VICI Properties Inc. (NYSE:VICI) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lowered its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,228 shares of the company's stock after selling 10,977 shares during the quarter. Public Employees Retirement Association of Colorado's holdings in VICI Properties were worth $2,694,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. World Investment Advisors LLC bought a new position in shares of VICI Properties in the 3rd quarter valued at about $441,000. Wilmington Savings Fund Society FSB purchased a new position in shares of VICI Properties in the 3rd quarter worth approximately $125,000. Tidal Investments LLC increased its position in shares of VICI Properties by 11.9% during the 3rd quarter. Tidal Investments LLC now owns 52,678 shares of the company's stock valued at $1,755,000 after purchasing an additional 5,620 shares during the last quarter. Synovus Financial Corp raised its holdings in VICI Properties by 53.6% during the 3rd quarter. Synovus Financial Corp now owns 22,198 shares of the company's stock valued at $739,000 after buying an additional 7,742 shares during the period. Finally, GAMMA Investing LLC lifted its position in VICI Properties by 18.4% in the fourth quarter. GAMMA Investing LLC now owns 13,984 shares of the company's stock worth $408,000 after buying an additional 2,172 shares during the last quarter. Institutional investors own 97.71% of the company's stock.

VICI Properties Stock Up 0.4 %

Shares of VICI stock traded up $0.14 during mid-day trading on Friday, hitting $31.65. The stock had a trading volume of 6,370,899 shares, compared to its average volume of 6,032,831. The firm has a market capitalization of $33.44 billion, a P/E ratio of 12.36, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties Inc. has a 12-month low of $27.53 and a 12-month high of $34.29. The firm's 50-day moving average is $31.88 and its two-hundred day moving average is $31.13.

VICI Properties (NYSE:VICI - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.58 earnings per share for the quarter, meeting analysts' consensus estimates of $0.58. VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business had revenue of $984.20 million for the quarter, compared to analysts' expectations of $976.51 million. During the same period last year, the business earned $0.56 EPS. The company's revenue was up 3.4% compared to the same quarter last year. On average, analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were given a dividend of $0.4325 per share. The ex-dividend date was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a yield of 5.47%. VICI Properties's dividend payout ratio is currently 67.58%.

Analyst Ratings Changes

A number of research analysts have weighed in on VICI shares. Stifel Nicolaus boosted their price objective on shares of VICI Properties from $34.25 to $34.75 and gave the company a "buy" rating in a research report on Thursday. Robert W. Baird upped their price target on shares of VICI Properties from $35.00 to $36.00 and gave the company an "outperform" rating in a report on Thursday. JMP Securities reissued a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Wells Fargo & Company upped their target price on VICI Properties from $34.00 to $35.00 and gave the company an "overweight" rating in a research note on Monday, March 10th. Finally, Truist Financial raised their price target on VICI Properties from $35.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday, April 23rd. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $35.07.

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.