Blair William & Co. IL boosted its holdings in shares of VICI Properties Inc. (NYSE:VICI – Get Rating) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 77,739 shares of the company’s stock after purchasing an additional 1,766 shares during the period. Blair William & Co. IL’s holdings in VICI Properties were worth $2,519,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VICI. Vanguard Group Inc. lifted its holdings in VICI Properties by 11.6% during the first quarter. Vanguard Group Inc. now owns 98,755,591 shares of the company’s stock worth $2,810,583,000 after acquiring an additional 10,248,110 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in VICI Properties by 223.1% during the second quarter. Goldman Sachs Group Inc. now owns 4,401,889 shares of the company’s stock worth $131,132,000 after acquiring an additional 3,039,359 shares in the last quarter. State Street Corp lifted its holdings in VICI Properties by 5.4% during the third quarter. State Street Corp now owns 54,549,018 shares of the company’s stock worth $1,648,501,000 after acquiring an additional 2,770,415 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of VICI Properties by 54.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 6,047,190 shares of the company’s stock valued at $180,509,000 after purchasing an additional 2,119,396 shares during the period. Finally, PGGM Investments acquired a new stake in shares of VICI Properties in the 3rd quarter valued at about $56,090,000.
Analysts Set New Price Targets
Several analysts have issued reports on VICI shares. Raymond James lifted their price target on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, April 6th. LADENBURG THALM/SH SH lifted their price target on VICI Properties from $34.50 to $37.00 in a research note on Monday, May 1st. Wolfe Research dropped their price target on VICI Properties from $46.00 to $37.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 22nd. Mizuho started coverage on VICI Properties in a research note on Wednesday, April 5th. They issued a “buy” rating and a $35.00 price target on the stock. Finally, JMP Securities reissued a “market outperform” rating and issued a $38.00 price target on shares of VICI Properties in a research note on Tuesday, March 21st. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and an average price target of $36.75.
VICI Properties Price Performance
VICI Properties Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 6th. Shareholders of record on Thursday, March 23rd were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 5.10%. The ex-dividend date was Wednesday, March 22nd. VICI Properties’s dividend payout ratio (DPR) is presently 109.09%.
VICI Properties Profile
VICI Properties, Inc is a real estate investment trust, which owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property.
Further Reading
- Get a free copy of the StockNews.com research report on VICI Properties (VICI)
- Toll Brothers Rises On Results, But The Roof Is In Place
- It’s Time To Try On VF Corporation’s 6% Yield
- PetCo Management Getting it Right? Earnings Beat Says Yes
- Axcelis Stock In Buy Range After Chart Breakout, Strong Guidance
- Kohl’s 10% Yield Comes Into High Fashion
Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc. (NYSE:VICI – Get Rating).
Receive News & Ratings for VICI Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VICI Properties and related companies with MarketBeat.com's FREE daily email newsletter.