Ontario Teachers Pension Plan Board Makes New $436,000 Investment in VICI Properties Inc. (NYSE:VICI)

Ontario Teachers Pension Plan Board acquired a new position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,918 shares of the company's stock, valued at approximately $436,000.

Other hedge funds have also made changes to their positions in the company. D.A. Davidson & CO. boosted its holdings in shares of VICI Properties by 3.2% in the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock valued at $321,000 after purchasing an additional 340 shares during the last quarter. Carret Asset Management LLC raised its position in shares of VICI Properties by 0.5% in the 4th 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 holdings in VICI Properties by 0.9% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock valued at $1,206,000 after acquiring an additional 372 shares during the last quarter. V Square Quantitative Management LLC grew its position in VICI Properties by 3.3% during the fourth 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. Finally, Avantax Advisory Services Inc. increased its stake in VICI Properties by 0.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 69,911 shares of the company's stock worth $2,042,000 after acquiring an additional 408 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Stock Up 1.6 %

Shares of VICI Properties stock traded up $0.51 during trading hours on Friday, hitting $32.56. 8,361,174 shares of the company's stock traded hands, compared to its average volume of 6,037,118. VICI Properties Inc. has a twelve month low of $27.53 and a twelve month high of $34.29. The company has a market cap of $34.40 billion, a PE ratio of 12.72, a PEG ratio of 3.88 and a beta of 0.70. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $31.61 and a 200-day simple moving average of $31.14.

VICI Properties (NYSE:VICI - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share 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 during the quarter, compared to the consensus estimate of $969.29 million. Equities research analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were given a $0.4325 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.31%. VICI Properties's payout ratio is currently 67.58%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. JMP Securities reaffirmed a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Barclays lifted their price target 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. Wells Fargo & Company increased their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research report on Monday, March 10th. Stifel Nicolaus lifted their target price on shares of VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a report on Thursday, March 27th. Finally, Mizuho increased their price target on VICI Properties from $30.00 to $34.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, VICI Properties presently has an average rating of "Moderate Buy" and a consensus price target of $34.63.

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.