Donoghue Forlines LLC Has $532,000 Position in VICI Properties Inc. (NYSE:VICI)

Donoghue Forlines LLC cut its position in VICI Properties Inc. (NYSE:VICI) by 7.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,864 shares of the company’s stock after selling 1,524 shares during the quarter. Donoghue Forlines LLC’s holdings in VICI Properties were worth $532,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. HBC Financial Services PLLC acquired a new stake in shares of VICI Properties during the 4th quarter worth approximately $31,000. Tucker Asset Management LLC boosted its holdings in shares of VICI Properties by 1,888.9% in the 4th quarter. Tucker Asset Management LLC now owns 1,074 shares of the company’s stock valued at $34,000 after purchasing an additional 1,020 shares in the last quarter. Blue Trust Inc. increased its stake in shares of VICI Properties by 455.3% in the 4th quarter. Blue Trust Inc. now owns 1,144 shares of the company’s stock valued at $36,000 after purchasing an additional 938 shares during the last quarter. Quarry LP raised its holdings in shares of VICI Properties by 143.1% during the 4th quarter. Quarry LP now owns 1,259 shares of the company’s stock worth $40,000 after buying an additional 741 shares in the last quarter. Finally, Planned Solutions Inc. bought a new stake in shares of VICI Properties during the 4th quarter worth $45,000. Institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

VICI has been the topic of a number of research analyst reports. Morgan Stanley restated an “equal weight” rating and issued a $33.00 target price on shares of VICI Properties in a research report on Friday, June 21st. Mizuho raised their price objective on VICI Properties from $31.00 to $32.00 and gave the company a “buy” rating in a report on Friday, May 10th. Finally, Scotiabank upped their target price on VICI Properties from $32.00 to $34.00 and gave the stock a “sector outperform” rating in a report on Thursday, May 16th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.44.

VICI Properties Stock Performance

Shares of NYSE VICI traded down $0.28 during trading on Tuesday, hitting $30.01. 1,189,849 shares of the company traded hands, compared to its average volume of 6,287,292. The business’s fifty day moving average is $28.67 and its 200 day moving average is $29.31. The firm has a market capitalization of $31.31 billion, a price-to-earnings ratio of 11.97, a P/E/G ratio of 2.61 and a beta of 0.92. VICI Properties Inc. has a fifty-two week low of $26.63 and a fifty-two week high of $33.40.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Tuesday, June 18th were paid a dividend of $0.415 per share. The ex-dividend date was Tuesday, June 18th. This represents a $1.66 dividend on an annualized basis and a yield of 5.53%. VICI Properties’s dividend payout ratio (DPR) is presently 65.61%.

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.