VICI Properties Inc. (NYSE:VICI) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System trimmed its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 12.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 950,527 shares of the company's stock after selling 130,747 shares during the period. New York State Teachers Retirement System owned 0.09% of VICI Properties worth $27,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Carmel Capital Partners LLC increased its position in shares of VICI Properties by 1.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company's stock valued at $1,177,000 after acquiring an additional 367 shares during the period. Continuum Advisory LLC boosted its holdings in VICI Properties by 30.5% in the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock valued at $50,000 after purchasing an additional 374 shares during the last quarter. V Square Quantitative Management LLC boosted its holdings in VICI Properties by 3.3% in the fourth quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock valued at $357,000 after purchasing an additional 391 shares during the last quarter. Center For Asset Management LLC boosted its holdings in VICI Properties by 2.3% in the fourth quarter. Center For Asset Management LLC now owns 19,246 shares of the company's stock valued at $562,000 after purchasing an additional 426 shares during the last quarter. Finally, Insight Folios Inc boosted its holdings in VICI Properties by 2.5% in the third quarter. Insight Folios Inc now owns 18,035 shares of the company's stock valued at $601,000 after purchasing an additional 433 shares during the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Price Performance

Shares of VICI traded up $0.13 during mid-day trading on Wednesday, hitting $30.49. 6,735,501 shares of the company were exchanged, compared to its average volume of 6,345,083. VICI Properties Inc. has a 1-year low of $27.08 and a 1-year high of $34.29. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. The company has a 50 day moving average of $29.63 and a 200-day moving average of $31.45. The stock has a market cap of $32.14 billion, a price-to-earnings ratio of 11.29, a price-to-earnings-growth ratio of 3.83 and a beta of 0.95.

VICI Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were given a dividend of $0.4325 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 annualized dividend and a dividend yield of 5.67%. VICI Properties's dividend payout ratio (DPR) is presently 64.07%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on VICI shares. Truist Financial lowered their price target on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Mizuho lowered their price target on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Barclays lowered their price target on shares of VICI Properties from $36.00 to $35.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. KeyCorp reissued a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Finally, JMP Securities reissued a "market outperform" rating and set a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $34.22.

VICI Properties Company 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.