Keeley Teton Advisors LLC Sells 2,231 Shares of VICI Properties Inc. (NYSE:VICI)

Keeley Teton Advisors LLC reduced its position in VICI Properties Inc. (NYSE:VICI) by 2.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,489 shares of the company’s stock after selling 2,231 shares during the period. Keeley Teton Advisors LLC’s holdings in VICI Properties were worth $2,279,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Cohen & Steers Inc. raised its stake in shares of VICI Properties by 132.0% during the 4th quarter. Cohen & Steers Inc. now owns 34,784,906 shares of the company’s stock worth $1,108,993,000 after purchasing an additional 19,788,229 shares during the period. Norges Bank bought a new stake in shares of VICI Properties during the 4th quarter worth $460,431,000. Capital International Investors raised its stake in shares of VICI Properties by 17.4% during the 4th quarter. Capital International Investors now owns 62,871,097 shares of the company’s stock worth $2,004,648,000 after purchasing an additional 9,317,582 shares during the period. Vanguard Group Inc. raised its stake in shares of VICI Properties by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 153,674,848 shares of the company’s stock worth $4,577,974,000 after purchasing an additional 6,755,553 shares during the period. Finally, Daiwa Securities Group Inc. raised its stake in shares of VICI Properties by 37.9% during the 1st quarter. Daiwa Securities Group Inc. now owns 11,313,497 shares of the company’s stock worth $337,029,000 after purchasing an additional 3,109,028 shares during the period. 97.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VICI has been the topic of a number of recent analyst reports. Morgan Stanley reiterated an “equal weight” rating and set a $33.00 target price on shares of VICI Properties in a research note on Friday, June 21st. Mizuho lifted their price objective on VICI Properties from $31.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, May 10th. Finally, Scotiabank lifted their price objective on VICI Properties from $32.00 to $34.00 and gave the stock a “sector outperform” rating in a report on Thursday, May 16th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.44.

VICI Properties Trading Up 1.3 %

Shares of NYSE VICI traded up $0.40 during midday trading on Friday, hitting $30.88. 5,112,251 shares of the company’s stock were exchanged, compared to its average volume of 6,025,789. VICI Properties Inc. has a 12-month low of $26.63 and a 12-month high of $33.40. The company has a market cap of $32.21 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 2.70 and a beta of 0.92. The business’s fifty day moving average price is $28.80 and its two-hundred day moving average price is $29.25.

VICI Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Tuesday, June 18th were issued a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a dividend yield of 5.38%. The ex-dividend date of this dividend was Tuesday, June 18th. VICI Properties’s payout ratio is 65.61%.

VICI Properties Profile

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.