VICI Properties Inc. (NYSE:VICI) Shares Acquired by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC lifted its stake in VICI Properties Inc. (NYSE:VICI) by 1.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 95,534 shares of the company’s stock after acquiring an additional 1,691 shares during the quarter. Pathway Financial Advisers LLC’s holdings in VICI Properties were worth $2,791,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Continuum Advisory LLC grew its position in VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after acquiring an additional 374 shares in the last quarter. Quent Capital LLC boosted its holdings in VICI Properties by 27.1% in the fourth quarter. Quent Capital LLC now owns 2,194 shares of the company’s stock valued at $64,000 after purchasing an additional 468 shares during the period. Brown Brothers Harriman & Co. grew its stake in VICI Properties by 512.6% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company’s stock worth $65,000 after purchasing an additional 1,630 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new stake in VICI Properties during the 3rd quarter worth about $67,000. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its holdings in VICI Properties by 340.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,200 shares of the company’s stock worth $74,000 after purchasing an additional 1,700 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

VICI has been the subject of a number of analyst reports. Barclays lowered their price objective on VICI Properties from $36.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Mizuho lowered their price target on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday, January 8th. JMP Securities reiterated a “market outperform” rating and set a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Finally, Wedbush lowered VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, VICI Properties has a consensus rating of “Moderate Buy” and an average price target of $34.22.

VICI Properties Trading Down 0.6 %

NYSE:VICI opened at $29.82 on Thursday. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The stock’s 50 day moving average price is $29.71 and its 200 day moving average price is $31.47. The company has a market capitalization of $31.44 billion, a PE ratio of 11.04, a P/E/G ratio of 3.80 and a beta of 0.95.

VICI Properties Announces Dividend

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