Nomura Asset Management Co. Ltd. increased its position in VICI Properties Inc. (NYSE:VICI – Free Report) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,988,591 shares of the company’s stock after purchasing an additional 79,409 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.19% of VICI Properties worth $55,919,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Aptus Capital Advisors LLC grew its stake in VICI Properties by 5.2% in the third quarter. Aptus Capital Advisors LLC now owns 6,623 shares of the company’s stock worth $216,000 after purchasing an additional 329 shares in the last quarter. Arete Wealth Advisors LLC grew its stake in VICI Properties by 3.8% in the third quarter. Arete Wealth Advisors LLC now owns 9,110 shares of the company’s stock worth $296,000 after purchasing an additional 334 shares in the last quarter. Choreo LLC grew its stake in VICI Properties by 1.8% in the third quarter. Choreo LLC now owns 20,051 shares of the company’s stock worth $664,000 after purchasing an additional 355 shares in the last quarter. Provident Investment Management Inc. grew its stake in VICI Properties by 1.5% in the third quarter. Provident Investment Management Inc. now owns 25,760 shares of the company’s stock worth $840,000 after purchasing an additional 375 shares in the last quarter. Finally, Hurley Capital LLC grew its stake in VICI Properties by 5.9% in the third quarter. Hurley Capital LLC now owns 6,927 shares of the company’s stock worth $226,000 after purchasing an additional 388 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.
VICI Properties Stock Up 0.0%
Shares of NYSE VICI opened at $28.23 on Monday. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $30.17 billion, a PE ratio of 9.67 and a beta of 0.65. The stock’s fifty day simple moving average is $28.13 and its two-hundred day simple moving average is $28.54. VICI Properties Inc. has a 12-month low of $26.55 and a 12-month high of $34.01.
VICI Properties Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Thursday, March 19th. VICI Properties’s dividend payout ratio (DPR) is 61.64%.
Analyst Ratings Changes
Several brokerages recently issued reports on VICI. Mizuho reissued a “neutral” rating and issued a $30.00 price objective on shares of VICI Properties in a research note on Wednesday, March 11th. Robert W. Baird dropped their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a research note on Friday, March 27th. Scotiabank increased their price objective on VICI Properties from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a research note on Monday, May 4th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and an average price target of $33.38.
Read Our Latest Research Report on VICI Properties
VICI Properties Profile
VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.
The company’s portfolio is concentrated in major U.S.
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