Clarkston Capital Partners LLC Purchases 21,775 Shares of VICI Properties Inc. $VICI

Clarkston Capital Partners LLC lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 36.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,775 shares of the company’s stock after acquiring an additional 21,775 shares during the period. Clarkston Capital Partners LLC’s holdings in VICI Properties were worth $2,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VICI. State of Wyoming bought a new stake in shares of VICI Properties during the 2nd quarter worth approximately $26,000. Headlands Technologies LLC bought a new stake in shares of VICI Properties during the 2nd quarter worth approximately $28,000. Evolution Wealth Management Inc. bought a new stake in shares of VICI Properties during the 4th quarter worth approximately $28,000. BOKF NA bought a new stake in shares of VICI Properties during the 3rd quarter worth approximately $30,000. Finally, Sarver Vrooman Wealth Advisors bought a new stake in shares of VICI Properties during the 4th quarter valued at approximately $33,000. Institutional investors own 97.71% of the company’s stock.

VICI Properties Trading Up 1.4%

Shares of VICI Properties stock opened at $28.50 on Friday. The firm has a market capitalization of $30.46 billion, a PE ratio of 9.76 and a beta of 0.65. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.59. The firm’s 50 day moving average is $28.26 and its 200 day moving average is $28.41. VICI Properties Inc. has a 1 year low of $26.55 and a 1 year high of $34.01.

VICI Properties (NYSE:VICI) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.01 billion. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.58 EPS. VICI Properties has set its FY 2026 guidance at 2.440-2.470 EPS. Equities research analysts forecast that VICI Properties Inc. will post 2.46 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Thursday, June 18th. VICI Properties’s payout ratio is presently 61.64%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on VICI shares. Robert W. Baird decreased their price target on shares of VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Mizuho reaffirmed a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a report on Wednesday, March 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Scotiabank lifted their price target on shares of VICI Properties from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Finally, Barclays lifted their price target on shares of VICI Properties from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $33.38.

VICI Properties Profile

VICI Properties (NYSE: VICI) is a publicly traded real estate investment trust (REIT) that specializes in experiential real estate, with a primary focus on gaming, hospitality and entertainment assets. The company acquires, owns and manages a portfolio of destination properties and leases those assets to operators under long-term agreements, generating rental income and partnering on property development and capital projects. VICI was formed in connection with the restructuring of Caesars Entertainment and has since grown through acquisitions and strategic transactions to expand its footprint in the gaming and leisure sector.

The company’s portfolio is concentrated in major U.S.