US Bancorp DE Sells 2,204 Shares of VICI Properties Inc. (NYSE:VICI)

US Bancorp DE lowered its stake in VICI Properties Inc. (NYSE:VICIGet Rating) by 2.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,345 shares of the company’s stock after selling 2,204 shares during the quarter. US Bancorp DE’s holdings in VICI Properties were worth $2,428,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. DNB Asset Management AS raised its holdings in VICI Properties by 1.0% in the 3rd quarter. DNB Asset Management AS now owns 118,693 shares of the company’s stock valued at $3,543,000 after buying an additional 1,201 shares during the last quarter. Aviva PLC raised its holdings in VICI Properties by 49.6% in the 2nd quarter. Aviva PLC now owns 136,373 shares of the company’s stock valued at $4,063,000 after buying an additional 45,194 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in VICI Properties by 75.9% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 191,483 shares of the company’s stock valued at $5,706,000 after buying an additional 82,597 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in VICI Properties by 923.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,653 shares of the company’s stock valued at $104,000 after buying an additional 3,296 shares during the last quarter. Finally, Fieldpoint Private Securities LLC raised its holdings in VICI Properties by 16.7% in the 2nd quarter. Fieldpoint Private Securities LLC now owns 2,590 shares of the company’s stock valued at $77,000 after buying an additional 370 shares during the last quarter.

VICI Properties Trading Down 2.6 %

NYSE VICI opened at $33.15 on Friday. The company has a fifty day simple moving average of $32.85 and a 200 day simple moving average of $32.52. VICI Properties Inc. has a 12-month low of $26.23 and a 12-month high of $35.69. The company has a market cap of $31.93 billion, a P/E ratio of 30.98, a PEG ratio of 2.30 and a beta of 0.96.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 5th. Investors of record on Thursday, December 22nd were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 4.71%. The ex-dividend date was Wednesday, December 21st. VICI Properties’s payout ratio is currently 145.80%.

Analyst Upgrades and Downgrades

VICI has been the subject of a number of research reports. Morgan Stanley raised their price objective on shares of VICI Properties from $31.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, December 16th. Deutsche Bank Aktiengesellschaft raised their price target on shares of VICI Properties from $37.00 to $38.00 in a report on Friday, December 2nd. Raymond James lowered shares of VICI Properties from a “strong-buy” rating to an “outperform” rating and lowered their price target for the stock from $38.00 to $36.00 in a report on Monday, January 9th. JPMorgan Chase & Co. raised their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, October 24th. Finally, KeyCorp raised their price target on shares of VICI Properties from $33.00 to $35.00 and gave the stock an “overweight” rating in a report on Wednesday, November 30th. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, VICI Properties currently has a consensus rating of “Moderate Buy” and an average price target of $36.63.

About VICI Properties

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VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 29 gaming facilities comprising over 48 million square feet and features approximately 19,200 hotel rooms and more than 200 restaurants, bars and nightclubs.

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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