VICI Properties Inc. (NYSE:VICI) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank lessened its holdings in VICI Properties Inc. (NYSE:VICI) by 13.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 515,295 shares of the company’s stock after selling 78,650 shares during the period. Toronto Dominion Bank’s holdings in VICI Properties were worth $14,758,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of VICI. Cohen & Steers Inc. lifted its stake in VICI Properties by 132.0% during the 4th quarter. Cohen & Steers Inc. now owns 34,784,906 shares of the company’s stock worth $1,108,993,000 after acquiring an additional 19,788,229 shares in the last quarter. Capital International Investors lifted its stake in VICI Properties by 17.4% during the 4th quarter. Capital International Investors now owns 62,871,097 shares of the company’s stock worth $2,004,648,000 after acquiring an additional 9,317,582 shares in the last quarter. Vanguard Group Inc. lifted its stake in VICI Properties by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 153,674,848 shares of the company’s stock worth $4,577,974,000 after acquiring an additional 6,755,553 shares in the last quarter. Daiwa Securities Group Inc. raised its position in VICI Properties by 37.9% in the 1st quarter. Daiwa Securities Group Inc. now owns 11,313,497 shares of the company’s stock valued at $337,029,000 after purchasing an additional 3,109,028 shares in the last quarter. Finally, Capital Research Global Investors raised its position in VICI Properties by 8.7% in the 1st quarter. Capital Research Global Investors now owns 37,528,622 shares of the company’s stock valued at $1,117,978,000 after purchasing an additional 3,001,793 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VICI shares. Morgan Stanley reaffirmed an “equal weight” rating and issued a $33.00 price target on shares of VICI Properties in a research report on Friday, June 21st. Evercore ISI increased their price target on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and an average target price of $33.56.

VICI Properties Trading Up 0.7 %

VICI opened at $33.12 on Friday. VICI Properties Inc. has a one year low of $26.63 and a one year high of $34.29. The company has a market cap of $34.55 billion, a P/E ratio of 13.09, a PEG ratio of 5.20 and a beta of 0.94. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.31 and a current ratio of 2.31. The business’s 50-day simple moving average is $32.39 and its 200-day simple moving average is $30.05.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th will be issued a $0.4325 dividend. The ex-dividend date of this dividend is Wednesday, September 18th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.22%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio is presently 68.38%.

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.