VICI Properties Inc. (NYSE:VICI) Holdings Increased by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of VICI Properties Inc. (NYSE:VICI) by 12.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,222 shares of the company’s stock after purchasing an additional 3,169 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in VICI Properties were worth $940,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Quarry LP lifted its stake in VICI Properties by 780.5% during the second quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after buying an additional 999 shares in the last quarter. UMB Bank n.a. boosted its position in shares of VICI Properties by 254.4% in the second quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock worth $39,000 after buying an additional 982 shares during the period. Carmichael Hill & Associates Inc. grew its holdings in shares of VICI Properties by 363.2% during the second quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock valued at $40,000 after buying an additional 1,104 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in VICI Properties in the 2nd quarter worth about $43,000. Finally, Rothschild Investment LLC acquired a new stake in VICI Properties during the 2nd quarter worth about $47,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on VICI shares. JMP Securities raised their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company a “market outperform” rating in a research report on Friday, November 1st. Mizuho decreased their price target on VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday. Evercore ISI increased their price target on shares of VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. 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 research report on Tuesday, October 1st. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, VICI Properties currently has an average rating of “Moderate Buy” and a consensus target price of $34.22.

VICI Properties Price Performance

VICI Properties stock opened at $31.66 on Friday. The company has a market capitalization of $33.38 billion, a price-to-earnings ratio of 11.73, a PEG ratio of 4.15 and a beta of 0.94. The stock’s 50 day moving average is $32.58 and its 200-day moving average is $30.88. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29.

VICI Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 18th were given a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.46%. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Wednesday, September 18th. VICI Properties’s dividend payout ratio (DPR) is currently 64.07%.

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.