GSA Capital Partners LLP Has $2.27 Million Stock Position in VICI Properties Inc. (NYSE:VICI)

GSA Capital Partners LLP raised its holdings in VICI Properties Inc. (NYSE:VICI) by 477.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 68,082 shares of the company’s stock after purchasing an additional 56,299 shares during the quarter. GSA Capital Partners LLP’s holdings in VICI Properties were worth $2,268,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VICI. Carmel Capital Partners LLC increased its stake in shares of VICI Properties by 1.0% during the third quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company’s stock worth $1,177,000 after purchasing an additional 367 shares during the period. Montag A & Associates Inc. increased its holdings in VICI Properties by 3.3% in the 2nd quarter. Montag A & Associates Inc. now owns 12,297 shares of the company’s stock valued at $357,000 after buying an additional 389 shares during the period. MAS Advisors LLC raised its position in shares of VICI Properties by 2.8% in the 2nd quarter. MAS Advisors LLC now owns 14,745 shares of the company’s stock valued at $422,000 after buying an additional 398 shares in the last quarter. Insight Folios Inc lifted its holdings in shares of VICI Properties by 2.5% during the 3rd quarter. Insight Folios Inc now owns 18,035 shares of the company’s stock worth $601,000 after acquiring an additional 433 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of VICI Properties by 23.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 2,350 shares of the company’s stock valued at $78,000 after purchasing an additional 442 shares in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on VICI shares. Evercore ISI upped their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. JMP Securities upped their target price on VICI Properties from $34.00 to $35.00 and gave the stock a “market outperform” rating in a report on Friday, November 1st. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $36.00 price target (up from $33.00) on shares of VICI Properties in a research note on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.11.

VICI Properties Price Performance

Shares of VICI opened at $31.28 on Tuesday. The business has a 50-day moving average of $32.76 and a 200-day moving average of $30.84. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The company has a market capitalization of $32.97 billion, a price-to-earnings ratio of 11.59, a price-to-earnings-growth ratio of 4.80 and a beta of 0.94. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29.

VICI Properties Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 18th were issued a dividend of $0.4325 per share. This is a positive change from VICI Properties’s previous quarterly dividend of $0.42. The ex-dividend date was Wednesday, September 18th. This represents a $1.73 annualized dividend and a yield of 5.53%. VICI Properties’s dividend payout ratio (DPR) is presently 64.07%.

VICI Properties 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.