Swiss National Bank Has $101.03 Million Stake in VICI Properties Inc. (NYSE:VICI)

Swiss National Bank lessened its holdings in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,169,004 shares of the company's stock after selling 61,200 shares during the period. Swiss National Bank owned 0.31% of VICI Properties worth $101,028,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bell Investment Advisors Inc lifted its position 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 period. Alaska Permanent Fund Corp grew its holdings in shares of VICI Properties by 87.4% in the 3rd quarter. Alaska Permanent Fund Corp now owns 999 shares of the company's stock worth $29,000 after acquiring an additional 466 shares during the last quarter. HBC Financial Services PLLC acquired a new position in shares of VICI Properties in the 4th quarter valued at $31,000. Blue Trust Inc. raised its holdings in VICI Properties by 455.3% during the 4th quarter. Blue Trust Inc. now owns 1,144 shares of the company's stock worth $36,000 after buying an additional 938 shares during the period. Finally, ING Groep NV purchased a new position in shares of VICI Properties in the third quarter worth approximately $36,000. 97.71% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director James R. Abrahamson purchased 3,000 shares of the company's stock in a transaction dated Thursday, March 14th. The shares were bought at an average price of $28.85 per share, with a total value of $86,550.00. Following the completion of the transaction, the director now directly owns 139,342 shares in the company, valued at approximately $4,020,016.70. The purchase was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.25% of the company's stock.

VICI Properties Stock Performance

VICI Properties stock remained flat at $28.80 during mid-day trading on Friday. 6,018,450 shares of the company's stock traded hands, compared to its average volume of 6,539,223. VICI Properties Inc. has a 52-week low of $26.63 and a 52-week high of $33.40. The business has a fifty day moving average price of $28.92 and a 200 day moving average price of $29.60. The firm has a market capitalization of $30.04 billion, a PE ratio of 11.38, a P/E/G 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.

VICI Properties Dividend Announcement

The business also recently disclosed 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 dividend yield of 5.76%. The ex-dividend date of this dividend was Wednesday, March 20th. VICI Properties's payout ratio is 65.61%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VICI. Wells Fargo & Company lowered their price target on VICI Properties from $34.00 to $32.00 and set an "overweight" rating on the stock in a report on Wednesday, March 6th. 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 report on Thursday, March 7th. Finally, Morgan Stanley upped their price objective on shares of VICI Properties from $32.00 to $33.00 and gave the company an "equal weight" rating in a research note on Monday, March 18th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, VICI Properties has a consensus rating of "Moderate Buy" and an average target price of $34.10.

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.