VICI Properties Inc. (NYSE:VICI) Stock Holdings Boosted by Private Trust Co. NA

Private Trust Co. NA grew its position in VICI Properties Inc. (NYSE:VICI) by 11.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 12,388 shares of the company’s stock after buying an additional 1,277 shares during the period. Private Trust Co. NA’s holdings in VICI Properties were worth $413,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Quarry LP grew its holdings in VICI Properties by 780.5% in the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock worth $32,000 after buying an additional 999 shares in the last quarter. UMB Bank n.a. grew 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 worth $39,000 after purchasing an additional 982 shares in the last quarter. Carmichael Hill & Associates Inc. increased its holdings in shares of VICI Properties by 363.2% during the second quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock valued at $40,000 after purchasing an additional 1,104 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of VICI Properties during the second quarter valued at about $43,000. Finally, Rothschild Investment LLC acquired a new stake in VICI Properties in the second quarter worth about $47,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Up 0.7 %

NYSE:VICI opened at $32.60 on Thursday. The stock has a fifty day simple moving average of $32.36 and a 200 day simple moving average of $31.07. 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 firm has a market capitalization of $34.37 billion, a price-to-earnings ratio of 11.99, a price-to-earnings-growth ratio of 4.31 and a beta of 0.94. VICI Properties Inc. has a 1-year low of $27.08 and a 1-year high of $34.29.

VICI Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were given a $0.4325 dividend. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend was Wednesday, September 18th. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Analyst Upgrades and Downgrades

A number of research firms have commented on VICI. Wells Fargo & Company restated an “overweight” rating and set a $36.00 price target (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. JMP Securities upped their target price on VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a research report on Friday, November 1st. Mizuho lowered their price target on VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, November 14th. Finally, Evercore ISI raised their target price on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.