VICI Properties Inc. (NYSE:VICI) Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its stake in shares of VICI Properties Inc. (NYSE:VICI) by 40.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,801 shares of the company’s stock after acquiring an additional 2,819 shares during the period. Teacher Retirement System of Texas’ holdings in VICI Properties were worth $286,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VICI. D.A. Davidson & CO. lifted its stake in shares of VICI Properties by 3.2% during the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company’s stock worth $321,000 after purchasing an additional 340 shares during the period. Carret Asset Management LLC lifted its position in VICI Properties by 0.5% during the fourth quarter. Carret Asset Management LLC now owns 69,637 shares of the company’s stock worth $2,034,000 after buying an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC boosted its stake in VICI Properties by 0.9% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company’s stock worth $1,206,000 after buying an additional 372 shares during the last quarter. Continuum Advisory LLC grew its holdings in VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after buying an additional 374 shares during the period. Finally, V Square Quantitative Management LLC increased its stake in shares of VICI Properties by 3.3% during the 4th quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company’s stock valued at $357,000 after acquiring an additional 391 shares during the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Down 0.6 %

Shares of VICI opened at $32.43 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The stock has a market cap of $34.27 billion, a PE ratio of 12.67, a P/E/G ratio of 3.88 and a beta of 0.94. The stock’s 50-day moving average is $31.24 and its two-hundred day moving average is $31.33.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.10). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The company had revenue of $976.05 million for the quarter, compared to analyst estimates of $969.29 million. Equities analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 20th will be issued a dividend of $0.4325 per share. This represents a $1.73 dividend on an annualized basis and a yield of 5.33%. The ex-dividend date of this dividend is Thursday, March 20th. VICI Properties’s payout ratio is 67.58%.

Analysts Set New Price Targets

VICI has been the topic of several research analyst reports. Truist Financial decreased their target price on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Wells Fargo & Company boosted their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Monday, March 10th. Mizuho cut their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 8th. Wedbush downgraded VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, KeyCorp restated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $34.23.

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.