VICI Properties Inc. (NYSE:VICI) Shares Acquired by QRG Capital Management Inc.

QRG Capital Management Inc. lifted its position in VICI Properties Inc. (NYSE:VICIFree Report) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,484 shares of the company’s stock after acquiring an additional 6,901 shares during the period. QRG Capital Management Inc.’s holdings in VICI Properties were worth $4,351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Handelsbanken Fonder AB raised its stake in shares of VICI Properties by 85.1% in the 4th quarter. Handelsbanken Fonder AB now owns 514,232 shares of the company’s stock valued at $16,394,000 after acquiring an additional 236,430 shares during the period. Pathstone Family Office LLC lifted its stake in VICI Properties by 286.6% during the third quarter. Pathstone Family Office LLC now owns 28,151 shares of the company’s stock worth $822,000 after purchasing an additional 20,869 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in shares of VICI Properties during the fourth quarter worth $1,996,000. International Assets Investment Management LLC grew its stake in shares of VICI Properties by 3,074.1% in the fourth quarter. International Assets Investment Management LLC now owns 181,844 shares of the company’s stock valued at $5,704,000 after buying an additional 176,115 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of VICI Properties by 1.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,146,772 shares of the company’s stock valued at $295,271,000 after buying an additional 183,369 shares during the period. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at VICI Properties

In other news, Director James R. Abrahamson acquired 3,000 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was acquired at an average cost of $28.85 per share, with a total value of $86,550.00. Following the completion of the acquisition, the director now owns 139,342 shares of the company’s stock, valued at $4,020,016.70. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.25% of the company’s stock.

VICI Properties Stock Up 0.4 %

VICI stock opened at $29.61 on Tuesday. The company’s 50 day moving average is $28.89 and its two-hundred day moving average is $29.67. VICI Properties Inc. has a twelve month low of $26.63 and a twelve month high of $33.40. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 0.65. The stock has a market cap of $30.88 billion, a P/E ratio of 11.70, a PEG ratio of 6.63 and a beta of 0.90.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were paid a $0.415 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $1.66 annualized dividend and a yield of 5.61%. VICI Properties’s dividend payout ratio is presently 65.61%.

Analysts Set New Price Targets

VICI has been the topic of a number of recent research reports. Wells Fargo & Company cut their price target on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 6th. Mizuho increased their target price on shares of VICI Properties from $31.00 to $32.00 and gave the stock a “buy” rating in a report on Friday. Finally, Morgan Stanley raised their price target on shares of VICI Properties from $32.00 to $33.00 and gave the company an “equal weight” rating in a research report on Monday, March 18th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $34.20.

Read Our Latest Research Report on VICI Properties

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.

See Also

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

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