Mutual of America Capital Management LLC Has $4.41 Million Holdings in VICI Properties Inc. (NYSE:VICI)

Mutual of America Capital Management LLC lessened its stake in shares of VICI Properties Inc. (NYSE:VICI) by 2.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 138,174 shares of the company’s stock after selling 3,414 shares during the period. Mutual of America Capital Management LLC’s holdings in VICI Properties were worth $4,405,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bell Investment Advisors Inc raised its holdings in VICI Properties by 77.7% during the 3rd quarter. Bell Investment Advisors Inc now owns 938 shares of the company’s stock worth $27,000 after buying an additional 410 shares during the period. Alaska Permanent Fund Corp grew its stake in VICI Properties by 87.4% during the 3rd quarter. Alaska Permanent Fund Corp now owns 999 shares of the company’s stock valued at $29,000 after acquiring an additional 466 shares in the last quarter. Blue Trust Inc. grew its stake in VICI Properties by 455.3% during the 4th quarter. Blue Trust Inc. now owns 1,144 shares of the company’s stock valued at $36,000 after acquiring an additional 938 shares in the last quarter. ING Groep NV purchased a new position in VICI Properties during the 3rd quarter valued at about $36,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in VICI Properties during the 3rd quarter valued at about $41,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Wells Fargo & Company lowered their target price on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 6th. Morgan Stanley lifted their target price on VICI Properties from $32.00 to $33.00 and gave the company an “equal weight” rating in a research note on Monday, March 18th. Finally, Mizuho lowered their target price on VICI Properties from $34.00 to $31.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.36.

VICI Properties Trading Down 1.3 %

Shares of NYSE VICI opened at $27.59 on Tuesday. The stock has a market cap of $28.78 billion, a price-to-earnings ratio of 11.13, a PEG ratio of 6.27 and a beta of 0.90. The business has a 50 day simple moving average of $29.30 and a 200 day simple moving average of $29.65. VICI Properties Inc. has a 52 week low of $26.63 and a 52 week high of $34.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 2.97.

VICI Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were given a dividend of $0.415 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.66 dividend on an annualized basis and a yield of 6.02%. VICI Properties’s payout ratio is currently 66.94%.

Insiders Place Their Bets

In related news, Director James R. Abrahamson bought 3,000 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was purchased at an average price of $28.85 per share, with a total value of $86,550.00. Following the completion of the transaction, the director now directly owns 139,342 shares of the company’s stock, valued at $4,020,016.70. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.25% of the company’s stock.

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.