MAS Advisors LLC Boosts Holdings in VICI Properties Inc. (NYSE:VICI)

MAS Advisors LLC grew its holdings in VICI Properties Inc. (NYSE:VICI) by 2.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 14,745 shares of the company’s stock after buying an additional 398 shares during the period. MAS Advisors LLC’s holdings in VICI Properties were worth $422,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Avantax Advisory Services Inc. lifted its holdings in shares of VICI Properties by 6.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 8,366 shares of the company’s stock worth $267,000 after acquiring an additional 489 shares during the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of VICI Properties by 6.2% in the 4th quarter. Coldstream Capital Management Inc. now owns 9,257 shares of the company’s stock valued at $295,000 after buying an additional 539 shares during the period. Thoroughbred Financial Services LLC purchased a new position in VICI Properties during the 4th quarter valued at about $206,000. D.A. Davidson & CO. grew its position in VICI Properties by 22.6% in the 4th quarter. D.A. Davidson & CO. now owns 16,907 shares of the company’s stock valued at $539,000 after acquiring an additional 3,121 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its position in shares of VICI Properties by 50.6% during the fourth quarter. CreativeOne Wealth LLC now owns 14,773 shares of the company’s stock worth $471,000 after purchasing an additional 4,964 shares in the last quarter. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

VICI Properties Trading Down 0.7 %

NYSE VICI opened at $32.82 on Friday. The firm’s fifty day moving average price is $32.06 and its 200 day moving average price is $29.89. VICI Properties Inc. has a 12 month low of $26.63 and a 12 month high of $34.29. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.31 and a quick ratio of 2.31. The company has a market capitalization of $34.36 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 5.35 and a beta of 0.94.

VICI Properties Increases Dividend

The company also recently announced 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. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a dividend yield of 5.27%. The ex-dividend date of this dividend is Wednesday, September 18th. VICI Properties’s payout ratio is presently 65.61%.

Analysts Set New Price Targets

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

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.