Mutual of America Capital Management LLC Has $4.41 Million Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Mutual of America Capital Management LLC reduced its position in shares of VICI Properties Inc. (NYSE:VICI) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 138,174 shares of the company’s stock after selling 3,414 shares during the quarter. Mutual of America Capital Management LLC’s holdings in VICI Properties were worth $4,405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Penserra Capital Management LLC lifted its holdings in VICI Properties by 11.6% during the 4th quarter. Penserra Capital Management LLC now owns 3,300 shares of the company’s stock worth $105,000 after purchasing an additional 344 shares during the last quarter. SeaCrest Wealth Management LLC lifted its holdings in VICI Properties by 3.5% during the 4th quarter. SeaCrest Wealth Management LLC now owns 10,106 shares of the company’s stock worth $327,000 after purchasing an additional 346 shares during the last quarter. Eqis Capital Management Inc. lifted its holdings in VICI Properties by 3.2% during the 4th quarter. Eqis Capital Management Inc. now owns 12,319 shares of the company’s stock worth $399,000 after purchasing an additional 386 shares during the last quarter. Avantax Advisory Services Inc. raised its holdings in VICI Properties by 5.2% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,877 shares of the company’s stock valued at $229,000 after acquiring an additional 387 shares in the last quarter. Finally, Redmont Wealth Advisors LLC raised its holdings in VICI Properties by 2.1% in the 3rd quarter. Redmont Wealth Advisors LLC now owns 18,628 shares of the company’s stock valued at $542,000 after acquiring an additional 391 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director James R. Abrahamson bought 3,000 shares of the stock in a transaction on Thursday, March 14th. The stock was acquired at an average price of $28.85 per share, with a total value of $86,550.00. Following the acquisition, the director now directly owns 139,342 shares in the company, valued at $4,020,016.70. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.25% of the company’s stock.

VICI Properties Price Performance

VICI Properties stock opened at $27.59 on Tuesday. The stock has a market capitalization of $28.78 billion, a P/E ratio of 11.13, a price-to-earnings-growth ratio of 6.27 and a beta of 0.90. VICI Properties Inc. has a 52 week low of $26.63 and a 52 week high of $34.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 2.97. The stock has a fifty day moving average of $29.30 and a 200-day moving average of $29.65.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were issued a $0.415 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $1.66 dividend on an annualized basis and a yield of 6.02%. VICI Properties’s payout ratio is presently 66.94%.

Wall Street Analyst Weigh In

VICI has been the subject of several analyst reports. Mizuho dropped their price objective on VICI Properties from $34.00 to $31.00 and set a “buy” rating for the company in a report on Thursday, March 7th. Morgan Stanley lifted their price objective on VICI Properties from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Monday, March 18th. Finally, Wells Fargo & Company dropped their price objective on VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, March 6th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $34.36.

About VICI Properties

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.