Knights of Columbus Asset Advisors LLC Has $145,000 Stake in VICI Properties Inc. (NYSE:VICI)

Knights of Columbus Asset Advisors LLC trimmed its position in shares of VICI Properties Inc. (NYSE:VICI) by 97.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,976 shares of the company’s stock after selling 208,219 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in VICI Properties were worth $145,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC boosted its stake in shares of VICI Properties by 64.1% in the 4th quarter. Venturi Wealth Management LLC now owns 1,103 shares of the company’s stock valued at $32,000 after purchasing an additional 431 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of VICI Properties in the 4th quarter valued at approximately $33,000. Whipplewood Advisors LLC acquired a new stake in shares of VICI Properties in the 4th quarter valued at approximately $40,000. Continuum Advisory LLC boosted its stake in shares of VICI Properties by 30.5% in the 3rd quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock valued at $50,000 after purchasing an additional 374 shares in the last quarter. Finally, Cromwell Holdings LLC boosted its stake in shares of VICI Properties by 31.3% in the 4th quarter. Cromwell Holdings LLC now owns 2,074 shares of the company’s stock valued at $61,000 after purchasing an additional 494 shares in the last quarter. 97.71% of the stock is currently owned by institutional investors and hedge funds.

VICI Properties Stock Down 1.6 %

VICI Properties stock opened at $31.51 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61. VICI Properties Inc. has a 52-week low of $27.08 and a 52-week high of $34.29. The firm has a 50 day moving average price of $30.84 and a two-hundred day moving average price of $31.43. The firm has a market cap of $33.28 billion, a price-to-earnings ratio of 12.31, a PEG ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.10). VICI Properties had a return on equity of 10.24% and a net margin of 69.59%. The firm had revenue of $976.05 million for the quarter, compared to the consensus estimate of $969.29 million. Equities analysts predict that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th will be issued a dividend of $0.4325 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $1.73 annualized dividend and a yield of 5.49%. VICI Properties’s payout ratio is 67.58%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VICI shares. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a research note on Tuesday, December 17th. Wells Fargo & Company raised their price target on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Monday, March 10th. Stifel Nicolaus raised their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a report on Friday, February 21st. JMP Securities reiterated a “market outperform” rating and issued a $35.00 price objective on shares of VICI Properties in a report on Monday, January 27th. Finally, Truist Financial dropped their price objective on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.20.

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.