VICI Properties’ (VICI) Sector Weight Rating Reaffirmed at KeyCorp

VICI Properties (NYSE:VICI)‘s stock had its “sector weight” rating reissued by KeyCorp in a research report issued on Tuesday, Marketbeat.com reports.

A number of other analysts also recently weighed in on VICI. Evercore ISI upped their target price on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Wells Fargo & Company reiterated an “overweight” rating and set a $36.00 price objective (up from $33.00) on shares of VICI Properties in a research note on Tuesday, October 1st. Mizuho decreased their target price on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a report on Thursday, November 14th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $35.00 price target on shares of VICI Properties in a report on Wednesday, December 11th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $34.67.

VICI Properties Trading Down 3.8 %

Shares of VICI stock opened at $28.91 on Tuesday. The stock has a market cap of $30.48 billion, a P/E ratio of 10.71, a price-to-earnings-growth ratio of 4.12 and a beta of 0.93. VICI Properties has a 1 year low of $27.08 and a 1 year high of $34.29. The company has a current ratio of 2.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.63. The stock has a 50 day simple moving average of $31.99 and a 200 day simple moving average of $31.32.

Institutional Investors Weigh In On VICI Properties

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Assenagon Asset Management S.A. grew its holdings in VICI Properties by 40.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 25,324 shares of the company’s stock worth $725,000 after acquiring an additional 7,271 shares during the last quarter. Blue Trust Inc. raised its position in VICI Properties by 131.5% during the 2nd quarter. Blue Trust Inc. now owns 1,729 shares of the company’s stock worth $52,000 after purchasing an additional 982 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of VICI Properties by 1.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 394,069 shares of the company’s stock valued at $11,286,000 after buying an additional 7,270 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of VICI Properties by 4.0% in the second quarter. Fifth Third Bancorp now owns 43,852 shares of the company’s stock valued at $1,256,000 after buying an additional 1,695 shares during the period. Finally, Courier Capital LLC increased its stake in shares of VICI Properties by 4.7% in the second quarter. Courier Capital LLC now owns 22,043 shares of the company’s stock valued at $631,000 after buying an additional 998 shares during the period. Institutional investors own 97.71% of the company’s stock.

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.