Mitsubishi UFJ Trust & Banking Corp Purchases 14,755 Shares of VICI Properties Inc. (NYSE:VICI)

Mitsubishi UFJ Trust & Banking Corp lifted its position in VICI Properties Inc. (NYSE:VICI – Get Rating) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,099,437 shares of the company’s stock after purchasing an additional 14,755 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in VICI Properties were worth $35,622,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Kentucky Retirement Systems increased its stake in VICI Properties by 0.4% in the fourth quarter. Kentucky Retirement Systems now owns 75,720 shares of the company’s stock valued at $2,453,000 after acquiring an additional 331 shares during the last quarter. Quadrant Capital Group LLC increased its stake in VICI Properties by 5.8% in the third quarter. Quadrant Capital Group LLC now owns 6,753 shares of the company’s stock valued at $202,000 after acquiring an additional 368 shares during the last quarter. Signet Financial Management LLC increased its stake in VICI Properties by 0.5% in the third quarter. Signet Financial Management LLC now owns 74,913 shares of the company’s stock valued at $2,236,000 after acquiring an additional 377 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of VICI Properties by 69.7% during the fourth quarter. AdvisorNet Financial Inc now owns 942 shares of the company’s stock valued at $31,000 after buying an additional 387 shares during the last quarter. Finally, Beech Hill Advisors Inc. grew its stake in shares of VICI Properties by 0.4% during the fourth quarter. Beech Hill Advisors Inc. now owns 101,897 shares of the company’s stock valued at $3,301,000 after buying an additional 399 shares during the last quarter.

VICI Properties Price Performance

Shares of VICI opened at $31.60 on Monday. The firm has a market cap of $31.73 billion, a PE ratio of 22.10, a P/E/G ratio of 2.29 and a beta of 0.94. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.70. The firm has a fifty day simple moving average of $32.24 and a two-hundred day simple moving average of $32.90. VICI Properties Inc. has a 1-year low of $27.75 and a 1-year high of $35.69.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 6th. Shareholders of record on Thursday, March 23rd were paid a dividend of $0.39 per share. The ex-dividend date was Wednesday, March 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 4.94%. VICI Properties’s dividend payout ratio is presently 109.09%.

Wall Street Analyst Weigh In

VICI has been the topic of a number of recent research reports. JMP Securities reaffirmed a “market outperform” rating and set a $38.00 price objective on shares of VICI Properties in a research note on Tuesday, March 21st. Wolfe Research cut their price objective on VICI Properties from $46.00 to $37.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 22nd. Mizuho started coverage on VICI Properties in a research report on Wednesday, April 5th. They set a “buy” rating and a $35.00 price objective on the stock. Raymond James lifted their price objective on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Thursday, April 6th. Finally, LADENBURG THALM/SH SH lifted their price objective on VICI Properties from $34.50 to $37.00 in a research report on Monday, May 1st. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $36.75.

About VICI Properties

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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.