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

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

A number of other institutional investors have also recently added to or reduced their stakes in the business. Citigroup Inc. boosted its stake in shares of VICI Properties by 117.1% in the 3rd quarter. Citigroup Inc. now owns 3,136,663 shares of the company’s stock valued at $102,287,000 after purchasing an additional 1,691,653 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of VICI Properties by 24.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 891,188 shares of the company’s stock valued at $24,817,000 after purchasing an additional 173,013 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of VICI Properties by 17.9% in the 3rd quarter. Bank of America Corp DE now owns 26,160,282 shares of the company’s stock valued at $853,087,000 after purchasing an additional 3,968,349 shares during the last quarter. California Public Employees Retirement System boosted its stake in shares of VICI Properties by 43.8% in the 3rd quarter. California Public Employees Retirement System now owns 3,454,904 shares of the company’s stock valued at $112,664,000 after purchasing an additional 1,052,393 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of VICI Properties in the 3rd quarter valued at $13,926,000. 97.71% of the stock is owned by institutional investors.

VICI Properties Stock Up 1.4%

VICI Properties stock opened at $28.50 on Friday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.59. VICI Properties Inc. has a 12-month low of $26.55 and a 12-month high of $34.01. The firm’s fifty day moving average is $28.26 and its 200 day moving average is $28.41. The company has a market capitalization of $30.46 billion, a PE ratio of 9.76 and a beta of 0.65.

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

VICI Properties Dividend Announcement

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

Analyst Ratings Changes

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