World Investment Advisors LLC Takes $441,000 Position in VICI Properties Inc. (NYSE:VICI)

World Investment Advisors LLC acquired a new stake in VICI Properties Inc. (NYSE:VICI) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 13,250 shares of the company’s stock, valued at approximately $441,000.

A number of other institutional investors have also added to or reduced their stakes in VICI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in VICI Properties by 599.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company’s stock worth $297,685,000 after buying an additional 7,658,819 shares during the last quarter. Los Angeles Capital Management LLC increased its holdings in VICI Properties by 367.8% during the third quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company’s stock worth $73,927,000 after buying an additional 1,744,939 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in VICI Properties by 101.4% during the second quarter. Canada Pension Plan Investment Board now owns 3,453,547 shares of the company’s stock worth $98,910,000 after buying an additional 1,739,147 shares during the last quarter. Hsbc Holdings PLC increased its holdings in VICI Properties by 35.5% during the second quarter. Hsbc Holdings PLC now owns 4,520,598 shares of the company’s stock worth $129,321,000 after buying an additional 1,185,463 shares during the last quarter. Finally, State Street Corp increased its holdings in VICI Properties by 2.1% during the third quarter. State Street Corp now owns 55,548,393 shares of the company’s stock worth $1,873,869,000 after buying an additional 1,164,717 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $30.05 on Wednesday. The stock’s fifty day simple moving average is $32.03 and its two-hundred day simple moving average is $31.31. VICI Properties Inc. has a 1-year low of $27.08 and a 1-year high of $34.29. The stock has a market cap of $31.68 billion, a PE ratio of 11.13, a price-to-earnings-growth ratio of 4.12 and a beta of 0.93. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th will be paid a dividend of $0.4325 per share. The ex-dividend date is Tuesday, December 17th. This represents a $1.73 annualized dividend and a dividend yield of 5.76%. VICI Properties’s dividend payout ratio (DPR) is presently 64.07%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on VICI shares. Evercore ISI upped their price objective 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. Mizuho cut their price objective on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a research report on Thursday, November 14th. JMP Securities reaffirmed a “market outperform” rating and set a $35.00 price objective on shares of VICI Properties in a research report on Wednesday, December 11th. KeyCorp reissued a “sector weight” rating on shares of VICI Properties in a report on Tuesday. Finally, 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 note on Tuesday, October 1st. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, VICI Properties has a consensus rating of “Moderate Buy” and an average target price of $34.67.

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.