Barrow Hanley Mewhinney & Strauss LLC Sells 314,110 Shares of VICI Properties Inc. (NYSE:VICI)

Barrow Hanley Mewhinney & Strauss LLC decreased its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 2.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,569,319 shares of the company's stock after selling 314,110 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned 1.19% of VICI Properties worth $367,150,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. D.A. Davidson & CO. grew its holdings in shares of VICI Properties by 3.2% during the 4th quarter. D.A. Davidson & CO. now owns 10,994 shares of the company's stock worth $321,000 after purchasing an additional 340 shares in the last quarter. Carret Asset Management LLC increased its holdings in VICI Properties by 0.5% in the 4th quarter. Carret Asset Management LLC now owns 69,637 shares of the company's stock valued at $2,034,000 after buying an additional 354 shares during the period. Sheaff Brock Investment Advisors LLC raised its position in shares of VICI Properties by 0.9% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 41,296 shares of the company's stock valued at $1,206,000 after buying an additional 372 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of VICI Properties by 3.1% during the 4th quarter. Benjamin Edwards Inc. now owns 12,646 shares of the company's stock worth $369,000 after acquiring an additional 378 shares during the period. Finally, V Square Quantitative Management LLC lifted its holdings in shares of VICI Properties by 3.3% during the 4th quarter. V Square Quantitative Management LLC now owns 12,221 shares of the company's stock worth $357,000 after acquiring an additional 391 shares during the period. Institutional investors own 97.71% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on VICI shares. Robert W. Baird lifted their price objective on shares of VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Stifel Nicolaus lifted their price target on VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a research note on Thursday, May 1st. Wells Fargo & Company upped their price objective on VICI Properties from $34.00 to $35.00 and gave the stock an "overweight" rating in a research report on Monday, March 10th. Barclays lifted their target price on VICI Properties from $35.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Finally, Mizuho increased their target price on shares of VICI Properties from $30.00 to $34.00 and gave the stock an "outperform" rating in a report on Thursday, April 3rd. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $35.18.

VICI Properties Trading Down 0.6%

NYSE:VICI traded down $0.19 during trading hours on Wednesday, hitting $31.57. 1,558,706 shares of the company were exchanged, compared to its average volume of 5,987,767. The stock has a market capitalization of $33.35 billion, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of 3.88 and a beta of 0.74. VICI Properties Inc. has a one year low of $27.53 and a one year high of $34.29. The company has a fifty day simple moving average of $31.65 and a 200 day simple moving average of $31.05. 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 (NYSE:VICI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.58 EPS for the quarter, hitting analysts' consensus estimates of $0.58. The company had revenue of $984.20 million for the quarter, compared to analyst estimates of $976.51 million. VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The firm's quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.56 earnings per share. Sell-side analysts expect that VICI Properties Inc. will post 2.31 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th were given a dividend of $0.4325 per share. This represents a $1.73 annualized dividend and a dividend yield of 5.48%. The ex-dividend date was Thursday, March 20th. VICI Properties's dividend payout ratio (DPR) is presently 69.20%.

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.