VICI Properties Inc. (NYSE:VICI) Shares Purchased by First Trust Advisors LP

First Trust Advisors LP increased its position in shares of VICI Properties Inc. (NYSE:VICI – Get Rating) by 8.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 511,872 shares of the company’s stock after acquiring an additional 39,970 shares during the quarter. First Trust Advisors LP owned approximately 0.05% of VICI Properties worth $16,585,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of VICI. AdvisorNet Financial Inc lifted its position in VICI Properties by 69.7% in 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. TCI Wealth Advisors Inc. lifted its position in VICI Properties by 113.5% in the fourth quarter. TCI Wealth Advisors Inc. now owns 946 shares of the company’s stock valued at $31,000 after buying an additional 503 shares during the last quarter. Concord Wealth Partners acquired a new position in VICI Properties in the fourth quarter valued at about $39,000. Brown Brothers Harriman & Co. acquired a new position in VICI Properties in the first quarter valued at about $47,000. Finally, CVA Family Office LLC increased its stake in VICI Properties by 116.1% during the third quarter. CVA Family Office LLC now owns 1,871 shares of the company’s stock worth $56,000 after purchasing an additional 1,005 shares during the period.

VICI Properties Stock Up 0.0 %

VICI stock opened at $31.61 on Tuesday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.70. VICI Properties Inc. has a twelve month low of $27.75 and a twelve month high of $35.69. The company’s 50 day moving average is $32.23 and its two-hundred day moving average is $32.90. The stock has a market cap of $31.74 billion, a P/E ratio of 22.10, a PEG ratio of 2.29 and a beta of 0.94.

VICI Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 6th. Shareholders of record on Thursday, March 23rd were issued 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 payout ratio is currently 109.09%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Mizuho assumed coverage on shares of VICI Properties in a research note on Wednesday, April 5th. They set a “buy” rating and a $35.00 price target on the stock. LADENBURG THALM/SH SH boosted their price target on shares of VICI Properties from $34.50 to $37.00 in a research note on Monday, May 1st. Wolfe Research cut their price target on shares of VICI Properties from $46.00 to $37.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 22nd. JMP Securities reiterated a “market outperform” rating and set a $38.00 price target on shares of VICI Properties in a research note on Tuesday, March 21st. Finally, Raymond James upped their target price on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, April 6th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $36.75.

VICI Properties Company Profile

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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.