the quarter. Systematic Financial Management LP’s holdings in VICI Properties were worth $453,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VICI. Quarry LP grew its holdings in 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. UMB Bank n.a. raised its holdings in shares of VICI Properties by 254.4% in the second quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock worth $39,000 after buying an additional 982 shares during the period. Carmichael Hill & Associates Inc. raised its holdings in shares of VICI Properties by 363.2% in the second quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock worth $40,000 after buying an additional 1,104 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of VICI Properties during the 2nd quarter worth approximately $43,000. Finally, Rothschild Investment LLC purchased a new position in VICI Properties during the 2nd quarter valued at $47,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on VICI. Wells Fargo & Company reiterated an “overweight” rating and set a $36.00 target price (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Evercore ISI lifted their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, September 16th. JMP Securities upped their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a research note on Friday, November 1st. Finally, Mizuho decreased their price target 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, November 14th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, VICI Properties currently has a consensus rating of “Moderate Buy” and an average target price of $34.22.

VICI Properties Stock Down 0.0 %

Shares of NYSE VICI opened at $31.64 on Friday. VICI Properties Inc. has a 12-month low of $27.08 and a 12-month high of $34.29. The stock’s fifty day simple moving average is $32.21 and its two-hundred day simple moving average is $31.16. The stock has a market capitalization of $33.35 billion, a PE ratio of 11.72, a price-to-earnings-growth ratio of 4.21 and a beta of 0.93. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Tuesday, December 17th will be given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date of this dividend is Tuesday, December 17th. VICI Properties’s payout ratio is currently 64.07%.

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.