Crossmark Global Holdings Inc. Has $1.12 Million Stake in VICI Properties Inc. $VICI

Crossmark Global Holdings Inc. increased its position in VICI Properties Inc. (NYSE:VICI) by 123.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,949 shares of the company’s stock after purchasing an additional 22,084 shares during the period. Crossmark Global Holdings Inc.’s holdings in VICI Properties were worth $1,123,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VICI. International Assets Investment Management LLC increased its stake in VICI Properties by 19.7% during the 4th quarter. International Assets Investment Management LLC now owns 9,133 shares of the company’s stock valued at $257,000 after purchasing an additional 1,506 shares in the last quarter. Generali Asset Management SPA SGR lifted its stake in shares of VICI Properties by 78.8% in the fourth quarter. Generali Asset Management SPA SGR now owns 81,503 shares of the company’s stock valued at $2,292,000 after buying an additional 35,918 shares in the last quarter. Plan Group Financial LLC lifted its stake in shares of VICI Properties by 13.9% in the fourth quarter. Plan Group Financial LLC now owns 73,340 shares of the company’s stock valued at $2,062,000 after buying an additional 8,978 shares in the last quarter. Indivisible Partners acquired a new position in shares of VICI Properties during the fourth quarter valued at about $208,000. Finally, Stevens Capital Management LP acquired a new position in shares of VICI Properties during the fourth quarter valued at about $395,000. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Stock Performance

Shares of VICI stock opened at $28.22 on Thursday. The firm has a 50-day moving average of $28.31 and a 200-day moving average of $28.70. The company has a market cap of $30.16 billion, a P/E ratio of 9.66 and a beta of 0.67. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.62 and a quick ratio of 3.62. VICI Properties Inc. has a one year low of $26.55 and a one year high of $34.01.

VICI Properties (NYSE:VICI) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.11. VICI Properties had a net margin of 76.83% and a return on equity of 11.05%. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the company earned $0.58 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that VICI Properties Inc. will post 2.46 EPS for the current fiscal year.

VICI Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Thursday, March 19th. VICI Properties’s payout ratio is presently 61.64%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VICI shares. Barclays upped their target price on shares of VICI Properties from $33.00 to $34.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Mizuho reiterated a “neutral” rating and set a $30.00 price target on shares of VICI Properties in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft set a $31.00 price objective on VICI Properties in a report on Monday, May 4th. Robert W. Baird lowered their price objective on VICI Properties from $36.00 to $34.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of VICI Properties in a report on Friday, March 27th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $33.38.

About VICI Properties

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.