VICI Properties Inc. (NYSE:VICI) Shares Sold by Vanderbilt University

Vanderbilt University trimmed its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 14.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,783 shares of the company's stock after selling 15,453 shares during the quarter. Vanderbilt University's holdings in VICI Properties were worth $2,769,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in VICI Properties by 599.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company's stock valued at $297,685,000 after buying an additional 7,658,819 shares during the last quarter. Los Angeles Capital Management LLC increased its holdings in shares of VICI Properties by 367.8% in the 3rd quarter. Los Angeles Capital Management LLC now owns 2,219,378 shares of the company's stock valued at $73,927,000 after acquiring an additional 1,744,939 shares during the last quarter. State Street Corp raised its position in shares of VICI Properties by 2.1% during the 3rd quarter. State Street Corp now owns 55,548,393 shares of the company's stock worth $1,873,869,000 after acquiring an additional 1,164,717 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in VICI Properties by 127.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,715,143 shares of the company's stock worth $50,099,000 after purchasing an additional 960,706 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company's stock valued at $393,847,000 after purchasing an additional 770,195 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

VICI Properties Stock Performance

Shares of VICI stock traded down $0.01 during mid-day trading on Friday, hitting $30.12. The stock had a trading volume of 5,781,217 shares, compared to its average volume of 5,728,878. 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 current ratio of 2.61 and a quick ratio of 2.61. The company's 50-day simple moving average is $29.83 and its 200-day simple moving average is $31.47. The firm has a market cap of $31.76 billion, a PE ratio of 11.16, a PEG ratio of 3.80 and a beta of 0.95.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were issued a $0.4325 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 5.74%. The ex-dividend date of this dividend was Tuesday, December 17th. VICI Properties's dividend payout ratio is presently 64.07%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VICI. JMP Securities reissued a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Barclays reduced their price target on shares of VICI Properties from $36.00 to $35.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Mizuho cut their target price on VICI Properties from $33.00 to $30.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 8th. Wedbush downgraded VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, Truist Financial decreased their price target on shares of VICI Properties from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock 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.