Sigma Planning Corp Boosts Holdings in VICI Properties Inc. (NYSE:VICI)

Sigma Planning Corp lifted its position in VICI Properties Inc. (NYSE:VICI) by 3.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 18,215 shares of the company’s stock after purchasing an additional 561 shares during the period. Sigma Planning Corp’s holdings in VICI Properties were worth $607,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Quarry LP boosted its holdings in VICI Properties by 780.5% in the second quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after acquiring an additional 999 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of VICI Properties by 254.4% during the 2nd quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock valued at $39,000 after buying an additional 982 shares in the last quarter. Carmichael Hill & Associates Inc. boosted its holdings in shares of VICI Properties by 363.2% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock valued at $40,000 after buying an additional 1,104 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of VICI Properties during the 2nd quarter valued at $43,000. Finally, Rothschild Investment LLC purchased a new position in shares of VICI Properties in the 2nd quarter worth about $47,000. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

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

VICI Properties Stock Down 0.0 %

Shares of VICI opened at $31.30 on Friday. The stock has a market capitalization of $32.99 billion, a price-to-earnings ratio of 11.59, a price-to-earnings-growth ratio of 4.14 and a beta of 0.94. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The business’s 50 day simple moving average is $32.62 and its 200-day simple moving average is $30.86. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were issued a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.53%. This is a boost 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 is 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.