Valeo Financial Advisors LLC Purchases 1,471 Shares of VICI Properties Inc. (NYSE:VICI)

Valeo Financial Advisors LLC grew its position in VICI Properties Inc. (NYSE:VICI) by 16.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,647 shares of the company’s stock after acquiring an additional 1,471 shares during the quarter. Valeo Financial Advisors LLC’s holdings in VICI Properties were worth $339,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wells Fargo & Company decreased their price objective on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a research report on Wednesday, March 6th. Morgan Stanley raised their price target on shares of VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Monday, March 18th. Finally, Mizuho dropped their price objective on shares of VICI Properties from $34.00 to $31.00 and set a “buy” rating on the stock in a report on Thursday, March 7th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $34.36.

VICI Properties Stock Down 0.9 %

VICI Properties stock opened at $27.94 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 2.97. The business’s 50-day simple moving average is $29.34 and its two-hundred day simple moving average is $29.67. The company has a market cap of $29.15 billion, a PE ratio of 11.27, a PEG ratio of 6.27 and a beta of 0.90. VICI Properties Inc. has a fifty-two week low of $26.63 and a fifty-two week high of $34.05.

VICI Properties Dividend Announcement

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

Insider Activity

In related news, Director James R. Abrahamson acquired 3,000 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was acquired at an average price of $28.85 per share, with a total value of $86,550.00. Following the acquisition, the director now directly owns 139,342 shares in the company, valued at approximately $4,020,016.70. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.25% of the company’s stock.

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.