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

New York State Teachers Retirement System trimmed its stake in shares of VICI Properties Inc. (NYSE:VICI) by 12.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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’s holdings in VICI Properties were worth $27,765,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of VICI. CHURCHILL MANAGEMENT Corp increased its position in shares of VICI Properties by 2.9% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company’s stock worth $9,103,000 after purchasing an additional 8,834 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of VICI Properties by 8.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company’s stock worth $18,268,000 after purchasing an additional 40,733 shares during the period. Border to Coast Pensions Partnership Ltd boosted its position in shares of VICI Properties by 40.0% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company’s stock worth $13,282,000 after purchasing an additional 130,000 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in VICI Properties by 7.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company’s stock valued at $393,847,000 after acquiring an additional 770,195 shares during the period. Finally, Brookstone Capital Management acquired a new position in shares of VICI Properties in the fourth quarter valued at approximately $359,000. 97.71% of the stock is owned by institutional investors and hedge funds.

VICI Properties Stock Performance

Shares of NYSE VICI opened at $30.39 on Friday. The company has a market cap of $32.04 billion, a PE ratio of 11.26, a P/E/G ratio of 3.80 and a beta of 0.95. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties Inc. has a 12-month low of $27.08 and a 12-month high of $34.29. The stock has a 50 day simple moving average of $29.66 and a 200-day simple moving average of $31.45.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Tuesday, December 17th were given a $0.4325 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $1.73 annualized dividend and a yield of 5.69%. VICI Properties’s dividend payout ratio (DPR) is 64.07%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. 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 research report on Tuesday, January 14th. Wedbush downgraded shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. 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. Finally, Mizuho dropped their price target on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and a consensus price target of $34.22.

About VICI Properties

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.