Robeco Institutional Asset Management B.V. Raises Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Robeco Institutional Asset Management B.V. raised its holdings in VICI Properties Inc. (NYSE:VICI) by 10.0% in the third quarter, Holdings Channel reports. The firm owned 754,437 shares of the company’s stock after purchasing an additional 68,838 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in VICI Properties were worth $25,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of VICI. SG Americas Securities LLC boosted its holdings in shares of VICI Properties by 671.3% in the 1st quarter. SG Americas Securities LLC now owns 721,523 shares of the company’s stock worth $21,494,000 after buying an additional 627,979 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in 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 acquiring an additional 246,983 shares during the last quarter. Intech Investment Management LLC grew its position in shares of VICI Properties by 115.9% during the 1st quarter. Intech Investment Management LLC now owns 31,344 shares of the company’s stock valued at $934,000 after acquiring an additional 16,824 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of VICI Properties by 14.0% during 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 purchasing an additional 59,613 shares during the last quarter. Finally, Handelsbanken Fonder AB raised its holdings in shares of VICI Properties by 8.8% in the 3rd quarter. Handelsbanken Fonder AB now owns 593,852 shares of the company’s stock worth $19,781,000 after purchasing an additional 47,953 shares during the period. Institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $32.02 on Wednesday. The company has a 50 day moving average of $32.93 and a 200 day moving average of $30.76. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a market cap of $33.75 billion, a P/E ratio of 11.86, a P/E/G ratio of 4.94 and a beta of 0.94. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were given a dividend of $0.4325 per share. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date of this dividend was Wednesday, September 18th. VICI Properties’s payout ratio is 64.07%.

Analyst Ratings Changes

Several brokerages have weighed in on VICI. JMP Securities increased their price objective on VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a report on Friday, November 1st. Wells Fargo & Company reiterated 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. Finally, 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. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $34.11.

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.