VICI Properties Inc. (NYSE:VICI) Shares Purchased by Burford Brothers Inc.

Burford Brothers Inc. increased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 16.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,412 shares of the company’s stock after purchasing an additional 2,960 shares during the quarter. Burford Brothers Inc.’s holdings in VICI Properties were worth $713,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Park Avenue Securities LLC grew its position in VICI Properties by 14.6% in the first quarter. Park Avenue Securities LLC now owns 16,738 shares of the company’s stock valued at $499,000 after acquiring an additional 2,134 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in VICI Properties by 1.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 64,361 shares of the company’s stock valued at $1,917,000 after acquiring an additional 725 shares in the last quarter. Courier Capital LLC grew its position in VICI Properties by 2.0% in the first quarter. Courier Capital LLC now owns 21,045 shares of the company’s stock valued at $627,000 after acquiring an additional 417 shares in the last quarter. Register Financial Advisors LLC acquired a new stake in VICI Properties in the first quarter valued at approximately $95,000. Finally, Griffin Asset Management Inc. grew its position in VICI Properties by 17.1% in the first quarter. Griffin Asset Management Inc. now owns 27,013 shares of the company’s stock valued at $805,000 after acquiring an additional 3,944 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Wall Street Analyst Weigh In

VICI has been the subject of several recent research reports. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $36.00 price objective (up previously from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Evercore ISI increased their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

VICI Properties Stock Down 2.2 %

VICI stock opened at $32.10 on Friday. VICI Properties Inc. has a twelve month low of $26.63 and a twelve month high of $34.29. 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 company has a market capitalization of $33.49 billion, a P/E ratio of 12.69, a PEG ratio of 5.15 and a beta of 0.93. The firm has a 50 day simple moving average of $33.00 and a 200-day simple moving average of $30.52.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were paid a dividend of $0.4325 per share. The ex-dividend date was Wednesday, September 18th. This is a boost 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 dividend payout ratio (DPR) is 68.38%.

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.