Aew Capital Management L P Has $125.62 Million Position in VICI Properties Inc. (NYSE:VICI)

Aew Capital Management L P decreased its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,940,332 shares of the company's stock after selling 58,697 shares during the period. VICI Properties comprises about 4.6% of Aew Capital Management L P's portfolio, making the stock its 6th largest holding. Aew Capital Management L P owned approximately 0.38% of VICI Properties worth $125,618,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bell Investment Advisors Inc grew its position in shares of VICI Properties by 77.7% during the third quarter. Bell Investment Advisors Inc now owns 938 shares of the company's stock worth $27,000 after acquiring an additional 410 shares during the last quarter. Alaska Permanent Fund Corp grew its position in shares of VICI Properties by 87.4% during the third quarter. Alaska Permanent Fund Corp now owns 999 shares of the company's stock worth $29,000 after acquiring an additional 466 shares during the last quarter. HBC Financial Services PLLC bought a new position in shares of VICI Properties during the fourth quarter worth about $31,000. ING Groep NV bought a new position in shares of VICI Properties during the third quarter worth about $36,000. Finally, Blue Trust Inc. grew its position in shares of VICI Properties by 455.3% during the fourth quarter. Blue Trust Inc. now owns 1,144 shares of the company's stock worth $36,000 after acquiring an additional 938 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

Insider Activity

In other VICI Properties news, Director James R. Abrahamson bought 3,000 shares of the company's stock in a transaction dated Thursday, March 14th. The shares were bought at an average price of $28.85 per share, for a total transaction of $86,550.00. Following the acquisition, the director now directly owns 139,342 shares of the company's stock, valued at $4,020,016.70. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.25% of the stock is owned by corporate insiders.

Analyst Ratings Changes

VICI has been the subject of several research analyst reports. Wells Fargo & Company reduced their price objective on shares of VICI Properties from $34.00 to $32.00 and set an "overweight" rating for the company in a report on Wednesday, March 6th. Morgan Stanley upped their price objective on shares of VICI Properties from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Monday, March 18th. Finally, Mizuho reduced their price objective on shares of VICI Properties from $34.00 to $31.00 and set a "buy" rating for the company in a report on Thursday, March 7th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, VICI Properties has a consensus rating of "Moderate Buy" and an average price target of $34.36.

VICI Properties Trading Down 0.3 %

VICI stock traded down $0.08 during mid-day trading on Friday, reaching $28.47. 6,216,744 shares of the stock traded hands, compared to its average volume of 6,207,078. The company has a market cap of $29.70 billion, a P/E ratio of 11.48, a P/E/G ratio of 6.39 and a beta of 0.90. VICI Properties Inc. has a 52-week low of $26.63 and a 52-week high of $34.05. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 0.65. The stock's fifty day moving average is $29.03 and its 200-day moving average is $29.60.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were issued a $0.415 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.83%. VICI Properties's dividend payout ratio is 66.94%.

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.

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