Acadian Asset Management LLC Boosts Position in VICI Properties Inc. (NYSE:VICI)

Acadian Asset Management LLC lifted its position in VICI Properties Inc. (NYSE:VICI) by 717.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 32,121 shares of the company’s stock after purchasing an additional 28,190 shares during the period. Acadian Asset Management LLC’s holdings in VICI Properties were worth $918,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VICI. Montag A & Associates Inc. raised its position in shares of VICI Properties by 3.3% in the second quarter. Montag A & Associates Inc. now owns 12,297 shares of the company’s stock worth $357,000 after buying an additional 389 shares in the last quarter. Bard Associates Inc. raised its holdings in shares of VICI Properties by 0.5% in the 4th quarter. Bard Associates Inc. now owns 79,612 shares of the company’s stock valued at $2,570,000 after acquiring an additional 395 shares in the last quarter. Courier Capital LLC boosted its position in shares of VICI Properties by 2.0% during the 1st quarter. Courier Capital LLC now owns 21,045 shares of the company’s stock valued at $627,000 after acquiring an additional 417 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of VICI Properties by 0.9% during the fourth quarter. Oppenheimer & Co. Inc. now owns 52,494 shares of the company’s stock worth $1,674,000 after purchasing an additional 448 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its position in shares of VICI Properties by 6.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 8,366 shares of the company’s stock worth $267,000 after purchasing an additional 489 shares during the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $34.04 on Tuesday. The company’s fifty day moving average is $31.64 and its 200 day moving average is $29.79. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.64. VICI Properties Inc. has a 52 week low of $26.63 and a 52 week high of $34.29. The stock has a market cap of $35.65 billion, a PE ratio of 13.45, a PEG ratio of 5.28 and a beta of 0.94.

VICI Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th will be issued a $0.4325 dividend. The ex-dividend date of this dividend is Wednesday, September 18th. This represents a $1.73 annualized dividend and a dividend yield of 5.08%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s payout ratio is currently 65.61%.

Analyst Ratings Changes

A number of equities analysts have commented on VICI shares. Evercore ISI boosted their price target on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday. Morgan Stanley reiterated an “equal weight” rating and issued a $33.00 target price on shares of VICI Properties in a research report on Friday, June 21st. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $33.56.

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.