Point72 Asia Singapore Pte. Ltd. Takes Position in VICI Properties Inc. (NYSE:VICI)

Point72 Asia Singapore Pte. Ltd. acquired a new stake in VICI Properties Inc. (NYSE:VICI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,097 shares of the company’s stock, valued at approximately $103,000.

Other large investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its position in VICI Properties by 8.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company’s stock valued at $18,268,000 after acquiring an additional 40,733 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company’s stock valued at $393,847,000 after purchasing an additional 770,195 shares during the period. Handelsbanken Fonder AB raised its position in VICI Properties by 8.8% during the 3rd quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company’s stock worth $19,781,000 after purchasing an additional 47,953 shares during the last quarter. Gordian Capital Singapore Pte Ltd acquired a new position in VICI Properties during the 2nd quarter worth about $557,000. Finally, Los Angeles Capital Management LLC grew its position in shares of VICI Properties by 367.8% in the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company’s stock valued at $73,927,000 after buying an additional 1,744,939 shares during the last quarter. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Down 0.4 %

NYSE:VICI opened at $31.64 on Friday. The firm has a fifty day simple moving average of $32.23 and a two-hundred day simple moving average of $31.15. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The stock has a market capitalization of $33.35 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 4.19 and a beta of 0.93. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Tuesday, December 17th will be given a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.47%. VICI Properties’s payout ratio is 64.07%.

Wall Street Analysts Forecast Growth

VICI has been the subject of a number of analyst reports. Evercore ISI raised their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Wells Fargo & Company restated an “overweight” rating and set a $36.00 price target (up previously from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Mizuho decreased their price objective on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a research report on Thursday, November 14th. Finally, JMP Securities boosted their target price on shares of VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, VICI Properties presently has an average rating of “Moderate Buy” and an average target price of $34.22.

VICI Properties 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.