DekaBank Deutsche Girozentrale Purchases 38,469 Shares of VICI Properties Inc. (NYSE:VICI)

DekaBank Deutsche Girozentrale boosted its holdings in VICI Properties Inc. (NYSE:VICI) by 6.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 662,378 shares of the company’s stock after acquiring an additional 38,469 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.06% of VICI Properties worth $19,497,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VICI. Pathway Financial Advisers LLC purchased a new position in shares of VICI Properties during the first quarter valued at approximately $2,397,000. Boston Partners lifted its holdings in shares of VICI Properties by 35.8% during the 1st quarter. Boston Partners now owns 8,631,164 shares of the company’s stock valued at $257,094,000 after buying an additional 2,275,381 shares during the period. Cetera Advisors LLC lifted its holdings in shares of VICI Properties by 47.9% during the 1st quarter. Cetera Advisors LLC now owns 32,372 shares of the company’s stock valued at $964,000 after buying an additional 10,485 shares during the period. Cetera Investment Advisers grew its holdings in shares of VICI Properties by 359.6% in the first quarter. Cetera Investment Advisers now owns 93,455 shares of the company’s stock worth $2,784,000 after acquiring an additional 73,123 shares during the period. Finally, Community Trust & Investment Co. increased its position in VICI Properties by 15.7% during the first quarter. Community Trust & Investment Co. now owns 99,912 shares of the company’s stock valued at $2,976,000 after acquiring an additional 13,529 shares during the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Trading Up 0.5 %

VICI Properties stock traded up $0.16 during mid-day trading on Friday, hitting $31.50. The stock had a trading volume of 6,122,692 shares, compared to its average volume of 6,118,497. The firm’s 50 day moving average is $29.00 and its 200 day moving average is $29.25. The firm has a market capitalization of $32.99 billion, a P/E ratio of 12.45, a P/E/G ratio of 2.77 and a beta of 0.92. VICI Properties Inc. has a one year low of $26.63 and a one year high of $32.68.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Tuesday, June 18th were given a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a dividend yield of 5.27%. The ex-dividend date was Tuesday, June 18th. VICI Properties’s dividend payout ratio is currently 65.61%.

Analysts Set New Price Targets

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

About VICI Properties

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.