VICI Properties Inc. (NYSE:VICI) Holdings Cut by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D reduced its position in VICI Properties Inc. (NYSE:VICI - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 948,870 shares of the company's stock after selling 24,709 shares during the quarter. State of New Jersey Common Pension Fund D owned about 0.09% of VICI Properties worth $27,716,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. CHURCHILL MANAGEMENT Corp raised its position in shares of VICI Properties by 2.9% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company's stock worth $9,103,000 after buying an additional 8,834 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of VICI Properties by 8.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company's stock worth $18,268,000 after buying an additional 40,733 shares during the period. Border to Coast Pensions Partnership Ltd raised its position in shares of VICI Properties by 40.0% in the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company's stock worth $13,282,000 after buying an additional 130,000 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of VICI Properties by 7.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company's stock worth $393,847,000 after buying an additional 770,195 shares during the period. Finally, Brookstone Capital Management purchased a new position in shares of VICI Properties in the 4th quarter worth $359,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VICI. JMP Securities reiterated a "market outperform" rating and issued a $35.00 price target on shares of VICI Properties in a report on Monday, January 27th. Mizuho lowered their price target on VICI Properties from $33.00 to $30.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Barclays lowered their price target on VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Truist Financial lowered their price target 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, Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $34.22.

VICI Properties Stock Up 0.9 %

Shares of VICI Properties stock traded up $0.27 during trading hours on Thursday, hitting $30.75. 4,572,321 shares of the company's stock traded hands, compared to its average volume of 6,293,754. The stock has a 50 day simple moving average of $29.59 and a 200-day simple moving average of $31.43. 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 company has a market cap of $32.41 billion, a PE ratio of 11.39, a PEG ratio of 3.83 and a beta of 0.95. VICI Properties Inc. has a twelve month low of $27.08 and a twelve month high of $34.29.

VICI Properties (NYSE:VICI - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.67 by ($0.10). VICI Properties had a return on equity of 10.80% and a net margin of 73.90%. Equities research analysts anticipate that VICI Properties Inc. will post 2.26 earnings per share for the current fiscal year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Tuesday, December 17th were paid a $0.4325 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a yield of 5.63%. VICI Properties's dividend payout ratio (DPR) is 64.07%.

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.