VICI Properties (NYSE:VICI) Given New $33.00 Price Target at Mizuho

VICI Properties (NYSE:VICI) had its price objective decreased by Mizuho from $34.00 to $33.00 in a research report report published on Thursday,Benzinga reports. Mizuho currently has an outperform rating on the stock.

Other equities analysts have also recently issued research reports about the company. JMP Securities lifted their price target on VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st. Wells Fargo & Company restated an “overweight” rating and issued a $36.00 price target (up previously from $33.00) on shares of VICI Properties in a research note on Tuesday, October 1st. Finally, Evercore ISI lifted their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the stock 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 assigned a buy rating to the stock. According to data from MarketBeat, VICI Properties currently has an average rating of “Moderate Buy” and a consensus target price of $34.22.

VICI Properties Stock Performance

Shares of VICI stock opened at $31.67 on Thursday. The stock has a market cap of $33.39 billion, a P/E ratio of 11.73, a P/E/G ratio of 4.15 and a beta of 0.94. The company has a fifty day moving average price of $32.58 and a two-hundred day moving average price of $30.90. VICI Properties has a one year low of $27.08 and a one year high of $34.29. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were paid a $0.4325 dividend. 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. This represents a $1.73 annualized dividend and a dividend yield of 5.46%. VICI Properties’s dividend payout ratio is 64.07%.

Institutional Trading of VICI Properties

Hedge funds and other institutional investors have recently bought and sold shares of the business. Carmel Capital Partners LLC increased its holdings in shares of VICI Properties by 1.0% during the third quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company’s stock worth $1,177,000 after purchasing an additional 367 shares during the period. Continuum Advisory LLC increased its stake in VICI Properties by 30.5% during the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock worth $50,000 after acquiring an additional 374 shares during the period. Montag A & Associates Inc. raised its holdings in VICI Properties by 3.3% in the 2nd quarter. Montag A & Associates Inc. now owns 12,297 shares of the company’s stock valued at $357,000 after acquiring an additional 389 shares in the last quarter. MAS Advisors LLC lifted its position in shares of VICI Properties by 2.8% during the 2nd quarter. MAS Advisors LLC now owns 14,745 shares of the company’s stock valued at $422,000 after acquiring an additional 398 shares during the period. Finally, Insight Folios Inc grew its holdings in shares of VICI Properties by 2.5% during the 3rd quarter. Insight Folios Inc now owns 18,035 shares of the company’s stock worth $601,000 after purchasing an additional 433 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

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.