4,361 Shares in VICI Properties Inc. (NYSE:VICI) Purchased by Brooklyn Investment Group

Brooklyn Investment Group acquired a new position in VICI Properties Inc. (NYSE:VICI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,361 shares of the company’s stock, valued at approximately $145,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VICI. Quarry LP grew its stake in VICI Properties by 780.5% in the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock worth $32,000 after acquiring an additional 999 shares in the last quarter. UMB Bank n.a. grew its stake in VICI Properties by 254.4% in the 2nd quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock worth $39,000 after acquiring an additional 982 shares in the last quarter. Carmichael Hill & Associates Inc. grew its stake in VICI Properties by 363.2% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock worth $40,000 after acquiring an additional 1,104 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in VICI Properties in the 2nd quarter worth about $43,000. Finally, Rothschild Investment LLC bought a new position in VICI Properties in the 2nd quarter worth about $47,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on VICI. JMP Securities upped their target price on shares of VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a research note on Friday, November 1st. Evercore ISI boosted their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Mizuho dropped their target price on VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, November 14th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $36.00 price target (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.22.

VICI Properties Trading Up 0.7 %

Shares of NYSE:VICI opened at $32.60 on Thursday. The business’s 50-day moving average is $32.36 and its 200 day moving average is $31.07. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The firm has a market capitalization of $34.37 billion, a P/E ratio of 12.07, a P/E/G ratio of 4.31 and a beta of 0.94.

VICI Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were issued a dividend of $0.4325 per share. The ex-dividend date of this dividend was Wednesday, September 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.31%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio is 64.07%.

About VICI Properties

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.