Ingalls & Snyder LLC Has $733,000 Position in VICI Properties Inc. (NYSE:VICI)

Ingalls & Snyder LLC lifted its position in VICI Properties Inc. (NYSE:VICI) by 21.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,000 shares of the company’s stock after acquiring an additional 3,825 shares during the period. Ingalls & Snyder LLC’s holdings in VICI Properties were worth $733,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Quarry LP grew its holdings in shares of VICI Properties by 780.5% in the 2nd quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after buying an additional 999 shares during the period. UMB Bank n.a. raised its position in shares of VICI Properties by 254.4% during the second quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock worth $39,000 after purchasing an additional 982 shares during the period. Carmichael Hill & Associates Inc. lifted its holdings in shares of VICI Properties by 363.2% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock valued at $40,000 after purchasing an additional 1,104 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of VICI Properties in the 2nd quarter valued at approximately $43,000. Finally, Rothschild Investment LLC bought a new stake in VICI Properties during the 2nd quarter worth approximately $47,000. Institutional investors own 97.71% of the company’s stock.

Analysts Set New Price Targets

VICI has been the topic of a number of research reports. Evercore ISI lifted their price target on shares of VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $36.00 price objective (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. JMP Securities increased their target price on VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st. Finally, Mizuho cut their price target on VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a report on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $34.22.

VICI Properties Stock Down 1.7 %

VICI stock opened at $31.65 on Wednesday. VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.29. The company has a market cap of $33.36 billion, a price-to-earnings ratio of 11.72, a P/E/G ratio of 4.27 and a beta of 0.93. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The business has a 50 day moving average price of $32.29 and a two-hundred day moving average price of $31.14.

VICI Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.47%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. VICI Properties’s payout ratio is presently 64.07%.

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.