Signaturefd LLC Sells 2,149 Shares of VICI Properties Inc. (NYSE:VICI)

Signaturefd LLC lowered its stake in shares of VICI Properties Inc. (NYSE:VICI) by 11.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,357 shares of the company’s stock after selling 2,149 shares during the period. Signaturefd LLC’s holdings in VICI Properties were worth $497,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Tucker Asset Management LLC raised its stake in shares of VICI Properties by 1,888.9% during the 4th quarter. Tucker Asset Management LLC now owns 1,074 shares of the company’s stock worth $34,000 after acquiring an additional 1,020 shares in the last quarter. Quarry LP lifted its holdings in shares of VICI Properties by 143.1% during the 4th quarter. Quarry LP now owns 1,259 shares of the company’s stock valued at $40,000 after purchasing an additional 741 shares during the last quarter. UMB Bank n.a. boosted its position in shares of VICI Properties by 254.4% in the 2nd quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock worth $39,000 after purchasing an additional 982 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in VICI Properties during the 2nd quarter worth $43,000. Finally, Family Firm Inc. acquired a new position in VICI Properties during the 2nd quarter valued at about $49,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Up 1.3 %

Shares of VICI Properties stock opened at $33.48 on Friday. VICI Properties Inc. has a 1 year low of $26.63 and a 1 year high of $33.51. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.31 and a quick ratio of 2.31. The stock has a market cap of $35.06 billion, a PE ratio of 13.23, a price-to-earnings-growth ratio of 5.26 and a beta of 0.92. The firm has a fifty day moving average price of $30.51 and a 200 day moving average price of $29.50.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Tuesday, June 18th were issued a $0.415 dividend. The ex-dividend date was Tuesday, June 18th. This represents a $1.66 annualized dividend and a dividend yield of 4.96%. VICI Properties’s dividend payout ratio (DPR) is presently 65.61%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VICI. Mizuho boosted their price target on VICI Properties from $31.00 to $32.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. Evercore ISI raised their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Wednesday. Morgan Stanley reiterated an “equal weight” rating and set a $33.00 price objective on shares of VICI Properties in a research note on Friday, June 21st. Finally, Scotiabank upped their target price on VICI Properties from $32.00 to $34.00 and gave the company a “sector outperform” rating in a research report on Thursday, May 16th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.44.

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.