Quent Capital LLC Has $64,000 Position in VICI Properties Inc. (NYSE:VICI)

Quent Capital LLC boosted its position in shares of VICI Properties Inc. (NYSE:VICI) by 27.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,194 shares of the company’s stock after buying an additional 468 shares during the quarter. Quent Capital LLC’s holdings in VICI Properties were worth $64,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of VICI. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of VICI Properties by 340.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,200 shares of the company’s stock valued at $74,000 after acquiring an additional 1,700 shares during the period. Creative Planning lifted its position in VICI Properties by 4.2% during the 3rd quarter. Creative Planning now owns 74,125 shares of the company’s stock valued at $2,469,000 after purchasing an additional 2,971 shares during the period. Presima Securities ULC lifted its position in VICI Properties by 24.3% during the 3rd quarter. Presima Securities ULC now owns 90,423 shares of the company’s stock valued at $3,012,000 after purchasing an additional 17,671 shares during the period. Naviter Wealth LLC grew its position in shares of VICI Properties by 5.1% during the 3rd quarter. Naviter Wealth LLC now owns 73,974 shares of the company’s stock worth $2,496,000 after buying an additional 3,619 shares during the period. Finally, Teamwork Financial Advisors LLC raised its stake in shares of VICI Properties by 38.7% during the third quarter. Teamwork Financial Advisors LLC now owns 21,992 shares of the company’s stock worth $733,000 after buying an additional 6,136 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on VICI shares. Wedbush lowered shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. JMP Securities reaffirmed a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Barclays cut their target price on VICI Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Mizuho decreased their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Finally, Truist Financial cut their price target on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $34.22.

VICI Properties Stock Performance

Shares of VICI stock opened at $30.45 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29. The company’s 50 day moving average price is $29.69 and its two-hundred day moving average price is $31.46. The company has a market capitalization of $32.10 billion, a P/E ratio of 11.28, a price-to-earnings-growth ratio of 3.80 and a beta of 0.95.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were given a $0.4325 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 annualized dividend and a yield of 5.68%. VICI Properties’s dividend 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.