State of Alaska Department of Revenue Sells 20,113 Shares of VICI Properties Inc. (NYSE:VICI)

State of Alaska Department of Revenue lowered its position in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 623,189 shares of the company's stock after selling 20,113 shares during the quarter. State of Alaska Department of Revenue owned 0.06% of VICI Properties worth $18,202,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Continuum Advisory LLC boosted its stake in VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company's stock worth $50,000 after purchasing an additional 374 shares during the period. UMB Bank n.a. raised its position in VICI Properties by 37.4% in the 3rd quarter. UMB Bank n.a. now owns 1,880 shares of the company's stock valued at $63,000 after buying an additional 512 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in VICI Properties by 512.6% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,948 shares of the company's stock valued at $65,000 after acquiring an additional 1,630 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in VICI Properties during the 3rd quarter worth approximately $67,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of VICI Properties by 340.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,200 shares of the company's stock worth $74,000 after acquiring an additional 1,700 shares in the last quarter. Institutional investors own 97.71% of the company's stock.

VICI Properties Price Performance

Shares of NYSE VICI traded down $0.15 during midday trading on Monday, reaching $29.97. The company's stock had a trading volume of 4,662,071 shares, compared to its average volume of 6,457,301. The company has a market cap of $31.59 billion, a P/E ratio of 11.10, a P/E/G ratio of 3.80 and a beta of 0.95. VICI Properties Inc. has a fifty-two week low of $27.08 and a fifty-two week 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 business's 50 day moving average price is $29.83 and its two-hundred day moving average price is $31.49.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.4325 per share. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.77%. VICI Properties's payout ratio is 64.07%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Mizuho reduced their target price on shares of VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. 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. KeyCorp reiterated a "sector weight" rating on shares of VICI Properties in a report on Tuesday, December 17th. Wedbush lowered VICI Properties from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Finally, Barclays cut their price objective on VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $34.22.

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.