Aviva PLC reduced its holdings in shares of VICI Properties Inc. (NYSE:VICI – Get Rating) by 10.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 130,747 shares of the company’s stock after selling 15,846 shares during the period. Aviva PLC’s holdings in VICI Properties were worth $4,236,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bleakley Financial Group LLC acquired a new position in shares of VICI Properties in the 4th quarter worth approximately $1,810,000. ExodusPoint Capital Management LP acquired a new position in VICI Properties in the third quarter valued at about $3,502,000. Quadrant Capital Group LLC grew its stake in VICI Properties by 5.8% during the third quarter. Quadrant Capital Group LLC now owns 6,753 shares of the company’s stock worth $202,000 after buying an additional 368 shares during the last quarter. State Board of Administration of Florida Retirement System grew its stake in VICI Properties by 1.4% during the third quarter. State Board of Administration of Florida Retirement System now owns 830,773 shares of the company’s stock worth $24,799,000 after buying an additional 11,489 shares during the last quarter. Finally, Meiji Yasuda Life Insurance Co acquired a new stake in shares of VICI Properties during the third quarter worth approximately $498,000.
Analysts Set New Price Targets
VICI has been the topic of a number of research analyst reports. JMP Securities restated a “market outperform” rating and set a $38.00 price target on shares of VICI Properties in a research report on Tuesday, March 21st. Wolfe Research lowered their target price on VICI Properties from $46.00 to $37.00 and set an “outperform” rating for the company in a research note on Wednesday, March 22nd. Mizuho started coverage on shares of VICI Properties in a research report on Wednesday, April 5th. They set a “buy” rating and a $35.00 price target on the stock. LADENBURG THALM/SH SH raised their price objective on shares of VICI Properties from $34.50 to $37.00 in a research report on Monday, May 1st. Finally, Raymond James upped their target price on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday, April 6th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $36.92.
VICI Properties Stock Up 1.3 %
VICI Properties Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, April 6th. Stockholders of record on Thursday, March 23rd were paid a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, March 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.95%. VICI Properties’s dividend payout ratio (DPR) is presently 109.09%.
About VICI Properties
VICI Properties, Inc is a real estate investment trust, which owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property.
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