98,017 Shares in VICI Properties Inc. $VICI Bought by Caprock Group LLC

Caprock Group LLC bought a new stake in VICI Properties Inc. (NYSE:VICI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 98,017 shares of the company’s stock, valued at approximately $3,311,000.

Other institutional investors also recently made changes to their positions in the company. State of Wyoming acquired a new stake in shares of VICI Properties in the second quarter valued at about $26,000. Parvin Asset Management LLC purchased a new position in VICI Properties in the second quarter valued at about $27,000. Hantz Financial Services Inc. lifted its position in shares of VICI Properties by 489.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock valued at $28,000 after acquiring an additional 724 shares during the period. Headlands Technologies LLC purchased a new stake in shares of VICI Properties during the 2nd quarter worth approximately $28,000. Finally, Godsey & Gibb Inc. purchased a new stake in shares of VICI Properties during the 3rd quarter worth approximately $29,000. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Trading Down 0.3%

Shares of VICI opened at $29.17 on Thursday. VICI Properties Inc. has a fifty-two week low of $27.48 and a fifty-two week high of $34.03. The company has a market capitalization of $31.17 billion, a PE ratio of 11.13, a price-to-earnings-growth ratio of 2.91 and a beta of 0.70. The stock has a fifty day moving average of $28.23 and a two-hundred day moving average of $30.46. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.60 and a current ratio of 3.60.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 17th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 6.2%. The ex-dividend date was Wednesday, December 17th. VICI Properties’s dividend payout ratio is presently 68.70%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on VICI shares. The Goldman Sachs Group reduced their price objective on VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a report on Friday, November 28th. Cantor Fitzgerald set a $33.00 price target on VICI Properties in a research note on Monday, January 5th. Evercore reiterated an “in-line” rating and issued a $32.00 price objective (down from $36.00) on shares of VICI Properties in a research report on Monday, December 1st. Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Finally, Stifel Nicolaus reduced their price target on shares of VICI Properties from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.85.

About VICI Properties

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.