Mutual of America Capital Management LLC Boosts Holdings in VICI Properties Inc. (NYSE:VICI)

Mutual of America Capital Management LLC grew its position in VICI Properties Inc. (NYSE:VICI) by 11.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 146,601 shares of the company’s stock after acquiring an additional 15,201 shares during the quarter. Mutual of America Capital Management LLC’s holdings in VICI Properties were worth $4,883,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in shares of VICI Properties during the first quarter valued at $117,000. National Bank of Canada FI boosted its holdings in shares of VICI Properties by 2.7% in the first quarter. National Bank of Canada FI now owns 538,212 shares of the company’s stock valued at $15,877,000 after purchasing an additional 14,077 shares during the period. EntryPoint Capital LLC grew its stake in VICI Properties by 397.7% in the first quarter. EntryPoint Capital LLC now owns 2,832 shares of the company’s stock worth $84,000 after purchasing an additional 2,263 shares in the last quarter. CreativeOne Wealth LLC increased its holdings in VICI Properties by 96.9% during the 1st quarter. CreativeOne Wealth LLC now owns 29,092 shares of the company’s stock worth $867,000 after purchasing an additional 14,319 shares during the period. Finally, Cadence Bank bought a new stake in VICI Properties during the 1st quarter valued at $524,000. Institutional investors own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on VICI shares. Evercore ISI raised their price target on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. 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 report on Tuesday, October 1st. JMP Securities boosted their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a research note on Friday, November 1st. Finally, Mizuho dropped their target price on VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and a consensus target price of $34.22.

VICI Properties Stock Down 0.3 %

Shares of VICI stock opened at $32.12 on Thursday. The stock’s fifty day moving average price is $32.47 and its 200 day moving average price is $30.97. VICI Properties Inc. has a 1-year low of $27.08 and a 1-year high of $34.29. The company has a market cap of $33.86 billion, a price-to-earnings ratio of 11.90, a price-to-earnings-growth ratio of 4.20 and a beta of 0.94. 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 business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were issued a dividend of $0.4325 per share. The ex-dividend date of this dividend was Wednesday, September 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.39%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio is 64.07%.

VICI Properties Company 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.