Dimensional Fund Advisors LP Acquires 84,662 Shares of VICI Properties Inc. (NYSE:VICI)

Dimensional Fund Advisors LP raised its holdings in VICI Properties Inc. (NYSE:VICI - Free Report) by 0.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,294,012 shares of the company's stock after buying an additional 84,662 shares during the quarter. Dimensional Fund Advisors LP owned 1.38% of VICI Properties worth $455,700,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VICI. QRG Capital Management Inc. lifted its position in shares of VICI Properties by 5.3% in the 4th quarter. QRG Capital Management Inc. now owns 136,484 shares of the company's stock worth $4,351,000 after acquiring an additional 6,901 shares during the period. Dana Investment Advisors Inc. lifted its position in shares of VICI Properties by 2.7% in the 4th quarter. Dana Investment Advisors Inc. now owns 29,160 shares of the company's stock worth $930,000 after acquiring an additional 763 shares during the period. Valley Wealth Managers Inc. lifted its position in shares of VICI Properties by 4.3% in the 4th quarter. Valley Wealth Managers Inc. now owns 137,334 shares of the company's stock worth $4,378,000 after acquiring an additional 5,673 shares during the period. BNP Paribas Financial Markets lifted its position in shares of VICI Properties by 14.0% in the 4th quarter. BNP Paribas Financial Markets now owns 1,380,300 shares of the company's stock worth $44,004,000 after acquiring an additional 169,545 shares during the period. Finally, Donoghue Forlines LLC lifted its position in shares of VICI Properties by 16.5% in the 4th quarter. Donoghue Forlines LLC now owns 19,388 shares of the company's stock worth $618,000 after acquiring an additional 2,745 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Wells Fargo & Company reduced their price objective on VICI Properties from $34.00 to $32.00 and set an "overweight" rating for the company in a research report on Wednesday, March 6th. Mizuho raised their target price on VICI Properties from $31.00 to $32.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Morgan Stanley raised their target price on VICI Properties from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Monday, March 18th. Three 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.com, the company has a consensus rating of "Moderate Buy" and an average target price of $34.20.

Insider Buying and Selling at VICI Properties

In other VICI Properties news, Director James R. Abrahamson acquired 3,000 shares of the business's stock in a transaction 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 owns 139,342 shares in the company, valued at approximately $4,020,016.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.25% of the company's stock.

VICI Properties Price Performance

VICI traded up $0.20 during trading on Friday, hitting $29.50. The company's stock had a trading volume of 9,459,013 shares, compared to its average volume of 6,264,877. The firm's 50 day moving average price is $28.90 and its two-hundred day moving average price is $29.65. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.65. VICI Properties Inc. has a 12 month low of $26.63 and a 12 month high of $33.40. The stock has a market capitalization of $30.77 billion, a price-to-earnings ratio of 11.66, a price-to-earnings-growth ratio of 6.63 and a beta of 0.90.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were given a $0.415 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $1.66 annualized dividend and a yield of 5.63%. VICI Properties's payout ratio is 65.61%.

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.