Atria Wealth Solutions Inc. Boosts Position in VICI Properties Inc. (NYSE:VICI)

Atria Wealth Solutions Inc. boosted its stake in shares of VICI Properties Inc. (NYSE:VICI) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,973 shares of the company’s stock after buying an additional 744 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in VICI Properties were worth $548,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB boosted its holdings in shares of VICI Properties by 85.1% in the fourth quarter. Handelsbanken Fonder AB now owns 514,232 shares of the company’s stock valued at $16,394,000 after purchasing an additional 236,430 shares during the period. Pathstone Family Office LLC grew its position in shares of VICI Properties by 286.6% during the 3rd quarter. Pathstone Family Office LLC now owns 28,151 shares of the company’s stock worth $822,000 after buying an additional 20,869 shares in the last quarter. Louisiana State Employees Retirement System purchased a new position in shares of VICI Properties during the fourth quarter valued at $1,996,000. International Assets Investment Management LLC raised its holdings in shares of VICI Properties by 3,074.1% in the fourth quarter. International Assets Investment Management LLC now owns 181,844 shares of the company’s stock valued at $5,704,000 after acquiring an additional 176,115 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of VICI Properties by 1.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 10,146,772 shares of the company’s stock valued at $295,271,000 after acquiring an additional 183,369 shares in the last quarter. 97.71% of the stock is owned by hedge funds and other institutional investors.

VICI Properties Price Performance

Shares of VICI opened at $28.80 on Monday. VICI Properties Inc. has a twelve month low of $26.63 and a twelve month high of $33.40. The company has a 50 day moving average of $28.92 and a two-hundred day moving average of $29.60. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.65. The company has a market cap of $30.04 billion, a price-to-earnings ratio of 11.38, a price-to-earnings-growth ratio of 6.47 and a beta of 0.90.

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 paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 5.76%. The ex-dividend date was Wednesday, March 20th. VICI Properties’s dividend payout ratio (DPR) is presently 65.61%.

Insider Transactions at VICI Properties

In other news, Director James R. Abrahamson acquired 3,000 shares of the business’s stock in a transaction dated Thursday, March 14th. The shares were acquired at an average cost of $28.85 per share, with a total value of $86,550.00. Following the completion of the acquisition, the director now 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 at the SEC website. Insiders own 0.25% of the company’s stock.

Wall Street Analysts Forecast Growth

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