Nilsine Partners LLC Has $312,000 Position in VICI Properties Inc. (NYSE:VICI)

Nilsine Partners LLC grew its position in VICI Properties Inc. (NYSE:VICI) by 5.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,888 shares of the company’s stock after purchasing an additional 587 shares during the period. Nilsine Partners LLC’s holdings in VICI Properties were worth $312,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VICI. Tucker Asset Management LLC grew its position 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 during the period. Quarry LP boosted its holdings in shares of VICI Properties by 143.1% in the fourth quarter. Quarry LP now owns 1,259 shares of the company’s stock valued at $40,000 after buying an additional 741 shares during the period. UMB Bank n.a. increased its position in shares of VICI Properties by 254.4% during the second quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock worth $39,000 after acquiring an additional 982 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of VICI Properties during the second quarter worth $43,000. Finally, Rothschild Investment LLC bought a new stake in VICI Properties in the 2nd quarter valued at $47,000. 97.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on VICI. Evercore ISI increased their target price on VICI Properties from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Wednesday. Mizuho lifted their target price on VICI Properties from $31.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, May 10th. Morgan Stanley reaffirmed an “equal weight” rating and set a $33.00 price target on shares of VICI Properties in a research report on Friday, June 21st. Finally, Scotiabank lifted their price objective on shares of VICI Properties from $32.00 to $34.00 and gave the company a “sector outperform” rating in a report on Thursday, May 16th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $33.44.

VICI Properties Stock Up 1.3 %

Shares of VICI Properties stock traded up $0.42 on Friday, reaching $33.48. 5,545,702 shares of the company were exchanged, compared to its average volume of 4,264,621. VICI Properties Inc. has a one year low of $26.63 and a one year high of $33.51. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.64. The company has a 50-day moving average of $30.51 and a 200 day moving average of $29.50. The company has a market capitalization of $35.06 billion, a price-to-earnings ratio of 13.23, a PEG ratio of 5.26 and a beta of 0.92.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Tuesday, June 18th were paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date was Tuesday, June 18th. VICI Properties’s dividend payout ratio is currently 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.