Robeco Institutional Asset Management B.V. Purchases 68,838 Shares of VICI Properties Inc. (NYSE:VICI)

Robeco Institutional Asset Management B.V. boosted its position in VICI Properties Inc. (NYSE:VICI) by 10.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 754,437 shares of the company’s stock after buying an additional 68,838 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.07% of VICI Properties worth $25,130,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of VICI Properties by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 153,674,848 shares of the company’s stock valued at $4,577,974,000 after purchasing an additional 6,755,553 shares in the last quarter. Capital International Investors grew its position in shares of VICI Properties by 7.5% during the 1st quarter. Capital International Investors now owns 67,600,000 shares of the company’s stock worth $2,013,804,000 after buying an additional 4,728,903 shares during the period. Capital Research Global Investors increased its stake in shares of VICI Properties by 8.7% in the 1st quarter. Capital Research Global Investors now owns 37,528,622 shares of the company’s stock valued at $1,117,978,000 after acquiring an additional 3,001,793 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of VICI Properties by 1.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 14,632,629 shares of the company’s stock valued at $419,073,000 after acquiring an additional 201,899 shares during the period. Finally, Legal & General Group Plc boosted its stake in VICI Properties by 1.8% during the second quarter. Legal & General Group Plc now owns 14,426,075 shares of the company’s stock worth $413,163,000 after acquiring an additional 251,313 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Price Performance

VICI stock opened at $32.02 on Wednesday. The company has a market capitalization of $33.75 billion, a P/E ratio of 11.86, a price-to-earnings-growth ratio of 4.94 and a beta of 0.94. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The business has a 50-day simple moving average of $32.93 and a two-hundred day simple moving average of $30.76. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61.

VICI Properties Increases Dividend

The business also recently declared 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. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 annualized dividend and a yield of 5.40%. This is an increase from VICI Properties’s previous quarterly dividend of $0.42. VICI Properties’s dividend payout ratio is 64.07%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VICI. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $36.00 price target (up from $33.00) on shares of VICI Properties in a research note on Tuesday, October 1st. JMP Securities boosted their target price on VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a research report on Friday, November 1st. Finally, Evercore ISI increased their price target on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, September 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 currently has a consensus rating of “Moderate Buy” and an average price target of $34.11.

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.