Knights of Columbus Asset Advisors LLC Sells 208,219 Shares of VICI Properties Inc. (NYSE:VICI)

Knights of Columbus Asset Advisors LLC trimmed its stake in shares of VICI Properties Inc. (NYSE:VICI - Free Report) by 97.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of VICI Properties by 599.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,936,815 shares of the company's stock valued at $297,685,000 after buying an additional 7,658,819 shares during the period. State Street Corp raised its stake in shares of VICI Properties by 2.1% during the third quarter. State Street Corp now owns 55,548,393 shares of the company's stock valued at $1,873,869,000 after acquiring an additional 1,164,717 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of VICI Properties by 127.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,715,143 shares of the company's stock worth $50,099,000 after purchasing an additional 960,706 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in VICI Properties by 7.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 11,823,688 shares of the company's stock valued at $393,847,000 after purchasing an additional 770,195 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in VICI Properties by 80.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,673,230 shares of the company's stock worth $55,735,000 after buying an additional 748,378 shares during the period. Institutional investors and hedge funds own 97.71% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on VICI shares. Stifel Nicolaus increased their price target on VICI Properties from $34.00 to $34.25 and gave the company a "buy" rating in a research note on Thursday. Wells Fargo & Company increased their target price 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. JMP Securities reaffirmed a "market outperform" rating and issued a $35.00 price objective on shares of VICI Properties in a research note on Monday, January 27th. Wedbush downgraded shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, KeyCorp reaffirmed a "sector weight" rating on shares of VICI Properties in a research report on Tuesday, December 17th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $34.23.

VICI Properties Trading Down 0.0 %

VICI Properties stock traded down $0.01 during mid-day trading on Thursday, hitting $31.90. The company's stock had a trading volume of 4,603,839 shares, compared to its average volume of 5,551,106. VICI Properties Inc. has a 12 month low of $27.08 and a 12 month high of $34.29. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The business has a 50 day moving average price of $31.07 and a 200-day moving average price of $31.40. The stock has a market cap of $33.70 billion, a price-to-earnings ratio of 12.46, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94.

VICI Properties (NYSE:VICI - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $969.29 million. As a group, analysts forecast that VICI Properties Inc. will post 2.31 EPS for the current year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 20th will be paid a $0.4325 dividend. This represents a $1.73 annualized dividend and a dividend yield of 5.42%. The ex-dividend date is Thursday, March 20th. VICI Properties's dividend payout ratio is currently 67.58%.

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.