Stifel Financial Corp Acquires 98,918 Shares of VICI Properties Inc. (NYSE:VICI)

Stifel Financial Corp grew its holdings in VICI Properties Inc. (NYSE:VICI) by 12.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 907,664 shares of the company’s stock after acquiring an additional 98,918 shares during the quarter. Stifel Financial Corp’s holdings in VICI Properties were worth $30,234,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VICI. Quarry LP raised its holdings in VICI Properties by 780.5% in the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after acquiring an additional 999 shares in the last quarter. UMB Bank n.a. raised its stake in shares of VICI Properties by 254.4% in the second quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock valued at $39,000 after purchasing an additional 982 shares in the last quarter. Carmichael Hill & Associates Inc. lifted its position in VICI Properties by 363.2% in the second quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock worth $40,000 after purchasing an additional 1,104 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in VICI Properties in the 2nd quarter valued at $43,000. Finally, Rothschild Investment LLC bought a new position in shares of VICI Properties during the 2nd quarter worth about $47,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Price Performance

Shares of NYSE VICI opened at $31.65 on Friday. VICI Properties Inc. has a 12-month low of $27.08 and a 12-month high of $34.29. The firm’s 50-day simple moving average is $32.21 and its 200 day simple moving average is $31.17. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The company has a market cap of $33.36 billion, a price-to-earnings ratio of 11.72, a price-to-earnings-growth ratio of 4.21 and a beta of 0.93.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Tuesday, December 17th will be issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date is Tuesday, December 17th. VICI Properties’s dividend payout ratio is currently 64.07%.

Analysts Set New Price Targets

Several research firms recently issued reports on VICI. Mizuho dropped their price target on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a research report on Thursday, November 14th. Evercore ISI raised their target price on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. JMP Securities increased their price objective on VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $36.00 target price (up previously from $33.00) on shares of VICI Properties in a research note on Tuesday, October 1st. 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, the company presently has an average rating of “Moderate Buy” and an average price target of $34.22.

VICI Properties Company 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.