Asset Management One Co. Ltd. Grows Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Asset Management One Co. Ltd. grew its stake in shares of VICI Properties Inc. (NYSE:VICI) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,060,248 shares of the company’s stock after acquiring an additional 6,601 shares during the period. Asset Management One Co. Ltd. owned 0.20% of VICI Properties worth $59,624,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in VICI. State Street Corp raised its stake in shares of VICI Properties by 2.1% during the 3rd quarter. State Street Corp now owns 55,548,393 shares of the company’s stock valued at $1,873,869,000 after purchasing an additional 1,164,717 shares during the period. Geode Capital Management LLC increased its position in shares of VICI Properties by 2.2% during the third quarter. Geode Capital Management LLC now owns 28,475,659 shares of the company’s stock valued at $945,712,000 after buying an additional 608,696 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company’s stock worth $393,847,000 after buying an additional 770,195 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of VICI Properties by 599.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company’s stock valued at $297,685,000 after acquiring an additional 7,658,819 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its stake in VICI Properties by 0.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,209,783 shares of the company’s stock valued at $206,848,000 after acquiring an additional 26,990 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. JMP Securities reiterated a “market outperform” rating and issued a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. Wedbush downgraded VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Truist Financial reduced their target price on VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Barclays lowered their price target on VICI Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. Finally, Mizuho dropped their price target on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and an average price target of $34.22.

VICI Properties Price Performance

Shares of VICI Properties stock opened at $30.45 on Friday. The firm has a market capitalization of $32.10 billion, a PE ratio of 11.28, a price-to-earnings-growth ratio of 3.80 and a beta of 0.95. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The business’s 50-day moving average price is $29.69 and its 200-day moving average price is $31.46.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend was Tuesday, December 17th. VICI Properties’s payout ratio is currently 64.07%.

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.