Janney Montgomery Scott LLC Raises Holdings in VICI Properties Inc. (NYSE:VICI)

Janney Montgomery Scott LLC increased its position in VICI Properties Inc. (NYSE:VICIFree Report) by 12.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 413,942 shares of the company’s stock after purchasing an additional 46,920 shares during the period. Janney Montgomery Scott LLC’s holdings in VICI Properties were worth $13,196,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc boosted its stake in shares of VICI Properties by 77.7% during the third quarter. Bell Investment Advisors Inc now owns 938 shares of the company’s stock worth $27,000 after buying an additional 410 shares during the period. HBC Financial Services PLLC acquired a new stake in VICI Properties during the 4th quarter worth approximately $31,000. Blue Trust Inc. grew its stake in shares of VICI Properties by 455.3% in the 4th quarter. Blue Trust Inc. now owns 1,144 shares of the company’s stock valued at $36,000 after purchasing an additional 938 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of VICI Properties in the third quarter valued at approximately $41,000. Finally, Planned Solutions Inc. purchased a new stake in shares of VICI Properties during the fourth quarter worth approximately $45,000. 97.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at VICI Properties

In other news, Director James R. Abrahamson purchased 3,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was acquired at an average cost of $28.85 per share, for a total transaction of $86,550.00. Following the completion of the acquisition, the director now directly owns 139,342 shares in the company, valued at approximately $4,020,016.70. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.25% of the stock is owned by insiders.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $30.38 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 2.97. The business’s fifty day moving average price is $29.00 and its two-hundred day moving average price is $29.72. The stock has a market cap of $31.69 billion, a PE ratio of 12.01, a price-to-earnings-growth ratio of 2.48 and a beta of 0.90. VICI Properties Inc. has a one year low of $26.63 and a one year high of $33.40.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 21st were paid a $0.415 dividend. This represents a $1.66 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend was Wednesday, March 20th. VICI Properties’s payout ratio is 65.61%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VICI. Mizuho upped their price objective on shares of VICI Properties from $31.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, May 10th. Morgan Stanley increased their target price on VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Monday, March 18th. Scotiabank lifted their price target on VICI Properties from $32.00 to $34.00 and gave the company a “sector outperform” rating in a research note on Thursday. Finally, Wells Fargo & Company dropped their price objective on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday, March 6th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.18.

View Our Latest Analysis on VICI Properties

About VICI Properties

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VICI Properties Inc. (NYSE:VICIFree Report).

Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

Receive News & Ratings for VICI Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VICI Properties and related companies with MarketBeat.com's FREE daily email newsletter.