Aberdeen Group plc Buys 207,178 Shares of VICI Properties Inc. $VICI

Aberdeen Group plc increased its stake in shares of VICI Properties Inc. (NYSE:VICI) by 17.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,373,751 shares of the company’s stock after buying an additional 207,178 shares during the quarter. Aberdeen Group plc owned 0.13% of VICI Properties worth $44,310,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. State of Wyoming bought a new position in shares of VICI Properties during the second quarter valued at $26,000. Parvin Asset Management LLC acquired a new stake in shares of VICI Properties during the 2nd quarter worth about $27,000. Headlands Technologies LLC bought a new position in VICI Properties during the 2nd quarter valued at about $28,000. Hantz Financial Services Inc. boosted its position in VICI Properties by 489.2% in the second quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock valued at $28,000 after buying an additional 724 shares in the last quarter. Finally, Godsey & Gibb Inc. acquired a new position in VICI Properties in the third quarter valued at about $29,000. 97.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Evercore reaffirmed an “in-line” rating and set a $32.00 price objective (down previously from $36.00) on shares of VICI Properties in a report on Monday, December 1st. Wells Fargo & Company restated an “equal weight” rating and set a $32.00 price target (down from $36.00) on shares of VICI Properties in a research report on Tuesday, November 18th. Scotiabank cut VICI Properties from a “sector outperform” rating to a “sector perform” rating and dropped their price target for the company from $36.00 to $30.00 in a report on Friday, January 30th. The Goldman Sachs Group reduced their price objective on VICI Properties from $38.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Finally, Barclays decreased their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a report on Wednesday, December 3rd. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $33.85.

VICI Properties Stock Performance

Shares of NYSE:VICI opened at $29.32 on Tuesday. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.60. VICI Properties Inc. has a 1-year low of $27.48 and a 1-year high of $34.03. The stock has a market capitalization of $31.33 billion, a P/E ratio of 11.19, a P/E/G ratio of 2.91 and a beta of 0.70. The business has a 50-day moving average price of $28.31 and a two-hundred day moving average price of $30.37.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Wednesday, December 17th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 6.1%. The ex-dividend date was Wednesday, December 17th. VICI Properties’s dividend payout ratio is currently 68.70%.

VICI Properties Profile

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.