Keeley Teton Advisors LLC Sells 5,113 Shares of VICI Properties Inc. (NYSE:VICI)

Keeley Teton Advisors LLC decreased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,720 shares of the company’s stock after selling 5,113 shares during the period. Keeley Teton Advisors LLC’s holdings in VICI Properties were worth $2,510,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VICI. Bell Investment Advisors Inc increased its position in shares of VICI Properties by 77.7% during the third quarter. Bell Investment Advisors Inc now owns 938 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares in the last quarter. HBC Financial Services PLLC purchased a new stake in VICI Properties in the fourth quarter worth approximately $31,000. Blue Trust Inc. boosted its holdings in VICI Properties by 455.3% in the fourth quarter. Blue Trust Inc. now owns 1,144 shares of the company’s stock worth $36,000 after purchasing an additional 938 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in VICI Properties in the third quarter worth approximately $41,000. Finally, Planned Solutions Inc. purchased a new stake in VICI Properties in the fourth quarter worth approximately $45,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Down 1.1 %

VICI Properties stock traded down $0.33 during trading hours on Wednesday, hitting $28.38. The company had a trading volume of 5,713,346 shares, compared to its average volume of 6,316,843. The firm has a market cap of $29.61 billion, a P/E ratio of 11.22, a P/E/G ratio of 2.35 and a beta of 0.91. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 2.97. VICI Properties Inc. has a 1 year low of $26.63 and a 1 year high of $33.40. The company has a 50-day moving average price of $28.93 and a two-hundred day moving average price of $29.75.

VICI Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were given a $0.415 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $1.66 annualized dividend and a yield of 5.85%. VICI Properties’s dividend payout ratio (DPR) is 65.61%.

Analyst Ratings Changes

VICI has been the topic of several analyst reports. Morgan Stanley lifted their price target on shares of VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Monday, March 18th. Wells Fargo & Company lowered their target price on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 6th. Mizuho lifted their target price on shares of VICI Properties from $31.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Finally, Scotiabank lifted their target price on shares of VICI Properties from $32.00 to $34.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 16th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $34.18.

Insider Transactions at VICI Properties

In other VICI Properties news, Director James R. Abrahamson purchased 3,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was purchased at an average price of $28.85 per share, with a total value of $86,550.00. Following the transaction, the director now owns 139,342 shares of the company’s stock, valued at $4,020,016.70. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.25% of the company’s stock.

VICI Properties Company 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.