National Pension Service increased its position in VICI Properties Inc. (NYSE:VICI – Get Rating) by 15.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,275,609 shares of the company’s stock after purchasing an additional 174,031 shares during the quarter. National Pension Service owned 0.13% of VICI Properties worth $37,490,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in VICI. RB Capital Management LLC boosted its position in VICI Properties by 19.5% in the 1st quarter. RB Capital Management LLC now owns 20,921 shares of the company’s stock valued at $595,000 after buying an additional 3,415 shares during the last quarter. Private Advisor Group LLC purchased a new position in VICI Properties in the first quarter valued at about $357,000. MetLife Investment Management LLC acquired a new stake in VICI Properties during the 1st quarter valued at approximately $358,000. Great West Life Assurance Co. Can increased its holdings in VICI Properties by 0.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 144,291 shares of the company’s stock worth $4,334,000 after purchasing an additional 485 shares during the last quarter. Finally, Yousif Capital Management LLC raised its position in shares of VICI Properties by 11.9% in the 1st quarter. Yousif Capital Management LLC now owns 36,900 shares of the company’s stock valued at $1,050,000 after purchasing an additional 3,938 shares in the last quarter.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on VICI. Morgan Stanley raised their price target on shares of VICI Properties from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, December 16th. Raymond James downgraded shares of VICI Properties from a “strong-buy” rating to an “outperform” rating and dropped their target price for the stock from $38.00 to $36.00 in a research report on Monday, January 9th. KeyCorp increased their price target on shares of VICI Properties from $33.00 to $35.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 30th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on VICI Properties from $37.00 to $38.00 in a report on Friday, December 2nd. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.77.
VICI Properties Stock Up 0.1 %
VICI Properties Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 6th. Stockholders of record on Thursday, March 23rd will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend is Wednesday, March 22nd. VICI Properties’s dividend payout ratio (DPR) is presently 123.81%.
VICI Properties Company Profile
VICI Properties, Inc is a real estate investment trust, which owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property.
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