3,180 Shares in VICI Properties Inc. (NYSE:VICI) Acquired by Register Financial Advisors LLC

Register Financial Advisors LLC bought a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,180 shares of the company’s stock, valued at approximately $95,000.

Several other institutional investors have also recently added to or reduced their stakes in VICI. Mariner LLC increased its position in VICI Properties by 8.2% during the third quarter. Mariner LLC now owns 87,560 shares of the company’s stock worth $2,548,000 after buying an additional 6,664 shares during the period. Cary Street Partners Investment Advisory LLC increased its position in VICI Properties by 132.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,841 shares of the company’s stock worth $83,000 after buying an additional 1,620 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in shares of VICI Properties by 1.0% in the third quarter. O Shaughnessy Asset Management LLC now owns 71,418 shares of the company’s stock valued at $2,078,000 after purchasing an additional 719 shares during the period. Vinva Investment Management Ltd increased its holdings in shares of VICI Properties by 14.9% in the third quarter. Vinva Investment Management Ltd now owns 26,560 shares of the company’s stock valued at $783,000 after purchasing an additional 3,436 shares during the period. Finally, Treasurer of the State of North Carolina increased its holdings in shares of VICI Properties by 0.4% in the third quarter. Treasurer of the State of North Carolina now owns 468,047 shares of the company’s stock valued at $13,620,000 after purchasing an additional 1,872 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

VICI stock traded up $0.21 on Friday, reaching $28.64. 9,593,857 shares of the company’s stock were exchanged, compared to its average volume of 6,287,763. The stock has a fifty day moving average of $28.73 and a 200-day moving average of $29.60. VICI Properties Inc. has a twelve month low of $26.63 and a twelve month high of $33.40. The firm has a market cap of $29.88 billion, a PE ratio of 11.23, a P/E/G ratio of 2.29 and a beta of 0.91. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Tuesday, June 18th will be given a dividend of $0.415 per share. The ex-dividend date of this dividend is Tuesday, June 18th. This represents a $1.66 dividend on an annualized basis and a yield of 5.80%. VICI Properties’s payout ratio is 65.61%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VICI. Scotiabank boosted their target price on VICI Properties from $32.00 to $34.00 and gave the company a “sector outperform” rating in a report on Thursday, May 16th. Mizuho boosted their target price on VICI Properties from $31.00 to $32.00 and gave the company a “buy” rating in a report on Friday, May 10th. Morgan Stanley reissued an “equal weight” rating and issued a $33.00 target price on shares of VICI Properties in a report on Friday, June 21st. Finally, Wells Fargo & Company dropped their target price on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday, March 6th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.50.

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.