Quantinno Capital Management LP Has $1.28 Million Stake in VICI Properties Inc. (NYSE:VICI)

Quantinno Capital Management LP raised its stake in VICI Properties Inc. (NYSE:VICI) by 87.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,298 shares of the company’s stock after buying an additional 17,825 shares during the quarter. Quantinno Capital Management LP’s holdings in VICI Properties were worth $1,276,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of VICI Properties by 599.3% in 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 acquiring an additional 7,658,819 shares in the last quarter. Los Angeles Capital Management LLC grew its holdings in shares of 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 in the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of 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 in the last quarter. Hsbc Holdings PLC grew its holdings in shares of 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company’s stock valued at $393,847,000 after purchasing an additional 770,195 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Trading Down 0.7 %

NYSE VICI opened at $31.09 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a one year low of $27.08 and a one year high of $34.29. The business has a 50 day simple moving average of $32.09 and a 200 day simple moving average of $31.22. The stock has a market capitalization of $32.77 billion, a P/E ratio of 11.51, a P/E/G ratio of 4.19 and a beta of 0.93.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th will be issued a $0.4325 dividend. The ex-dividend date is Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.56%. VICI Properties’s dividend payout ratio is presently 64.07%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Evercore ISI raised their price target on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Mizuho dropped their price target on VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a report on Thursday, November 14th. Wells Fargo & Company reissued an “overweight” rating and set a $36.00 price target (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a report on Wednesday. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $34.00.

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.