MML Investors Services LLC Has $1.93 Million Holdings in VICI Properties Inc. (NYSE:VICI)

MML Investors Services LLC increased its position in shares of VICI Properties Inc. (NYSE:VICI) by 21.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 57,929 shares of the company’s stock after buying an additional 10,073 shares during the period. MML Investors Services LLC’s holdings in VICI Properties were worth $1,930,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VICI. Quarry LP raised its position in shares of VICI Properties by 780.5% in the 2nd 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. increased its holdings in 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 purchasing an additional 982 shares in the last quarter. Carmichael Hill & Associates Inc. increased its holdings in VICI Properties by 363.2% in the second quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock worth $40,000 after purchasing an additional 1,104 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in VICI Properties in the second quarter valued at approximately $43,000. Finally, Rothschild Investment LLC bought a new position in shares of VICI Properties during the 2nd quarter worth approximately $47,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Price Performance

VICI stock opened at $30.94 on Tuesday. 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 business has a 50-day simple moving average of $32.03 and a two-hundred day simple moving average of $31.31. The company has a market capitalization of $32.62 billion, a P/E ratio of 11.46, a price-to-earnings-growth ratio of 4.12 and a beta of 0.93. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Tuesday, December 17th will be issued a dividend of $0.4325 per share. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $1.73 annualized dividend and a yield of 5.59%. VICI Properties’s dividend payout ratio (DPR) is currently 64.07%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Mizuho dropped their target price on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, November 14th. Wells Fargo & Company reissued an “overweight” rating and set a $36.00 price objective (up previously from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. JMP Securities reaffirmed a “market outperform” rating and issued a $35.00 target price on shares of VICI Properties in a research report on Wednesday, December 11th. 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. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, VICI Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.67.

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.