Gulf International Bank UK Ltd Has $99,000 Position in VICI Properties Inc. (NYSE:VICI)

Gulf International Bank UK Ltd decreased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 29.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,994 shares of the company’s stock after selling 1,272 shares during the quarter. Gulf International Bank UK Ltd’s holdings in VICI Properties were worth $99,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of VICI. Quarry LP increased its holdings in shares of VICI Properties by 780.5% in the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after purchasing an additional 999 shares during the period. UMB Bank n.a. lifted its position in 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 buying an additional 982 shares in the last quarter. Carmichael Hill & Associates Inc. boosted its stake in shares of VICI Properties by 363.2% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock valued at $40,000 after buying an additional 1,104 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of VICI Properties during the 2nd quarter valued at $43,000. Finally, Rothschild Investment LLC acquired a new position in shares of VICI Properties in the second quarter worth $47,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VICI has been the subject of a number of research reports. JMP Securities lifted their price objective on VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a research report on Friday, November 1st. Evercore ISI lifted their price target on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $36.00 price objective (up previously from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, VICI Properties presently has an average rating of “Moderate Buy” and a consensus price target of $34.11.

VICI Properties Trading Up 1.5 %

Shares of VICI stock opened at $31.39 on Friday. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The company has a market cap of $33.09 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 4.75 and a beta of 0.94. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The business’s 50 day moving average is $32.80 and its two-hundred day moving average is $30.80.

VICI Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were issued a $0.4325 dividend. This represents a $1.73 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend was Wednesday, September 18th. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

VICI Properties Profile

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.