Teachers Insurance & Annuity Association of America boosted its holdings in shares of VICI Properties Inc (NYSE:VICI) by 34.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 474,936 shares of the company’s stock after buying an additional 122,743 shares during the quarter. Teachers Insurance & Annuity Association of America owned 0.13% of VICI Properties worth $10,268,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. increased its holdings in shares of VICI Properties by 50.0% during the 3rd quarter. BlackRock Inc. now owns 20,175,393 shares of the company’s stock valued at $436,194,000 after purchasing an additional 6,726,335 shares in the last quarter. Capital Growth Management LP purchased a new position in shares of VICI Properties during the 3rd quarter valued at approximately $2,811,000. Bank of New York Mellon Corp increased its holdings in shares of VICI Properties by 52.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,097,607 shares of the company’s stock valued at $23,729,000 after purchasing an additional 379,866 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of VICI Properties by 16.2% during the 3rd quarter. Janus Henderson Group PLC now owns 1,200,942 shares of the company’s stock valued at $25,970,000 after purchasing an additional 167,592 shares in the last quarter. Finally, Alliancebernstein L.P. increased its holdings in shares of VICI Properties by 11.8% during the 3rd quarter. Alliancebernstein L.P. now owns 293,748 shares of the company’s stock valued at $6,351,000 after purchasing an additional 30,950 shares in the last quarter.

VICI Properties stock opened at $21.36 on Wednesday. VICI Properties Inc has a 1 year low of $17.58 and a 1 year high of $22.99. The company has a debt-to-equity ratio of 0.66, a current ratio of 65.13 and a quick ratio of 65.13.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Thursday, November 1st. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.04). The company had revenue of $233.00 million for the quarter, compared to analysts’ expectations of $225.38 million. On average, analysts predict that VICI Properties Inc will post 1.45 earnings per share for the current fiscal year.

Several research firms have recently weighed in on VICI. Citigroup cut their target price on shares of VICI Properties from $22.00 to $21.00 and set a “hold” rating for the company in a report on Thursday, August 9th. Credit Suisse Group began coverage on shares of VICI Properties in a report on Tuesday, August 14th. They set an “outperform” rating and a $24.00 target price for the company. Zacks Investment Research lowered shares of VICI Properties from a “buy” rating to a “hold” rating in a report on Tuesday, October 16th. Bank of America raised shares of VICI Properties from a “neutral” rating to a “buy” rating and set a $23.00 target price for the company in a report on Monday, October 15th. Finally, Nomura started coverage on shares of VICI Properties in a report on Wednesday, September 26th. They set a “buy” rating and a $29.00 target price for the company. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $23.43.

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About VICI Properties

VICI Properties Inc, an asset real estate investment trust, owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. It operates through two segments, Real Property Business and Golf Course Business. The company's property portfolio includes 20 gaming facilities comprising approximately 36 million square feet, as well as approximately 14,500 hotel rooms, 150 restaurants, bars, and nightclubs.

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

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