VICI Properties Inc. (NYSE:VICI) Shares Purchased by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund increased its holdings in VICI Properties Inc. (NYSE:VICI) by 0.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,363 shares of the company’s stock after buying an additional 720 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in VICI Properties were worth $2,640,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Atria Wealth Solutions Inc. grew its holdings in VICI Properties by 145.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 40,722 shares of the company’s stock worth $1,189,000 after buying an additional 24,159 shares in the last quarter. Oxbow Advisors LLC acquired a new position in shares of VICI Properties during the fourth quarter valued at $3,817,000. CHURCHILL MANAGEMENT Corp increased its holdings in shares of VICI Properties by 2.9% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 311,653 shares of the company’s stock valued at $9,103,000 after purchasing an additional 8,834 shares during the period. Rockefeller Capital Management L.P. increased its holdings in shares of VICI Properties by 8.0% during the third quarter. Rockefeller Capital Management L.P. now owns 548,437 shares of the company’s stock valued at $18,268,000 after purchasing an additional 40,733 shares during the period. Finally, Border to Coast Pensions Partnership Ltd raised its position in shares of VICI Properties by 40.0% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 455,000 shares of the company’s stock worth $13,282,000 after buying an additional 130,000 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Truist Financial dropped their price target on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Wedbush downgraded VICI Properties from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. JMP Securities reaffirmed a “market outperform” rating and set a $35.00 target price on shares of VICI Properties in a research note on Monday, January 27th. KeyCorp reaffirmed a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Finally, Stifel Nicolaus raised their target price on VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and an average target price of $34.20.

VICI Properties Price Performance

VICI stock opened at $32.32 on Friday. 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 Inc. has a one year low of $27.08 and a one year high of $34.29. The firm has a market capitalization of $34.14 billion, a PE ratio of 12.62, a P/E/G ratio of 3.88 and a beta of 0.95. The firm has a 50-day moving average of $29.81 and a two-hundred day moving average of $31.46.

VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.10). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The firm had revenue of $976.05 million during the quarter, compared to analyst estimates of $969.29 million. On average, analysts forecast that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.4325 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.35%. VICI Properties’s dividend payout ratio is 67.58%.

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.