VICI Properties Inc. (NYSE:VICI) Shares Sold by Natixis Advisors L.P.

Natixis Advisors L.P. reduced its position in shares of VICI Properties Inc. (NYSE:VICI) by 2.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 461,147 shares of the company’s stock after selling 10,866 shares during the period. Natixis Advisors L.P.’s holdings in VICI Properties were worth $14,701,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VICI. Bell Investment Advisors Inc boosted its position in VICI Properties by 77.7% during the third quarter. Bell Investment Advisors Inc now owns 938 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares during the last quarter. Alaska Permanent Fund Corp lifted its stake in shares of VICI Properties by 87.4% during the 3rd quarter. Alaska Permanent Fund Corp now owns 999 shares of the company’s stock worth $29,000 after purchasing an additional 466 shares during the period. HBC Financial Services PLLC acquired a new stake in shares of VICI Properties during the fourth quarter worth $31,000. Blue Trust Inc. grew its position in shares of VICI Properties by 455.3% in the fourth quarter. Blue Trust Inc. now owns 1,144 shares of the company’s stock valued at $36,000 after purchasing an additional 938 shares during the period. Finally, ING Groep NV acquired a new position in VICI Properties in the third quarter valued at $36,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

Insider Activity at VICI Properties

In related news, Director James R. Abrahamson bought 3,000 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was bought at an average price of $28.85 per share, with a total value of $86,550.00. Following the completion of the transaction, the director now directly 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 is available through the SEC website. 0.25% of the stock is owned by insiders.

VICI Properties Price Performance

VICI opened at $29.06 on Tuesday. VICI Properties Inc. has a 52-week low of $26.63 and a 52-week high of $33.40. The company has a 50 day moving average of $28.91 and a two-hundred day moving average of $29.60. The company has a market cap of $30.31 billion, a P/E ratio of 11.49, a P/E/G ratio of 6.47 and a beta of 0.90. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.65.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 21st were given a dividend of $0.415 per share. The ex-dividend date was Wednesday, March 20th. This represents a $1.66 dividend on an annualized basis and a yield of 5.71%. VICI Properties’s dividend payout ratio (DPR) is 65.61%.

Analysts Set New Price Targets

VICI has been the subject of several recent analyst reports. Morgan Stanley lifted their price target on VICI Properties from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Monday, March 18th. Mizuho lowered their target price on shares of VICI Properties from $34.00 to $31.00 and set a “buy” rating for the company in a report on Thursday, March 7th. Finally, Wells Fargo & Company cut their price target 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. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.10.

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.