VICI Properties Inc. (NYSE:VICI) Holdings Raised by National Pension Service

National Pension Service lifted its stake in VICI Properties Inc. (NYSE:VICI – Get Rating) by 15.8% in the third quarter, HoldingsChannel reports. The firm owned 1,275,609 shares of the company’s stock after purchasing an additional 174,031 shares during the period. National Pension Service’s holdings in VICI Properties were worth $37,490,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VICI. State Street Corp boosted its holdings in shares of VICI Properties by 116.8% in the second quarter. State Street Corp now owns 51,778,603 shares of the company’s stock worth $1,560,252,000 after buying an additional 27,894,859 shares during the period. Vanguard Group Inc. grew its position in 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 in the last quarter. Deutsche Bank AG raised its stake in VICI Properties by 1,006.2% during the 2nd quarter. Deutsche Bank AG now owns 8,969,566 shares of the company’s stock valued at $267,205,000 after purchasing an additional 8,158,744 shares during the period. Northern Trust Corp lifted its holdings in shares of VICI Properties by 118.9% in the second quarter. Northern Trust Corp now owns 10,544,193 shares of the company’s stock valued at $314,112,000 after purchasing an additional 5,726,233 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in shares of VICI Properties by 86.4% in the second quarter. Legal & General Group Plc now owns 11,769,279 shares of the company’s stock worth $350,608,000 after buying an additional 5,455,824 shares during the period.

VICI Properties Price Performance

NYSE VICI opened at $31.65 on Friday. VICI Properties Inc. has a fifty-two week low of $26.42 and a fifty-two week high of $35.69. The stock’s 50-day moving average is $33.56 and its two-hundred day moving average is $32.68. The firm has a market cap of $31.77 billion, a P/E ratio of 25.12, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 6th. Investors of record on Thursday, March 23rd will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date of this dividend is Wednesday, March 22nd. VICI Properties’s payout ratio is 123.81%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. KeyCorp increased their price objective on VICI Properties from $33.00 to $35.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 30th. Raymond James cut shares of VICI Properties from a “strong-buy” rating to an “outperform” rating and decreased their price target for the stock from $38.00 to $36.00 in a report on Monday, January 9th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of VICI Properties from $37.00 to $38.00 in a research note on Friday, December 2nd. Finally, Morgan Stanley lifted their target price on shares of VICI Properties from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Friday, December 16th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $36.77.

VICI Properties Company Profile

(Get Rating)

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.