VICI Properties Inc. $VICI Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas trimmed its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 27.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,406 shares of the company’s stock after selling 51,336 shares during the period. Teacher Retirement System of Texas’ holdings in VICI Properties were worth $4,513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in VICI. Norges Bank acquired a new stake in shares of VICI Properties during the 2nd quarter worth about $486,945,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in VICI Properties in the second quarter valued at approximately $110,366,000. Cbre Investment Management Listed Real Assets LLC raised its holdings in VICI Properties by 125.4% during the second quarter. Cbre Investment Management Listed Real Assets LLC now owns 5,587,940 shares of the company’s stock worth $182,167,000 after purchasing an additional 3,108,475 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of VICI Properties by 11.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 21,811,143 shares of the company’s stock worth $711,043,000 after buying an additional 2,326,747 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of VICI Properties by 7.1% in the 2nd quarter. Geode Capital Management LLC now owns 34,618,730 shares of the company’s stock valued at $1,144,400,000 after buying an additional 2,281,688 shares in the last quarter. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Up 0.0%

VICI opened at $28.52 on Wednesday. VICI Properties Inc. has a 52 week low of $27.48 and a 52 week high of $34.03. The business has a 50 day moving average price of $28.28 and a two-hundred day moving average price of $30.80. The company has a quick ratio of 3.60, a current ratio of 3.60 and a debt-to-equity ratio of 0.60. The company has a market cap of $30.48 billion, a PE ratio of 10.88, a P/E/G ratio of 2.84 and a beta of 0.70.

VICI Properties (NYSE:VICI) last released its earnings results on Thursday, October 30th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.01. VICI Properties had a return on equity of 10.17% and a net margin of 70.18%.The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the previous year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. VICI Properties has set its FY 2025 guidance at 2.360-2.370 EPS. As a group, research analysts anticipate that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a yield of 6.3%. VICI Properties’s dividend payout ratio is presently 68.70%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VICI shares. The Goldman Sachs Group reduced their price target on shares of VICI Properties from $38.00 to $34.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Cantor Fitzgerald set a $33.00 target price on VICI Properties in a report on Monday, January 5th. Barclays decreased their target price on VICI Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research report on Wednesday, December 3rd. Evercore ISI reaffirmed an “in-line” rating and set a $32.00 price target (down previously from $36.00) on shares of VICI Properties in a research report on Monday, December 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Monday, December 29th. Ten analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.31.

VICI Properties Profile

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.