VICI Properties (NYSE:VICI) Now Covered by Analysts at Barclays

Research analysts at Barclays assumed coverage on shares of VICI Properties (NYSE:VICI) in a report released on Friday,Briefing.com Automated Import reports. The firm set an “overweight” rating and a $36.00 price target on the stock. Barclays‘s target price would indicate a potential upside of 24.96% from the company’s current price.

Several other equities research analysts have also commented on VICI. JMP Securities restated a “market outperform” rating and issued a $35.00 price target on shares of VICI Properties in a report on Wednesday, December 11th. KeyCorp restated a “sector weight” rating on shares of VICI Properties in a report on Tuesday, December 17th. Wells Fargo & Company reiterated an “overweight” rating and issued a $36.00 price target (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. Mizuho reduced their price target on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Evercore ISI raised their price objective on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.25.

VICI Properties Stock Performance

VICI stock opened at $28.81 on Friday. VICI Properties has a 1-year low of $27.08 and a 1-year high of $34.29. The business has a 50-day moving average price of $30.85 and a 200 day moving average price of $31.38. The company has a market capitalization of $30.37 billion, a P/E ratio of 10.67, a PEG 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.

Institutional Trading of VICI Properties

A number of institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC lifted its position in VICI Properties by 717.1% during the second quarter. Acadian Asset Management LLC now owns 32,121 shares of the company’s stock valued at $918,000 after purchasing an additional 28,190 shares during the period. Quest Partners LLC acquired a new stake in VICI Properties during the second quarter valued at $303,000. Choreo LLC increased its holdings in VICI Properties by 108.7% in the second quarter. Choreo LLC now owns 21,740 shares of the company’s stock valued at $607,000 after buying an additional 11,321 shares in the last quarter. Royal London Asset Management Ltd. raised its position in shares of VICI Properties by 5.9% in the second quarter. Royal London Asset Management Ltd. now owns 495,533 shares of the company’s stock worth $14,192,000 after acquiring an additional 27,771 shares during the period. Finally, AGF Management Ltd. raised its position in shares of VICI Properties by 9.1% in the second quarter. AGF Management Ltd. now owns 119,901 shares of the company’s stock worth $3,434,000 after acquiring an additional 9,981 shares during the period. 97.71% of the stock is currently owned by institutional investors and hedge funds.

About VICI Properties

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.