115,016 Shares in VICI Properties Inc. (NYSE:VICI) Bought by Columbus Macro LLC

Columbus Macro LLC bought a new position in shares of VICI Properties Inc. (NYSE:VICI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 115,016 shares of the company’s stock, valued at approximately $3,360,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP raised its holdings in VICI Properties by 780.5% during the second quarter. Quarry LP now owns 1,127 shares of the company’s stock worth $32,000 after purchasing an additional 999 shares during the last quarter. Continuum Advisory LLC increased its position in VICI Properties by 30.5% during the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock worth $50,000 after purchasing an additional 374 shares during the last quarter. UMB Bank n.a. raised its position in shares of VICI Properties by 37.4% in the 3rd quarter. UMB Bank n.a. now owns 1,880 shares of the company’s stock worth $63,000 after buying an additional 512 shares during the period. Brown Brothers Harriman & Co. increased its position in shares of VICI Properties by 512.6% in the third quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company’s stock worth $65,000 after acquiring an additional 1,630 shares in the last quarter. Finally, Harbor Capital Advisors Inc. acquired a new stake in VICI Properties in the third quarter valued at approximately $67,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Up 0.3 %

VICI opened at $29.85 on Tuesday. The company’s 50-day moving average is $30.03 and its 200 day moving average is $31.50. The firm has a market capitalization of $31.46 billion, a PE ratio of 11.05, a P/E/G ratio of 3.80 and a beta of 0.95. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week high of $34.29.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date was Tuesday, December 17th. VICI Properties’s payout ratio is currently 64.07%.

Analyst Ratings Changes

VICI has been the topic of several research reports. JMP Securities restated a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Barclays assumed coverage on VICI Properties in a research note on Friday, January 10th. They set an “overweight” rating and a $36.00 target price on the stock. Truist Financial lowered their target price on VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Finally, Wedbush cut VICI Properties from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $34.33.

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.