canada africa partner reservation 14,806 shares in VICI Properties Inc. (NYSE:VICI) acquired by Principal Securities Inc.

14,806 shares in VICI Properties Inc. (NYSE:VICI) acquired by Principal Securities Inc.

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Principal Securities Inc. bought a new position in VICI Properties Inc. during the fourth quarter. (NYSE:VICI – Free Report), the company said in its most recent Form 13F filing with the SEC. The company purchased 14,806 shares of the company, worth approximately $472,000.

Other hedge funds have also made changes to their positions in the company. Bell Investment Advisors Inc increased its position 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 valued at $27,000 after purchasing an additional 410 shares during the period. Alaska Permanent Fund Corp increased its position in shares of VICI Properties by 87.4% during the third quarter. Alaska Permanent Fund Corp now owns 999 shares of the company’s stock worth $29,000 after purchasing an additional 466 shares during the period. HBC Financial Services PLLC acquired a new position in shares of VICI Properties during the 4th quarter worth $31,000. Blue Trust Inc. increased its position in shares of VICI Properties by 455.3% during 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 period. Finally, ING Groep NV acquired a new position in shares of VICI Properties in the third quarter valued at $36,000. Institutional investors own 97.71% of the company’s shares.

Analyst upgrades and downgrades

VICI has been the subject of a number of recent research reports. Morgan Stanley raised their target price on VICI Properties from $32.00 to $33.00 and gave the stock an “equalweight” rating in a report on Monday, March 18. Mizuho raised their price target on VICI Properties from $31.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, May 10. Finally, Wells Fargo & Company lowered their price target on VICI Properties from $34.00 to $32.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $34.20.

Get our latest report on VICI

Insider activity at VICI Properties

In other news, Director James R. Abrahamson acquired 3,000 shares of VICI Properties in a transaction that occurred on Thursday, March 14. The shares were purchased at an average price of $28.85 per share, for a total value of $86,550.00. Following the completion of the transaction, the director now owns 139,342 shares in the company, valued at $4,020,016.70. The transaction was disclosed in a document filed with the SEC, which can be accessed via this link. Insiders own 0.25% of the company’s shares.

VICI Properties Stock Performance

Shares of VICI stock opened at $29.90 on Wednesday. VICI Properties Inc. has a one-year low of $26.63 and a one-year high of $33.40. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 0.65. The company has a market cap of $31.19 billion, a price-to-earnings ratio of 11.82, a price-to-earnings ratio of 6.66, and a beta of 0.90. The stock’s fifty-day simple moving average is $28.91 and its 200-day simple moving average is $29.69.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4. Investors of record received a dividend of $0.415 per share on Thursday, March 21. The ex-dividend date was Wednesday, March 20. This represents a dividend of $1.66 annually and a yield of 5.55%. VICI Properties’ payout ratio is 65.61%.

VICI property profile

(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.

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Quarterly Institutional Ownership for VICI Properties (NYSE:VICI)



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