Stansberry Asset Management LLC grew its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 332.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 160,868 shares of the company's stock after buying an additional 123,626 shares during the quarter. Stansberry Asset Management LLC's holdings in VICI Properties were worth $5,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also made changes to their positions in VICI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in VICI Properties by 599.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company's stock worth $297,685,000 after purchasing an additional 7,658,819 shares during the last quarter. Los Angeles Capital Management LLC lifted its holdings in VICI Properties by 367.8% in the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company's stock worth $73,927,000 after purchasing an additional 1,744,939 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in VICI Properties by 101.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 3,453,547 shares of the company's stock worth $98,910,000 after purchasing an additional 1,739,147 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in VICI Properties by 35.5% in the 2nd quarter. Hsbc Holdings PLC now owns 4,520,598 shares of the company's stock worth $129,321,000 after purchasing an additional 1,185,463 shares during the last quarter. Finally, State Street Corp lifted its holdings in VICI Properties by 2.1% in the 3rd quarter. State Street Corp now owns 55,548,393 shares of the company's stock worth $1,873,869,000 after purchasing an additional 1,164,717 shares during the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.
NYSE:VICI opened at $31.77 on Thursday. VICI Properties Inc. has a 1-year low of $27.08 and a 1-year high of $34.29. The business's 50-day moving average price is $32.26 and its two-hundred day moving average price is $31.15. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $33.49 billion, a price-to-earnings ratio of 11.77, a PEG ratio of 4.19 and a beta of 0.93.
VICI has been the topic of several recent analyst reports. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $36.00 price target (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Mizuho cut their target price on VICI Properties from $34.00 to $33.00 and set an "outperform" rating for the company in a research note on Thursday, November 14th. Evercore ISI increased their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. Finally, JMP Securities increased 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. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $34.22.
Check Out Our Latest Stock Analysis on 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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