West Bancorporation Inc. Buys New Stake in VICI Properties Inc. (NYSE:VICI)

West Bancorporation Inc. purchased a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,889 shares of the company’s stock, valued at approximately $263,000.

A number of other institutional investors also recently made changes to their positions in VICI. SG Americas Securities LLC boosted its position in VICI Properties by 671.3% during the first quarter. SG Americas Securities LLC now owns 721,523 shares of the company’s stock worth $21,494,000 after acquiring an additional 627,979 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of VICI Properties by 15.1% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,882,494 shares of the company’s stock valued at $56,079,000 after purchasing an additional 246,983 shares during the period. Norden Group LLC acquired a new position in VICI Properties in the first quarter valued at $1,033,000. Intech Investment Management LLC lifted its position in VICI Properties by 115.9% during the first quarter. Intech Investment Management LLC now owns 31,344 shares of the company’s stock worth $934,000 after buying an additional 16,824 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in VICI Properties by 14.0% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 484,628 shares of the company’s stock worth $14,437,000 after buying an additional 59,613 shares during the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Trading Down 2.2 %

VICI traded down $0.71 during trading on Friday, hitting $32.10. 3,824,495 shares of the company’s stock were exchanged, compared to its average volume of 5,729,769. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.64. The firm has a market cap of $33.49 billion, a P/E ratio of 12.69, a price-to-earnings-growth ratio of 5.15 and a beta of 0.93. The stock has a 50 day moving average price of $33.00 and a 200 day moving average price of $30.53. VICI Properties Inc. has a 1 year low of $26.63 and a 1 year high of $34.29.

VICI Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were given a dividend of $0.4325 per share. The ex-dividend date was Wednesday, September 18th. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a yield of 5.39%. VICI Properties’s payout ratio is 68.38%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VICI. Evercore ISI increased their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $36.00 price target (up previously 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 six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $34.00.

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.