VICI Properties Inc. (NYSE:VICI) Shares Acquired by Strs Ohio

Strs Ohio lifted its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 84.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,418,990 shares of the company's stock after purchasing an additional 1,106,488 shares during the period. Strs Ohio owned approximately 0.23% of VICI Properties worth $77,117,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VICI. RB Capital Management LLC grew its holdings in shares of VICI Properties by 19.5% in the first quarter. RB Capital Management LLC now owns 20,921 shares of the company's stock valued at $595,000 after purchasing an additional 3,415 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of VICI Properties in the first quarter valued at approximately $357,000. MetLife Investment Management LLC acquired a new position in shares of VICI Properties in the first quarter valued at approximately $358,000. Great West Life Assurance Co. Can grew its holdings in VICI Properties by 0.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 144,291 shares of the company's stock worth $4,334,000 after acquiring an additional 485 shares in the last quarter. Finally, Yousif Capital Management LLC grew its holdings in VICI Properties by 11.9% during the 1st quarter. Yousif Capital Management LLC now owns 36,900 shares of the company's stock worth $1,050,000 after acquiring an additional 3,938 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company's stock.

Insider Transactions at VICI Properties

In other VICI Properties news, Director James R. Abrahamson purchased 3,000 shares of VICI Properties stock in a transaction that occurred on Thursday, March 14th. The stock was purchased at an average price of $28.85 per share, for a total transaction of $86,550.00. Following the transaction, the director now directly owns 139,342 shares in the company, valued at $4,020,016.70. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.25% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Mizuho lowered their price target on shares of VICI Properties from $34.00 to $31.00 and set a "buy" rating for the company in a report on Thursday, March 7th. Morgan Stanley boosted their price target on shares of VICI Properties from $32.00 to $33.00 and gave the stock an "equal weight" rating in a report on Monday, March 18th. Finally, Wells Fargo & Company lowered their price target on shares of VICI Properties from $34.00 to $32.00 and set an "overweight" rating for the company in a report on Wednesday, March 6th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, VICI Properties currently has a consensus rating of "Moderate Buy" and a consensus price target of $34.36.

VICI Properties Stock Down 0.9 %

Shares of NYSE:VICI traded down $0.26 during trading on Friday, hitting $27.94. 4,746,776 shares of the company were exchanged, compared to its average volume of 5,636,943. The stock has a market capitalization of $29.15 billion, a P/E ratio of 11.27, a PEG ratio of 6.27 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 2.97. VICI Properties Inc. has a 12-month low of $26.63 and a 12-month high of $34.05. The firm's 50 day moving average price is $29.34 and its 200-day moving average price is $29.67.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were given a dividend of $0.415 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.66 annualized dividend and a dividend yield of 5.94%. VICI Properties's dividend payout ratio is presently 66.94%.

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.