New York State Teachers Retirement System Has $33.43 Million Holdings in VICI Properties Inc. $VICI

New York State Teachers Retirement System grew its position in shares of VICI Properties Inc. (NYSE:VICI) by 10.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,025,186 shares of the company’s stock after buying an additional 98,069 shares during the quarter. New York State Teachers Retirement System owned approximately 0.10% of VICI Properties worth $33,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in VICI. State of Wyoming bought a new stake in VICI Properties in the second quarter worth approximately $26,000. Parvin Asset Management LLC bought a new position in shares of VICI Properties during the 2nd quarter valued at $27,000. Headlands Technologies LLC acquired a new stake in shares of VICI Properties in the 2nd quarter valued at $28,000. Hantz Financial Services Inc. lifted its stake in shares of VICI Properties by 489.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 872 shares of the company’s stock valued at $28,000 after purchasing an additional 724 shares during the last quarter. Finally, Hoey Investments Inc. bought a new stake in VICI Properties in the second quarter worth $33,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Stock Performance

VICI opened at $27.88 on Tuesday. 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 stock’s 50 day moving average price is $28.67 and its two-hundred day moving average price is $31.15. The firm has a market capitalization of $29.79 billion, a P/E ratio of 10.64, a price-to-earnings-growth ratio of 2.76 and a beta of 0.70. VICI Properties Inc. has a 12-month low of $27.48 and a 12-month high of $34.03.

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

VICI Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 17th were issued a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $1.80 dividend on an annualized basis and a yield of 6.5%. VICI Properties’s dividend payout ratio is 68.70%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of VICI Properties in a research note on Monday, December 29th. Stifel Nicolaus reduced their target price on VICI Properties from $35.00 to $34.00 and set a “buy” rating for the company in a report on Friday, October 31st. Wells Fargo & Company reiterated an “equal weight” rating and set a $32.00 price target (down previously from $36.00) on shares of VICI Properties in a report on Tuesday, November 18th. Cantor Fitzgerald set a $33.00 price target on shares of VICI Properties in a research report on Monday, January 5th. Finally, Mizuho reduced their price objective on shares of VICI Properties from $35.00 to $30.00 and set an “outperform” rating for the company in a research note on Wednesday, December 17th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, VICI Properties currently has an average rating of “Moderate Buy” and a consensus price target of $34.31.

VICI Properties Company 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.