VICI Properties Inc. (NYSE:VICI) Shares Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 37.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 563,320 shares of the company's stock after acquiring an additional 152,975 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.05% of VICI Properties worth $16,455,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. D.A. Davidson & CO. boosted its stake in VICI Properties by 3.2% in 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 in the last quarter. Carret Asset Management LLC lifted its stake in shares of 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 grew its holdings in shares of VICI Properties by 0.9% during the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock valued at $1,206,000 after buying an additional 372 shares during the last quarter. Continuum Advisory LLC increased its position in shares of 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 acquiring an additional 374 shares during the period. Finally, V Square Quantitative Management LLC increased its position in shares of VICI Properties by 3.3% in 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 period. Institutional investors and hedge funds own 97.71% of the company's stock.

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VICI Properties Price Performance

VICI Properties stock traded down $0.32 during midday trading on Tuesday, reaching $31.65. The company had a trading volume of 7,511,345 shares, compared to its average volume of 5,545,034. VICI Properties Inc. has a 12-month low of $27.08 and a 12-month high of $34.29. The firm's fifty day simple moving average is $30.90 and its 200-day simple moving average is $31.40. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The company has a market capitalization of $33.44 billion, a P/E ratio of 12.36, a P/E/G ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.10). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The firm had revenue of $976.05 million during the quarter, compared to analyst estimates of $969.29 million. As a group, equities analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders 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 dividend yield of 5.47%. The ex-dividend date is Thursday, March 20th. VICI Properties's payout ratio is 67.58%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on VICI shares. Wells Fargo & Company increased their price target on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Barclays boosted their target price on shares of VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Stifel Nicolaus increased their price target on VICI Properties from $33.75 to $34.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Truist Financial decreased their price objective on VICI Properties from $40.00 to $35.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Finally, Mizuho dropped their target price on VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $34.20.

VICI Properties Profile

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.