10,301 Shares in VICI Properties Inc. (NYSE:VICI) Purchased by Nilsine Partners LLC

Nilsine Partners LLC purchased a new position in shares of VICI Properties Inc. (NYSE:VICI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,301 shares of the company’s stock, valued at approximately $307,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc boosted its holdings in VICI Properties by 77.7% in the 3rd 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. Alaska Permanent Fund Corp boosted its holdings 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 purchasing an additional 466 shares in the last quarter. HBC Financial Services PLLC purchased a new stake in VICI Properties in the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC boosted its holdings in VICI Properties by 1,888.9% in the 4th quarter. Tucker Asset Management LLC now owns 1,074 shares of the company’s stock valued at $34,000 after purchasing an additional 1,020 shares in the last quarter. Finally, ING Groep NV purchased a new stake in VICI Properties in the 3rd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 97.71% of the company’s stock.

Insider Buying and Selling at VICI Properties

In related news, Director James R. Abrahamson acquired 3,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was bought at an average cost of $28.85 per share, with a total value of $86,550.00. Following the purchase, the director now directly owns 139,342 shares of the company’s stock, valued at $4,020,016.70. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.25% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Wells Fargo & Company decreased their price target on VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 6th. Morgan Stanley boosted their price target 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 note 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $34.36.

VICI Properties Trading Down 1.7 %

VICI traded down $0.50 during trading on Tuesday, hitting $28.55. The company’s stock had a trading volume of 7,194,003 shares, compared to its average volume of 6,204,305. The firm’s 50 day moving average price is $29.00 and its 200-day moving average price is $29.60. 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 stock has a market cap of $29.78 billion, a PE ratio of 11.51, a PEG ratio of 6.40 and a beta of 0.90. VICI Properties Inc. has a twelve month low of $26.63 and a twelve month high of $34.05.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st were issued 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 5.81%. VICI Properties’s dividend payout ratio (DPR) is presently 66.94%.

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.