VICI Properties Inc. (NYSE:VICI) Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 26.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,582 shares of the company’s stock after acquiring an additional 11,832 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in VICI Properties were worth $1,885,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. raised its position in shares of VICI Properties by 1.1% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 597,429 shares of the company’s stock worth $19,900,000 after purchasing an additional 6,635 shares during the period. MQS Management LLC grew its position in shares of VICI Properties by 8.9% during the third quarter. MQS Management LLC now owns 19,585 shares of the company’s stock worth $652,000 after acquiring an additional 1,593 shares during the last quarter. Chase Investment Counsel Corp increased its holdings in shares of VICI Properties by 3.2% in the 3rd quarter. Chase Investment Counsel Corp now owns 15,346 shares of the company’s stock worth $511,000 after acquiring an additional 470 shares during the period. American Assets Capital Advisers LLC lifted its position in VICI Properties by 12.4% in the 3rd quarter. American Assets Capital Advisers LLC now owns 29,979 shares of the company’s stock valued at $999,000 after purchasing an additional 3,300 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in VICI Properties by 18.1% during the 3rd quarter. Victory Capital Management Inc. now owns 1,757,069 shares of the company’s stock valued at $58,528,000 after purchasing an additional 268,818 shares during the period. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Up 1.2 %

Shares of VICI stock opened at $31.67 on Monday. The stock has a 50-day simple moving average of $32.58 and a 200 day simple moving average of $30.91. The stock has a market capitalization of $33.39 billion, a P/E ratio of 11.73, a P/E/G ratio of 4.20 and a beta of 0.94. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63.

VICI Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were given a dividend of $0.4325 per share. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.46%. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Analyst Upgrades and Downgrades

VICI has been the topic of a number of recent analyst reports. JMP Securities lifted their price target on VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a report on Friday, November 1st. Mizuho reduced their price target on VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a research report on Thursday. Evercore ISI raised 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 reaffirmed 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 equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $34.22.

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.