VICI Properties Inc (VICI) Position Raised by Three Peaks Capital Management LLC

Three Peaks Capital Management LLC increased its holdings in VICI Properties Inc (NYSE:VICI) by 37.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 130,301 shares of the company’s stock after purchasing an additional 35,463 shares during the period. Three Peaks Capital Management LLC’s holdings in VICI Properties were worth $2,447,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Comerica Bank boosted its stake in VICI Properties by 31.0% during the third quarter. Comerica Bank now owns 14,311 shares of the company’s stock worth $306,000 after buying an additional 3,389 shares during the period. Public Employees Retirement Association of Colorado lifted its stake in VICI Properties by 35.2% in the third quarter. Public Employees Retirement Association of Colorado now owns 13,689 shares of the company’s stock worth $296,000 after acquiring an additional 3,565 shares during the period. Enterprise Financial Services Corp purchased a new stake in VICI Properties in the fourth quarter worth about $72,000. First Hawaiian Bank purchased a new stake in VICI Properties in the third quarter worth about $120,000. Finally, Tower Research Capital LLC TRC purchased a new stake in VICI Properties in the second quarter worth about $120,000.

Shares of NYSE:VICI opened at $21.57 on Thursday. VICI Properties Inc has a 1 year low of $17.58 and a 1 year high of $22.37. The company has a debt-to-equity ratio of 0.66, a current ratio of 65.13 and a quick ratio of 65.13.

VICI has been the subject of a number of research reports. Zacks Investment Research lowered shares of VICI Properties from a “hold” rating to a “sell” rating in a research note on Saturday, January 5th. SunTrust Banks began coverage on shares of VICI Properties in a report on Monday, November 19th. They issued a “buy” rating and a $26.00 price target on the stock. Robert W. Baird began coverage on shares of VICI Properties in a report on Wednesday, October 24th. They issued an “outperform” rating and a $26.00 price target on the stock. Goldman Sachs Group upgraded shares of VICI Properties from a “neutral” rating to a “buy” rating and set a $23.00 price target on the stock in a report on Thursday, January 10th. Finally, LADENBURG THALM/SH SH initiated coverage on VICI Properties in a research report on Wednesday, January 16th. They issued a “buy” rating and a $24.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $23.60.

COPYRIGHT VIOLATION WARNING: “VICI Properties Inc (VICI) Position Raised by Three Peaks Capital Management LLC” was first posted by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this story can be read at https://www.baseballdailydigest.com/news/2019/02/14/vici-properties-inc-vici-stake-increased-by-three-peaks-capital-management-llc.html.

VICI Properties Company Profile

VICI Properties Inc, an asset real estate investment trust, owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. It operates through two segments, Real Property Business and Golf Course Business. The company's property portfolio includes 20 gaming facilities comprising approximately 36 million square feet, as well as approximately 14,500 hotel rooms, 150 restaurants, bars, and nightclubs.

See Also: How Do Mutual Funds Work?

Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

Receive News & Ratings for VICI Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VICI Properties and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply