Cbre Investment Management Real Assets LLC has listed its shares in VICI Properties Inc. (NYSE:VICI)

Cbre Investment Management Real Assets LLC has listed its shares in VICI Properties Inc.  (NYSE:VICI)

Cbre Investment Management Listed Real Assets LLC reduced its holdings of VICI Properties Inc. shares. (NYSE:VICI – Free Report) rose 24.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 973,974 shares of the company’s stock after selling 320,193 shares during the quarter. Real Assets LLC-listed Cbre Investment Management owns approximately 0.10% of VICI Properties worth US$30,612,000 at the end of the last reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Retirement Group LLC purchased a new position in shares of VICI Properties in the first quarter worth approximately $29,000. Register Financial Advisors LLC purchased a new stake in shares of VICI Properties during the first quarter worth approximately $33,000. Tucker Asset Management LLC purchased a new position in VICI Properties in the first quarter worth approximately $38,000. Spire Wealth Management increased its stake in VICI Properties by 51.5% during the first quarter. Spire Wealth Management now owns 1,303 shares of the company’s stock worth $43,000 after purchasing an additional 443 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of VICI Properties by 62.9% during the second quarter. IFP Advisors Inc. now owns 2,363 shares of the company’s stock worth $47,000 after purchasing an additional 912 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s shares.

VICI Properties shares rise by 0.3%

VICI shares traded $0.09 higher during midday trading on Monday, reaching $28.75. 2,276,524 shares of the stock were traded, compared to an average trading volume of 5,507,518 shares. The company has a market cap of $29.74 billion, a P/E ratio of 11.97, a P/E ratio of 1.86 and a beta of 0.97. The stock has a fifty day simple moving average of $28.73 and a 200 day simple moving average of $30.43. At VICI Properties Inc. The 12 month low is $26.63 and the 12 month high is $35.07. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.68.

VICI Properties increases its profits

The company also recently announced a quarterly dividend, which was paid on Thursday, October 5th. Registered investors on Thursday, September 21 received a dividend of $0.415. This represents a dividend of $1.66 on an annualized basis and a dividend yield of 5.77%. The ex-dividend date was Wednesday, September 20th. This is a positive change from VICI Properties’ previous quarterly earnings of $0.39. VICI Properties’ payout ratio is 69.46%.

Analyst promotions and downgrades

VICI has been the subject of a number of analyst reports. Wells Fargo & Company initiated coverage of VICI Properties in a report on Wednesday, September 20th. They issued an “overweight” rating and a $36.00 price target on the stock. JMP Securities lowered their target price on VICI Properties from $38.00 to $34.00 and set a “market outperform” rating for the stock in a research report on Monday, October 16th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $32.00 target price on shares of VICI Properties in a research report on Tuesday, August 1st. Finally, Wedbush began covering VICI Properties in a report issued on Tuesday, October 3. They issued a “neutral” rating and a $31.00 price target on the stock. Three analysts have rated the stock with a hold rating, while seven have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $35.36.

Read our latest stock analysis on VICI

VICI Characteristics Profile

(Free report)

VICI Properties Inc is an S&P 500 experiential real estate investment trust with 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 iconic resort and entertainment facilities on the Las Vegas Strip. Vegas.

Read more

Want to see what other hedge funds are holding VICI? Visit HoldingsChannel.com for the latest 13F filings and insider deals for VICI Properties Inc. (NYSE:VICI – Free Report).

Institutional Ownership Quarterly for VICI Properties (NYSE:VICI)

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