Keeley Teton Advisors LLC Has $2.06 Million Stock Holdings in VICI Properties Inc. (NYSE:VICI)

Keeley Teton Advisors LLC decreased its position in shares of VICI Properties Inc. (NYSE:VICI) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,567 shares of the company’s stock after selling 4,608 shares during the period. Keeley Teton Advisors LLC’s holdings in VICI Properties were worth $2,061,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in shares of VICI Properties by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 29,512,003 shares of the company’s stock valued at $860,107,000 after buying an additional 1,036,344 shares during the last quarter. Principal Financial Group Inc. lifted its stake in VICI Properties by 0.5% in the fourth quarter. Principal Financial Group Inc. now owns 24,202,538 shares of the company’s stock valued at $706,962,000 after acquiring an additional 130,659 shares during the last quarter. Norges Bank bought a new stake in VICI Properties in the fourth quarter worth approximately $419,932,000. Invesco Ltd. increased its stake in shares of VICI Properties by 5.4% during the 4th quarter. Invesco Ltd. now owns 13,414,045 shares of the company’s stock worth $391,824,000 after purchasing an additional 692,092 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of VICI Properties by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 12,209,337 shares of the company’s stock valued at $356,635,000 after purchasing an additional 385,649 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Up 1.5 %

Shares of VICI stock opened at $32.07 on Wednesday. The firm has a market capitalization of $33.88 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 3.88 and a beta of 0.70. VICI Properties Inc. has a 1 year low of $27.08 and a 1 year high of $34.29. The firm’s fifty day simple moving average is $31.47 and its 200 day simple moving average is $31.15. 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 (NYSE:VICI) last announced 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 net margin of 69.59% and a return on equity of 10.24%. The company had revenue of $976.05 million for the quarter, compared to analyst estimates of $969.29 million. As a group, sell-side analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 20th were paid a $0.4325 dividend. The ex-dividend date was Thursday, March 20th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 5.40%. VICI Properties’s payout ratio is 67.58%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VICI. Stifel Nicolaus upped their price objective on shares of VICI Properties from $34.00 to $34.25 and gave the stock a “buy” rating in a report on Thursday, March 27th. Barclays upped their price target on VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 4th. Truist Financial reduced their target price on VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Finally, JMP Securities restated a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $34.63.

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.