O Shaughnessy Asset Management LLC Reduces Stake in VICI Properties Inc. (NYSE:VICI)

O Shaughnessy Asset Management LLC lowered its stake in shares of VICI Properties Inc. (NYSE:VICI – Get Rating) by 18.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 84,551 shares of the company’s stock after selling 18,970 shares during the period. O Shaughnessy Asset Management LLC’s holdings in VICI Properties were worth $2,739,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. RB Capital Management LLC lifted its holdings in VICI Properties by 19.5% during the first quarter. RB Capital Management LLC now owns 20,921 shares of the company’s stock valued at $595,000 after purchasing an additional 3,415 shares during the last quarter. Private Advisor Group LLC purchased a new stake in shares of VICI Properties during the 1st quarter valued at approximately $357,000. MetLife Investment Management LLC purchased a new stake in shares of VICI Properties during the 1st quarter valued at approximately $358,000. Great West Life Assurance Co. Can grew its stake in VICI Properties by 0.3% in the 1st quarter. Great West Life Assurance Co. Can now owns 144,291 shares of the company’s stock valued at $4,334,000 after buying an additional 485 shares in the last quarter. Finally, Yousif Capital Management LLC grew its stake in VICI Properties by 11.9% in the 1st quarter. Yousif Capital Management LLC now owns 36,900 shares of the company’s stock valued at $1,050,000 after buying an additional 3,938 shares in the last quarter.

VICI Properties Price Performance

VICI opened at $30.61 on Thursday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $30.74 billion, a P/E ratio of 21.41, a PEG ratio of 2.26 and a beta of 0.94. The stock has a 50-day moving average price of $32.19 and a 200-day moving average price of $32.88. VICI Properties Inc. has a 12-month low of $27.75 and a 12-month high of $35.69.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 6th. Investors of record on Thursday, March 23rd were paid a $0.39 dividend. The ex-dividend date was Wednesday, March 22nd. This represents a $1.56 annualized dividend and a dividend yield of 5.10%. VICI Properties’s payout ratio is 109.09%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VICI. LADENBURG THALM/SH SH raised their price target on VICI Properties from $34.50 to $37.00 in a report on Monday, May 1st. JMP Securities reaffirmed a “market outperform” rating and set a $38.00 target price on shares of VICI Properties in a report on Tuesday, March 21st. Wolfe Research lowered their price target on shares of VICI Properties from $46.00 to $37.00 and set an “outperform” rating on the stock in a report on Wednesday, March 22nd. Mizuho started coverage on shares of VICI Properties in a research note on Wednesday, April 5th. They set a “buy” rating and a $35.00 price objective for the company. Finally, Raymond James increased their target price on shares of VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, April 6th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.75.

About VICI Properties

(Get Rating)

VICI Properties, Inc is a real estate investment trust, which owns, acquires and develops gaming, hospitality and entertainment properties. It operates through the following segments: Real Property Business and Golf Course Business. The Real Property Business segment consists of leased real property.