Signaturefd LLC Sells 1,681 Shares of VICI Properties Inc. (NYSE:VICI)

Signaturefd LLC lessened its holdings in VICI Properties Inc. (NYSE:VICI) by 7.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,769 shares of the company’s stock after selling 1,681 shares during the period. Signaturefd LLC’s holdings in VICI Properties were worth $630,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc increased 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 worth $27,000 after acquiring an additional 410 shares in the last quarter. Alaska Permanent Fund Corp grew its holdings 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 position in shares of VICI Properties in the fourth quarter valued at $31,000. ING Groep NV purchased a new position in shares of VICI Properties in the third quarter valued at $36,000. Finally, Blue Trust Inc. grew its holdings 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 in the last quarter. Institutional investors own 97.71% of the company’s stock.

Insider Activity

In other VICI Properties news, Director James R. Abrahamson acquired 3,000 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were purchased at an average cost of $28.85 per share, for a total transaction of $86,550.00. Following the completion of the purchase, the director now owns 139,342 shares in the company, valued at $4,020,016.70. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.25% of the company’s stock.

VICI Properties Price Performance

Shares of VICI stock opened at $28.58 on Wednesday. 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 company’s 50-day simple moving average is $29.08 and its two-hundred day simple moving average is $29.62. VICI Properties Inc. has a one year low of $26.63 and a one year high of $34.05. The company has a market capitalization of $29.81 billion, a P/E ratio of 11.52, a P/E/G ratio of 6.30 and a beta of 0.90.

VICI Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st were paid 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 dividend yield of 5.81%. VICI Properties’s dividend payout ratio is presently 66.94%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Mizuho cut 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. Morgan Stanley raised their price target on VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Monday, March 18th. Finally, Wells Fargo & Company lowered their price target 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. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, VICI Properties presently has a consensus rating of “Moderate Buy” and an average target price of $34.36.

About VICI Properties

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.