Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 28,626 Shares of VICI Properties Inc. (NYSE:VICI)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of VICI Properties Inc. (NYSE:VICIFree Report) by 16.3% during the third quarter, Holdings Channel reports. The fund owned 203,768 shares of the company’s stock after acquiring an additional 28,626 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in VICI Properties were worth $5,930,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in VICI. Vanguard Group Inc. increased its holdings in shares of VICI Properties by 11.6% during the 1st quarter. Vanguard Group Inc. now owns 98,755,591 shares of the company’s stock worth $2,810,583,000 after acquiring an additional 10,248,110 shares during the last quarter. Norges Bank acquired a new position in VICI Properties in the 4th quarter valued at about $331,955,000. Morgan Stanley grew its stake in VICI Properties by 43.8% in the 4th quarter. Morgan Stanley now owns 11,073,093 shares of the company’s stock valued at $358,768,000 after buying an additional 3,372,327 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in VICI Properties by 223.1% in the 2nd quarter. Goldman Sachs Group Inc. now owns 4,401,889 shares of the company’s stock valued at $131,132,000 after buying an additional 3,039,359 shares during the last quarter. Finally, Amundi grew its holdings in VICI Properties by 117.5% in the 4th quarter. Amundi now owns 3,429,518 shares of the company’s stock valued at $115,026,000 after buying an additional 1,852,465 shares in the last quarter. 96.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on VICI. KeyCorp decreased their price objective on VICI Properties from $36.00 to $34.00 and set an “overweight” rating on the stock in a report on Wednesday, December 13th. Evercore ISI increased their target price on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “outperform” rating in a research report on Monday, November 27th. The Goldman Sachs Group started coverage on shares of VICI Properties in a research report on Friday, December 8th. They set a “buy” rating and a $36.00 target price on the stock. Mizuho increased their target price on VICI Properties from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, January 10th. Finally, Wedbush reissued a “neutral” rating and set a $30.00 target price on shares of VICI Properties in a report on Thursday, December 14th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $35.15.

View Our Latest Stock Report on VICI

VICI Properties Trading Up 0.2 %

NYSE VICI opened at $29.72 on Friday. The business’s 50-day moving average price is $30.99 and its two-hundred day moving average price is $30.15. The company has a current ratio of 2.97, a quick ratio of 2.97 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $30.75 billion, a PE ratio of 12.44, a price-to-earnings-growth ratio of 2.76 and a beta of 0.91. VICI Properties Inc. has a 12 month low of $26.63 and a 12 month high of $34.63.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Thursday, December 21st were given a $0.415 dividend. The ex-dividend date was Wednesday, December 20th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.59%. VICI Properties’s dividend payout ratio (DPR) is currently 69.46%.

VICI Properties Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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