VICI Properties Inc. (NYSE:VICI) Shares Sold by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC cut its holdings in VICI Properties Inc. (NYSE:VICI) by 2.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,924 shares of the company’s stock after selling 887 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in VICI Properties were worth $1,363,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. CIBC Asset Management Inc increased its position in VICI Properties by 6.1% during the third quarter. CIBC Asset Management Inc now owns 229,256 shares of the company’s stock worth $7,637,000 after buying an additional 13,235 shares in the last quarter. ING Groep NV increased its position in VICI Properties by 3.2% during the 3rd quarter. ING Groep NV now owns 181,901 shares of the company’s stock worth $6,059,000 after purchasing an additional 5,675 shares in the last quarter. Nicola Wealth Management LTD. raised its stake in VICI Properties by 9.3% in the 3rd quarter. Nicola Wealth Management LTD. now owns 54,985 shares of the company’s stock valued at $1,832,000 after purchasing an additional 4,700 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in VICI Properties by 12.6% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 28,222 shares of the company’s stock valued at $940,000 after purchasing an additional 3,169 shares in the last quarter. Finally, Metis Global Partners LLC boosted its stake in shares of VICI Properties by 6.8% during the 3rd quarter. Metis Global Partners LLC now owns 63,289 shares of the company’s stock worth $2,108,000 after purchasing an additional 4,054 shares during the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Stock Performance

VICI Properties stock opened at $31.66 on Friday. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a market cap of $33.38 billion, a P/E ratio of 11.73, a price-to-earnings-growth ratio of 4.15 and a beta of 0.94. The stock has a 50 day moving average of $32.58 and a 200-day moving average of $30.88.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were paid a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.46%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Mizuho lowered their price objective on VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a research report on Thursday. JMP Securities boosted their price target on VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a research report on Friday, November 1st. Evercore ISI raised their price target on shares of 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 reiterated an “overweight” rating and set a $36.00 price objective (up from $33.00) on shares of VICI Properties in a research note on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.22.

About VICI Properties

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.