VICI Properties (NYSE:VICI) Coverage Initiated by Analysts at Barclays

Investment analysts at Barclays initiated coverage on shares of VICI Properties (NYSE:VICI) in a note issued to investors on Friday,Briefing.com Automated Import reports. The firm set an “overweight” rating and a $36.00 price target on the stock. Barclays‘s price target would indicate a potential upside of 24.96% from the company’s previous close.

A number of other brokerages also recently issued reports on VICI. KeyCorp reiterated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Mizuho decreased their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating on the stock in a research report on Wednesday. Wedbush cut VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Evercore ISI upped their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, JMP Securities reissued a “market outperform” rating and issued a $35.00 target price on shares of VICI Properties in a report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $34.25.

VICI Properties Trading Down 1.5 %

Shares of VICI opened at $28.81 on Friday. The firm has a market cap of $30.37 billion, a P/E ratio of 10.67, a price-to-earnings-growth ratio of 4.12 and a beta of 0.94. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. VICI Properties has a 1 year low of $27.08 and a 1 year high of $34.29. The company has a 50 day simple moving average of $30.85 and a two-hundred day simple moving average of $31.38.

Institutional Investors Weigh In On VICI Properties

Several hedge funds and other institutional investors have recently modified their holdings of VICI. Carmel Capital Partners LLC grew its position in VICI Properties by 1.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 35,343 shares of the company’s stock valued at $1,177,000 after acquiring an additional 367 shares during the last quarter. Continuum Advisory LLC grew its holdings in shares of VICI Properties by 30.5% in the third quarter. Continuum Advisory LLC now owns 1,599 shares of the company’s stock worth $50,000 after purchasing an additional 374 shares during the last quarter. MAS Advisors LLC increased its stake in VICI Properties by 2.8% in the 2nd quarter. MAS Advisors LLC now owns 14,745 shares of the company’s stock worth $422,000 after buying an additional 398 shares during the period. Insight Folios Inc lifted its holdings in VICI Properties by 2.5% during the 3rd quarter. Insight Folios Inc now owns 18,035 shares of the company’s stock valued at $601,000 after buying an additional 433 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in VICI Properties by 23.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 2,350 shares of the company’s stock valued at $78,000 after buying an additional 442 shares during the period. 97.71% of the stock is currently owned by hedge funds and other institutional investors.

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.