Annis Gardner Whiting Capital Advisors LLC Invests $41,000 in VICI Properties Inc. (NYSE:VICI)

Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of VICI Properties Inc. (NYSE:VICIFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,395 shares of the company’s stock, valued at approximately $41,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of VICI Properties by 11.6% during the 1st quarter. Vanguard Group Inc. now owns 98,755,591 shares of the company’s stock worth $2,810,583,000 after purchasing an additional 10,248,110 shares during the period. State Street Corp raised its holdings in shares of VICI Properties by 0.8% during the 2nd quarter. State Street Corp now owns 57,001,194 shares of the company’s stock valued at $1,813,287,000 after buying an additional 428,141 shares during the period. Geode Capital Management LLC lifted its position in VICI Properties by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 23,360,109 shares of the company’s stock worth $732,457,000 after acquiring an additional 383,925 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in VICI Properties by 4.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 17,447,853 shares of the company’s stock worth $548,386,000 after acquiring an additional 807,052 shares during the period. Finally, Legal & General Group Plc grew its position in VICI Properties by 6.9% in the fourth quarter. Legal & General Group Plc now owns 11,882,279 shares of the company’s stock valued at $384,986,000 after acquiring an additional 764,836 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on VICI. JMP Securities cut their price objective on shares of VICI Properties from $38.00 to $34.00 and set a “market outperform” rating on the stock in a report on Monday, October 16th. Wedbush reissued a “neutral” rating and issued a $30.00 price target on shares of VICI Properties in a report on Thursday, December 14th. KeyCorp lowered their price objective on VICI Properties from $36.00 to $34.00 and set an “overweight” rating for the company in a research note on Wednesday, December 13th. The Goldman Sachs Group assumed coverage on VICI Properties in a research note on Friday, December 8th. They set a “buy” rating and a $36.00 price objective on the stock. Finally, Mizuho increased their price objective on shares of VICI Properties from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, January 10th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, VICI Properties has a consensus rating of “Moderate Buy” and a consensus price target of $35.15.

Get Our Latest Stock Analysis on VICI

VICI Properties Stock Up 0.2 %

Shares of NYSE VICI opened at $29.72 on Friday. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $30.74 billion, a PE ratio of 12.43, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. The firm’s 50-day moving average is $30.99 and its 200-day moving average is $30.17. VICI Properties Inc. has a 1 year low of $26.63 and a 1 year high of $34.63.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Thursday, December 21st were given a $0.415 dividend. The ex-dividend date was Wednesday, December 20th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.59%. VICI Properties’s dividend payout ratio is 69.46%.

About VICI Properties

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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