Caxton Associates LP Acquires New Position in VICI Properties Inc. (NYSE:VICI)

Caxton Associates LP acquired a new stake in shares of VICI Properties Inc. (NYSE:VICI) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,257 shares of the company’s stock, valued at approximately $484,000.

A number of other large investors also recently modified their holdings of VICI. Blue Trust Inc. raised its holdings in shares of VICI Properties by 455.3% during the 4th quarter. Blue Trust Inc. now owns 1,144 shares of the company’s stock valued at $36,000 after buying an additional 938 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of VICI Properties by 8.6% during the 4th quarter. Fifth Third Bancorp now owns 35,372 shares of the company’s stock valued at $1,128,000 after buying an additional 2,796 shares in the last quarter. Secure Asset Management LLC raised its holdings in shares of VICI Properties by 2.0% during the 4th quarter. Secure Asset Management LLC now owns 35,566 shares of the company’s stock valued at $1,134,000 after buying an additional 693 shares in the last quarter. First Citizens Bank & Trust Co. grew its position in VICI Properties by 12.1% during the 4th quarter. First Citizens Bank & Trust Co. now owns 9,830 shares of the company’s stock worth $313,000 after acquiring an additional 1,061 shares during the last quarter. Finally, Oak Thistle LLC bought a new position in VICI Properties during the 4th quarter worth approximately $1,377,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on VICI. Mizuho raised their price target on VICI Properties from $31.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, May 10th. Morgan Stanley restated an “equal weight” rating and set a $33.00 price target on shares of VICI Properties in a research report on Friday, June 21st. Finally, Scotiabank lifted their price objective on VICI Properties from $32.00 to $34.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 16th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, VICI Properties has an average rating of “Moderate Buy” and an average price target of $33.44.

VICI Properties Stock Up 0.6 %

VICI opened at $31.42 on Wednesday. The stock has a market cap of $32.78 billion, a PE ratio of 12.42, a PEG ratio of 2.76 and a beta of 0.92. The business has a 50 day moving average of $28.84 and a 200-day moving average of $29.22. VICI Properties Inc. has a 52 week low of $26.63 and a 52 week high of $32.68.

VICI Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Tuesday, June 18th were paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date was Tuesday, June 18th. VICI Properties’s payout ratio is presently 65.61%.

VICI Properties Company 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.