Banque Cantonale Vaudoise buys new stakes in VICI Properties Inc. (NYSE:VICI)

VaselineSeptember 3, 2024

0 3 minutes read

Banque Cantonale Vaudoise bought a new stake in VICI Properties Inc. (NYSE:VICI – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,759 shares of the company’s stock, valued at approximately $308,000.

Several other institutional investors have also recently bought and sold shares of the stock. Tucker Asset Management LLC increased its holdings in VICI Properties by 1,888.9% during the 4th quarter. Tucker Asset Management LLC now owns 1,074 shares of the company’s stock worth $34,000 after buying an additional 1,020 shares during the period . Quarry LP boosted its holdings in VICI Properties by 143.1% in the 4th quarter. Quarry LP now owns 1,259 shares of the company’s stock worth $40,000 after buying an additional 741 shares during the period. UMB Bank raised its holdings in VICI Properties by 254.4% in the second quarter. UMB Bank now owns 1,368 shares of the company’s stock worth $39,000 after buying an additional 982 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in VICI Properties in the second quarter valued at approximately $43,000. Finally, Rothschild Investment LLC purchased a new stake in VICI Properties in the second quarter valued at about $47,000. 97.71% of the shares are currently owned by hedge funds and other institutional investors.

VICI Properties stocks rose 1.3%

Shares of VICI opened at $33.48 on Tuesday. VICI Properties Inc. it has a twelve month low of $26.63 and a twelve month high of $33.51. 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 firm has a market cap of $35.06 billion, a PE ratio of 13.23, a price-to-earnings-growth ratio of 5.26 and a beta of 0.94. The company has a 50-day moving average of $30.61 and a 200-day moving average of $29.53.

VICI Properties announces dividend

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The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Tuesday, June 18th were given a dividend of $0.415 per share. This represents a dividend of $1.66 on an annualized basis and a yield of 4.96%. The ex-dividend date of this dividend was Tuesday, June 18th. VICI Properties’ dividend payout ratio (DPR) is currently 65.61%.

Analyst upgrades and downgrades

Several research firms have weighed in on VICI. Morgan Stanley reiterated an “equal weight” rating and issued a $33.00 price objective on shares of VICI Properties in a report on Friday, June 21st. Scotiabank boosted their price target on VICI Properties from $32.00 to $34.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 16th. Mizuho boosted their price target on VICI Properties from $31.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Finally, Evercore ISI boosted their price target on VICI Properties from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $33.44, according to MarketBeat.com.

Get the latest VICI property report

VICI Properties Profile

(Free report)

VICI Properties Inc is an experienced S&P 500 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 Venetian Resort Las Vegas, three of the most emblematic. entertainment facilities on the Las Vegas Strip.