Blair William & Co. IL Boosts Stock Position in VICI Properties Inc. (NYSE:VICI)

Blair William & Co. IL increased its position in VICI Properties Inc. (NYSE:VICI) by 1.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,142 shares of the company’s stock after acquiring an additional 826 shares during the quarter. Blair William & Co. IL’s holdings in VICI Properties were worth $2,009,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VICI. Vanguard Personalized Indexing Management LLC raised its position in shares of VICI Properties by 8.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 70,846 shares of the company’s stock valued at $2,021,000 after buying an additional 5,366 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in VICI Properties by 5.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 97,367 shares of the company’s stock valued at $2,789,000 after acquiring an additional 5,362 shares during the last quarter. Renaissance Technologies LLC increased its holdings in VICI Properties by 2.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,147,429 shares of the company’s stock valued at $32,862,000 after acquiring an additional 22,200 shares during the last quarter. Mesirow Financial Investment Management Inc. purchased a new stake in VICI Properties in the 2nd quarter worth $346,000. Finally, One Capital Management LLC bought a new position in shares of VICI Properties during the 2nd quarter valued at about $780,000. Institutional investors own 97.71% of the company’s stock.

Analyst Ratings Changes

VICI has been the topic of a number of research analyst reports. Evercore ISI boosted their target price on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Morgan Stanley reiterated an “equal weight” rating and set a $33.00 target price on shares of VICI Properties in a research report on Friday, June 21st. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $33.56.

VICI Properties Stock Performance

NYSE:VICI opened at $33.26 on Tuesday. The firm has a market capitalization of $34.69 billion, a PE ratio of 13.14, a PEG ratio of 5.35 and a beta of 0.94. The stock’s fifty day moving average is $32.19 and its 200 day moving average is $29.96. VICI Properties Inc. has a fifty-two week low of $26.63 and a fifty-two week high of $34.29. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.31 and a current ratio of 2.31.

VICI Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th will be paid a $0.4325 dividend. The ex-dividend date is Wednesday, September 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.20%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio is currently 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.