BNP PARIBAS ASSET MANAGEMENT Holding S.A. Acquires 14,148 Shares of VICI Properties Inc. (NYSE:VICI)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in VICI Properties Inc. (NYSE:VICI) by 2.8% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 511,285 shares of the company’s stock after buying an additional 14,148 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in VICI Properties were worth $17,031,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of VICI. Commerce Bank grew its position in VICI Properties by 12.7% in the 3rd quarter. Commerce Bank now owns 14,232 shares of the company’s stock worth $474,000 after purchasing an additional 1,608 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of VICI Properties by 10.2% in the third quarter. PNC Financial Services Group Inc. now owns 94,328 shares of the company’s stock worth $3,142,000 after acquiring an additional 8,748 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in VICI Properties during the third quarter valued at $761,000. Banque Cantonale Vaudoise boosted its position in VICI Properties by 169.2% in the third quarter. Banque Cantonale Vaudoise now owns 28,960 shares of the company’s stock worth $965,000 after purchasing an additional 18,201 shares during the last quarter. Finally, Prospera Financial Services Inc grew its stake in shares of VICI Properties by 2.6% during the 3rd quarter. Prospera Financial Services Inc now owns 98,299 shares of the company’s stock valued at $3,274,000 after purchasing an additional 2,493 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

NYSE:VICI opened at $32.23 on Friday. The business’s 50-day simple moving average is $32.42 and its two-hundred day simple moving average is $31.00. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29. The stock has a market cap of $33.98 billion, a PE ratio of 11.94, a P/E/G ratio of 4.29 and a beta of 0.94. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63.

VICI Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were paid a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a yield of 5.37%. The ex-dividend date of this dividend was Wednesday, September 18th. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Analysts Set New Price Targets

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

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.