VICI Properties Inc. (NYSE:VICI) Shares Sold by Heartland Bank & Trust Co

Heartland Bank & Trust Co trimmed its stake in shares of VICI Properties Inc. (NYSE:VICI) by 6.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,489 shares of the company’s stock after selling 834 shares during the quarter. Heartland Bank & Trust Co’s holdings in VICI Properties were worth $383,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VICI. Quarry LP increased its position in shares of VICI Properties by 780.5% in the second quarter. Quarry LP now owns 1,127 shares of the company’s stock worth $32,000 after acquiring an additional 999 shares in the last quarter. UMB Bank n.a. raised its stake in VICI Properties by 254.4% during the 2nd quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock valued at $39,000 after purchasing an additional 982 shares during the last quarter. Carmichael Hill & Associates Inc. raised its stake in 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 during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in VICI Properties during the 2nd quarter valued at $43,000. Finally, Rothschild Investment LLC acquired a new position in VICI Properties during the 2nd quarter valued at $47,000. 97.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on VICI. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $36.00 target price (up previously from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Evercore ISI increased their price objective on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $34.00.

VICI Properties Stock Up 0.2 %

VICI stock opened at $32.84 on Thursday. VICI Properties Inc. has a 52 week low of $26.63 and a 52 week high of $34.29. The company has a quick ratio of 2.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.64. The business has a 50-day simple moving average of $32.97 and a 200 day simple moving average of $30.49. The company has a market cap of $34.39 billion, a PE ratio of 12.88, a price-to-earnings-growth ratio of 5.15 and a beta of 0.93.

VICI Properties Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were issued a $0.4325 dividend. The ex-dividend date of this dividend was Wednesday, September 18th. This is a boost from VICI Properties’s previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a yield of 5.27%. VICI Properties’s dividend payout ratio is presently 67.84%.

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.