U.S. Capital Wealth Advisors LLC Decreases Holdings in VICI Properties Inc. (NYSE:VICI)

U.S. Capital Wealth Advisors LLC trimmed its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 4.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,105 shares of the company’s stock after selling 829 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in VICI Properties were worth $576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of VICI. Cohen & Steers Inc. raised its stake in VICI Properties by 132.0% during the 4th quarter. Cohen & Steers Inc. now owns 34,784,906 shares of the company’s stock valued at $1,108,993,000 after acquiring an additional 19,788,229 shares during the last quarter. Norges Bank acquired a new position in VICI Properties during the 4th quarter worth approximately $460,431,000. Capital International Investors increased its position in VICI Properties by 17.4% during the 4th quarter. Capital International Investors now owns 62,871,097 shares of the company’s stock worth $2,004,648,000 after purchasing an additional 9,317,582 shares during the period. Vanguard Group Inc. increased its position in VICI Properties by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 153,674,848 shares of the company’s stock worth $4,577,974,000 after purchasing an additional 6,755,553 shares during the period. Finally, Daiwa Securities Group Inc. increased its position in VICI Properties by 37.9% during the 1st quarter. Daiwa Securities Group Inc. now owns 11,313,497 shares of the company’s stock worth $337,029,000 after purchasing an additional 3,109,028 shares during the period. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on VICI shares. Mizuho upped their price target on VICI Properties from $31.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, May 10th. Scotiabank increased their target price on VICI Properties from $32.00 to $34.00 and gave the company a “sector outperform” rating in a report on Thursday, May 16th. Finally, 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. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.44.

VICI Properties Stock Up 0.3 %

Shares of VICI traded up $0.08 during midday trading on Friday, reaching $31.33. 3,523,074 shares of the company were exchanged, compared to its average volume of 6,217,269. The stock has a 50-day moving average price of $29.24 and a 200-day moving average price of $29.27. The company has a market cap of $32.81 billion, a price-to-earnings ratio of 12.35, a P/E/G ratio of 3.15 and a beta of 0.92. VICI Properties Inc. has a 1-year low of $26.63 and a 1-year high of $32.68. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.64.

VICI Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Tuesday, June 18th were given a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend was Tuesday, June 18th. VICI Properties’s payout ratio is 65.61%.

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.