VICI Properties Inc. (NYSE:VICI) Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. increased its stake in VICI Properties Inc. (NYSE:VICI) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,973 shares of the company’s stock after purchasing an additional 744 shares during the period. Atria Wealth Solutions Inc.’s holdings in VICI Properties were worth $548,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. increased its position in VICI Properties by 5.2% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,877 shares of the company’s stock valued at $229,000 after acquiring an additional 387 shares during the period. Schnieders Capital Management LLC increased its holdings in shares of VICI Properties by 0.8% during the fourth quarter. Schnieders Capital Management LLC now owns 51,843 shares of the company’s stock valued at $1,653,000 after purchasing an additional 406 shares during the period. Bell Investment Advisors Inc raised its stake in shares of VICI Properties by 77.7% during the third quarter. Bell Investment Advisors Inc now owns 938 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares in the last quarter. Larson Financial Group LLC lifted its holdings in VICI Properties by 0.8% in the third quarter. Larson Financial Group LLC now owns 53,385 shares of the company’s stock worth $1,554,000 after purchasing an additional 435 shares during the period. Finally, Alaska Permanent Fund Corp grew its position in VICI Properties by 87.4% in 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. 97.71% of the stock is currently owned by institutional investors.

Insider Activity at VICI Properties

In related news, Director James R. Abrahamson acquired 3,000 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were purchased at an average price of $28.85 per share, for a total transaction of $86,550.00. Following the acquisition, the director now owns 139,342 shares in the company, valued at $4,020,016.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.25% of the stock is currently owned by corporate insiders.

VICI Properties Price Performance

Shares of NYSE:VICI opened at $28.80 on Monday. The company has a market capitalization of $30.04 billion, a PE ratio of 11.38, a price-to-earnings-growth ratio of 6.47 and a beta of 0.90. 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 stock has a fifty day moving average of $28.92 and a 200-day moving average of $29.60. VICI Properties Inc. has a one year low of $26.63 and a one year high of $33.40.

VICI Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were issued a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a dividend yield of 5.76%. The ex-dividend date was Wednesday, March 20th. VICI Properties’s dividend payout ratio is 65.61%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on VICI shares. Mizuho reduced their price target on shares of VICI Properties from $34.00 to $31.00 and set a “buy” rating for the company in a research note on Thursday, March 7th. Wells Fargo & Company cut their target price on VICI Properties from $34.00 to $32.00 and set an “overweight” rating for the company in a research report on Wednesday, March 6th. Finally, 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 research report on Monday, March 18th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, VICI Properties has an average rating of “Moderate Buy” and a consensus price target of $34.10.

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.