Oak Thistle LLC Purchases 75,303 Shares of VICI Properties Inc. $VICI

Oak Thistle LLC lifted its position in shares of VICI Properties Inc. (NYSE:VICI) by 243.5% during the 4th quarter, HoldingsChannel reports. The firm owned 106,228 shares of the company’s stock after acquiring an additional 75,303 shares during the period. Oak Thistle LLC’s holdings in VICI Properties were worth $2,987,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. State of Wyoming bought a new stake in shares of VICI Properties during the second quarter valued at approximately $26,000. Parvin Asset Management LLC bought a new stake in shares of VICI Properties during the second quarter valued at approximately $27,000. Headlands Technologies LLC bought a new position in VICI Properties during the 2nd quarter valued at approximately $28,000. Godsey & Gibb Inc. bought a new position in VICI Properties during the 3rd quarter valued at approximately $29,000. Finally, BOKF NA bought a new position in VICI Properties during the 3rd quarter valued at approximately $30,000. 97.71% of the stock is currently owned by institutional investors.

VICI Properties Trading Up 0.5%

VICI Properties stock opened at $27.80 on Wednesday. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.59. The business’s fifty day simple moving average is $28.68 and its two-hundred day simple moving average is $29.25. VICI Properties Inc. has a 12 month low of $26.55 and a 12 month high of $34.01. The company has a market capitalization of $29.71 billion, a price-to-earnings ratio of 10.65, a price-to-earnings-growth ratio of 3.17 and a beta of 0.70.

VICI Properties (NYSE:VICI) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.03). VICI Properties had a return on equity of 10.02% and a net margin of 69.28%.The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the firm earned $0.57 EPS. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. VICI Properties has set its FY 2026 guidance at 2.420-2.450 EPS. As a group, equities analysts predict that VICI Properties Inc. will post 2.31 earnings per share for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be paid a $0.45 dividend. The ex-dividend date is Thursday, March 19th. This represents a $1.80 annualized dividend and a dividend yield of 6.5%. VICI Properties’s payout ratio is currently 68.97%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Robert W. Baird dropped their target price on VICI Properties from $36.00 to $34.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Scotiabank downgraded VICI Properties from a “sector outperform” rating to a “sector perform” rating and dropped their target price for the stock from $36.00 to $30.00 in a report on Friday, January 30th. Mizuho reissued a “neutral” rating and issued a $30.00 target price on shares of VICI Properties in a report on Wednesday, March 11th. Cantor Fitzgerald set a $33.00 target price on VICI Properties in a report on Monday, January 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.69.

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.