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

Knights of Columbus Asset Advisors LLC decreased its holdings in shares of VICI Properties Inc. (NYSE:VICI) by 97.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,976 shares of the company’s stock after selling 208,219 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in VICI Properties were worth $145,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Mizuho Securities USA LLC raised its position in VICI Properties by 47.1% during the fourth quarter. Mizuho Securities USA LLC now owns 99,912 shares of the company’s stock worth $2,918,000 after acquiring an additional 32,008 shares in the last quarter. Virtu Financial LLC bought a new stake in VICI Properties during the fourth quarter worth $307,000. OLD Point Trust & Financial Services N A raised its position in VICI Properties by 14.4% during the fourth quarter. OLD Point Trust & Financial Services N A now owns 5,150 shares of the company’s stock worth $150,000 after acquiring an additional 650 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in VICI Properties by 37.3% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 563,320 shares of the company’s stock worth $16,455,000 after acquiring an additional 152,975 shares in the last quarter. Finally, Berkeley Capital Partners LLC raised its position in VICI Properties by 6.6% during the fourth quarter. Berkeley Capital Partners LLC now owns 86,806 shares of the company’s stock worth $2,536,000 after acquiring an additional 5,355 shares in the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Barclays upped their price target on shares of VICI Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Mizuho dropped their price objective on shares of VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 8th. Truist Financial dropped their price objective on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Stifel Nicolaus increased their price objective on shares of VICI Properties from $33.75 to $34.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Finally, Wells Fargo & Company increased their price objective on shares of VICI Properties from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday, March 10th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, VICI Properties presently has an average rating of “Moderate Buy” and a consensus target price of $34.20.

VICI Properties Trading Down 1.6 %

VICI 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. The company’s 50-day simple moving average is $30.84 and its 200 day simple moving average is $31.43. VICI Properties Inc. has a 52 week low of $27.08 and a 52 week high of $34.29. The company has a market capitalization of $33.28 billion, a PE ratio of 12.31, a price-to-earnings-growth 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 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.10). VICI Properties had a net margin of 69.59% and a return on equity of 10.24%. The business had revenue of $976.05 million during the quarter, compared to analyst estimates of $969.29 million. As a group, sell-side analysts anticipate that VICI Properties Inc. will post 2.31 earnings per share for the current year.

VICI Properties Announces Dividend

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

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.