Valeo Financial Advisors LLC Boosts Holdings in VICI Properties Inc. (NYSE:VICI)

Valeo Financial Advisors LLC boosted its position in VICI Properties Inc. (NYSE:VICI) by 16.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,647 shares of the company’s stock after purchasing an additional 1,471 shares during the period. Valeo Financial Advisors LLC’s holdings in VICI Properties were worth $339,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Penserra Capital Management LLC lifted its position in shares of VICI Properties by 11.6% during the 4th quarter. Penserra Capital Management LLC now owns 3,300 shares of the company’s stock valued at $105,000 after buying an additional 344 shares during the last quarter. SeaCrest Wealth Management LLC increased its stake in shares of VICI Properties by 3.5% in the fourth quarter. SeaCrest Wealth Management LLC now owns 10,106 shares of the company’s stock worth $327,000 after purchasing an additional 346 shares in the last quarter. Eqis Capital Management Inc. lifted its stake in shares of VICI Properties by 3.2% during the 4th quarter. Eqis Capital Management Inc. now owns 12,319 shares of the company’s stock valued at $399,000 after buying an additional 386 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in VICI Properties by 5.2% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,877 shares of the company’s stock worth $229,000 after buying an additional 387 shares during the period. Finally, Redmont Wealth Advisors LLC grew its stake in VICI Properties by 2.1% in the 3rd quarter. Redmont Wealth Advisors LLC now owns 18,628 shares of the company’s stock valued at $542,000 after buying an additional 391 shares in the last quarter. 97.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

VICI has been the topic of several recent research reports. Wells Fargo & Company dropped their target price on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 6th. Morgan Stanley raised their target price on VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Monday, March 18th. Finally, Mizuho decreased their price target on VICI Properties from $34.00 to $31.00 and set a “buy” rating on the stock in a research report on Thursday, March 7th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.36.

VICI Properties Trading Down 0.9 %

Shares of VICI opened at $27.94 on Monday. VICI Properties Inc. has a 1-year low of $26.63 and a 1-year high of $34.05. The company has a market capitalization of $29.15 billion, a P/E ratio of 11.27, a P/E/G ratio of 6.27 and a beta of 0.90. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.97 and a quick ratio of 2.97. The firm’s 50 day simple moving average is $29.34 and its 200 day simple moving average is $29.67.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 21st were given a $0.415 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.66 annualized dividend and a yield of 5.94%. VICI Properties’s dividend payout ratio (DPR) is presently 66.94%.

Insider Activity at VICI Properties

In other news, Director James R. Abrahamson purchased 3,000 shares of the company’s stock in a transaction on 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 completion of the purchase, the director now directly owns 139,342 shares in the company, valued at approximately $4,020,016.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.25% of the stock is owned by insiders.

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.