VICI Properties Inc. (NYSE:VICI) Shares Purchased by Tidal Investments LLC

Tidal Investments LLC boosted its stake in VICI Properties Inc. (NYSE:VICI) by 11.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 52,678 shares of the company’s stock after purchasing an additional 5,620 shares during the period. Tidal Investments LLC’s holdings in VICI Properties were worth $1,755,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Carmel Capital Partners LLC grew its stake in shares of VICI Properties by 1.0% in the third quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company’s stock worth $1,177,000 after acquiring an additional 367 shares in the last quarter. Continuum Advisory LLC grew its stake in shares of VICI Properties by 30.5% in the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock worth $50,000 after acquiring an additional 374 shares in the last quarter. Montag A & Associates Inc. grew its stake in shares of VICI Properties by 3.3% in the second quarter. Montag A & Associates Inc. now owns 12,297 shares of the company’s stock worth $357,000 after acquiring an additional 389 shares in the last quarter. MAS Advisors LLC grew its stake in shares of VICI Properties by 2.8% in the second quarter. MAS Advisors LLC now owns 14,745 shares of the company’s stock worth $422,000 after acquiring an additional 398 shares in the last quarter. Finally, Insight Folios Inc grew its stake in shares of VICI Properties by 2.5% in the third quarter. Insight Folios Inc now owns 18,035 shares of the company’s stock worth $601,000 after acquiring an additional 433 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on VICI. 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. Mizuho dropped their price target on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a research note on Thursday, November 14th. KeyCorp reaffirmed a “sector weight” rating on shares of VICI Properties in a research report on Tuesday. 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. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research report on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and a consensus target price of $34.67.

VICI Properties Price Performance

Shares of VICI opened at $30.05 on Wednesday. VICI Properties Inc. has a 1-year low of $27.08 and a 1-year high of $34.29. The stock has a market cap of $31.68 billion, a PE ratio of 11.13, a price-to-earnings-growth ratio of 4.12 and a beta of 0.93. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The firm has a fifty day moving average price of $32.03 and a 200 day moving average price of $31.31.

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Tuesday, December 17th will be given a $0.4325 dividend. The ex-dividend date is Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a yield of 5.76%. VICI Properties’s dividend payout ratio (DPR) is presently 64.07%.

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.