Pacer Advisors Inc. Has $5.70 Million Holdings in VICI Properties Inc. (NYSE:VICI)

Pacer Advisors Inc. lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 180.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 178,668 shares of the company’s stock after purchasing an additional 114,943 shares during the quarter. Pacer Advisors Inc.’s holdings in VICI Properties were worth $5,696,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Pathstone Family Office LLC boosted its stake in VICI Properties by 286.6% in the 3rd quarter. Pathstone Family Office LLC now owns 28,151 shares of the company’s stock valued at $822,000 after buying an additional 20,869 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in 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 in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in VICI Properties by 16.3% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 203,768 shares of the company’s stock valued at $5,930,000 after purchasing an additional 28,626 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in VICI Properties by 58.0% in the third quarter. Teacher Retirement System of Texas now owns 755,309 shares of the company’s stock worth $21,979,000 after purchasing an additional 277,143 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in VICI Properties by 53.3% in the third quarter. Sei Investments Co. now owns 2,181,747 shares of the company’s stock worth $63,489,000 after purchasing an additional 758,455 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Up 0.1 %

Shares of NYSE:VICI opened at $29.79 on Friday. VICI Properties Inc. has a 12-month low of $26.63 and a 12-month high of $34.05. The stock has a market cap of $31.08 billion, a PE ratio of 12.01, a P/E/G ratio of 6.42 and a beta of 0.90. The business has a 50 day moving average of $29.65 and a 200-day moving average of $29.79. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.65.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st will be issued a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.57%. The ex-dividend date is Wednesday, March 20th. VICI Properties’s dividend payout ratio is presently 66.94%.

Analyst Ratings Changes

A number of equities analysts have commented on VICI shares. Morgan Stanley boosted their price objective on VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Monday, March 18th. Wells Fargo & Company cut their price target on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 6th. The Goldman Sachs Group started coverage on VICI Properties in a research note on Friday, December 8th. They set a “buy” rating and a $36.00 price target on the stock. Mizuho cut their price target on VICI Properties from $34.00 to $31.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Finally, KeyCorp cut their price target on VICI Properties from $36.00 to $34.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 13th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.58.

Insider Transactions at VICI Properties

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

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.