BNP Paribas Financial Markets Has $55.74 Million Holdings in VICI Properties Inc. (NYSE:VICI)

BNP Paribas Financial Markets lifted its position in VICI Properties Inc. (NYSE:VICI) by 80.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,673,230 shares of the company’s stock after acquiring an additional 748,378 shares during the period. BNP Paribas Financial Markets’ holdings in VICI Properties were worth $55,735,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Price T Rowe Associates Inc. MD lifted its stake in VICI Properties by 2.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,496,576 shares of the company’s stock worth $44,584,000 after acquiring an additional 29,145 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in shares of VICI Properties by 8.7% during the first quarter. B. Riley Wealth Advisors Inc. now owns 11,485 shares of the company’s stock worth $339,000 after purchasing an additional 915 shares during the period. Tidal Investments LLC grew its position in VICI Properties by 12.2% during the first quarter. Tidal Investments LLC now owns 55,805 shares of the company’s stock valued at $1,662,000 after purchasing an additional 6,049 shares in the last quarter. Swedbank AB acquired a new position in VICI Properties in the 1st quarter valued at approximately $5,680,000. Finally, Cetera Investment Advisers lifted its position in VICI Properties by 359.6% in the 1st quarter. Cetera Investment Advisers now owns 93,455 shares of the company’s stock worth $2,784,000 after buying an additional 73,123 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Up 0.7 %

Shares of VICI stock opened at $32.60 on Friday. The company has a market capitalization of $34.37 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 4.32 and a beta of 0.94. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The stock’s 50 day simple moving average is $32.35 and its 200 day simple moving average is $31.08. VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.29.

VICI Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Wednesday, September 18th were paid a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.31%. This is a boost from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. VICI Properties’s payout ratio is presently 64.07%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on VICI shares. JMP Securities upped 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 target price on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Mizuho reduced their price target on VICI Properties from $34.00 to $33.00 and set an “outperform” rating for the company in a report on Thursday, November 14th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $36.00 price objective (up previously from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and an average target price of $34.22.

About VICI Properties

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.