Teachers Insurance & Annuity Association of America raised its position in shares of VICI Properties Inc (NYSE:VICI) by 6.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 402,108 shares of the company’s stock after purchasing an additional 24,855 shares during the quarter. Teachers Insurance & Annuity Association of America’s holdings in VICI Properties were worth $8,862,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in VICI Properties by 354.0% during the 1st quarter. Principal Financial Group Inc. now owns 7,272,239 shares of the company’s stock valued at $159,116,000 after acquiring an additional 5,670,397 shares during the period. FMR LLC raised its holdings in shares of VICI Properties by 64.9% during the first quarter. FMR LLC now owns 10,089,780 shares of the company’s stock worth $220,764,000 after purchasing an additional 3,971,145 shares during the last quarter. JPMorgan Chase & Co. lifted its position in VICI Properties by 28.3% during the second quarter. JPMorgan Chase & Co. now owns 17,250,803 shares of the company’s stock valued at $374,515,000 after purchasing an additional 3,802,923 shares during the period. Wells Fargo & Company MN lifted its position in VICI Properties by 75.7% during the second quarter. Wells Fargo & Company MN now owns 6,066,536 shares of the company’s stock valued at $133,705,000 after purchasing an additional 2,613,812 shares during the period. Finally, APG Asset Management US Inc. lifted its position in VICI Properties by 55.6% during the second quarter. APG Asset Management US Inc. now owns 7,233,000 shares of the company’s stock valued at $159,415,000 after purchasing an additional 2,584,000 shares during the period.

In related news, CEO Edward Baltazar Pitoniak purchased 15,200 shares of VICI Properties stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average price of $21.29 per share, for a total transaction of $323,608.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider John W. R. Payne purchased 10,635 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The stock was bought at an average cost of $21.18 per share, for a total transaction of $225,249.30. The disclosure for this purchase can be found here. Corporate insiders own 0.15% of the company’s stock.

VICI has been the topic of several analyst reports. Morgan Stanley raised VICI Properties from an “equal” rating to a “weight” rating and increased their price target for the stock from $25.00 to $26.00 in a research report on Monday, August 26th. Goldman Sachs Group raised VICI Properties to a “buy” rating in a report on Tuesday, June 11th. Wells Fargo & Co upgraded VICI Properties from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $23.00 to $24.50 in a research note on Monday, July 1st. Finally, Zacks Investment Research raised VICI Properties from a “sell” rating to a “hold” rating in a report on Thursday, August 15th. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $25.41.

VICI traded up $0.14 on Wednesday, reaching $21.93. The stock had a trading volume of 72,117 shares, compared to its average volume of 3,078,825. The business’s 50-day moving average price is $21.42 and its two-hundred day moving average price is $21.93. The company has a market cap of $10.05 billion, a P/E ratio of 15.33, a price-to-earnings-growth ratio of 1.79 and a beta of 0.83. VICI Properties Inc has a 12-month low of $17.64 and a 12-month high of $23.27. The company has a current ratio of 179.91, a quick ratio of 179.91 and a debt-to-equity ratio of 0.51.

VICI Properties (NYSE:VICI) last posted its earnings results on Wednesday, July 31st. The company reported $0.37 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.37. VICI Properties had a net margin of 64.39% and a return on equity of 8.15%. The business had revenue of $220.75 million for the quarter, compared to analyst estimates of $216.90 million. During the same period in the prior year, the company posted $0.35 EPS. The company’s revenue for the quarter was down .1% on a year-over-year basis. As a group, analysts predict that VICI Properties Inc will post 1.44 earnings per share for the current year.

VICI Properties Company Profile

VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties' national, geographically diverse portfolio consists of 22 gaming facilities comprising approximately 39 million square feet and features approximately 14,800 hotel rooms and approximately 150 restaurants, bars and nightclubs.

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Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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