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

Stock analysts at Barclays began coverage on shares of VICI Properties (NYSE:VICI - Get Free Report) in a research note issued on Friday, Marketbeat Ratings reports. The brokerage set an "overweight" rating and a $36.00 price target on the stock. Barclays's target price points to a potential upside of 27.52% from the company's current price.

Several other equities analysts have also weighed in on VICI. Wedbush lowered shares of VICI Properties from a "strong-buy" rating to a "hold" rating in a report on Wednesday. Evercore ISI lifted their price objective on VICI Properties from $36.00 to $37.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. KeyCorp reissued a "sector weight" rating on shares of VICI Properties in a research note on Tuesday, December 17th. Wells Fargo & Company restated an "overweight" rating and set a $36.00 target price (up from $33.00) on shares of VICI Properties in a research report on Tuesday, October 1st. Finally, JMP Securities reissued a "market outperform" rating and set a $35.00 price objective on shares of VICI Properties in a research note on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $34.25.

VICI Properties Trading Down 2.1 %

Shares of NYSE VICI traded down $0.60 during midday trading on Friday, hitting $28.23. The stock had a trading volume of 7,471,669 shares, compared to its average volume of 8,571,415. The company's 50-day simple moving average is $30.79 and its 200 day simple moving average is $31.36. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.61 and a quick ratio of 2.61. The firm has a market cap of $29.76 billion, a P/E ratio of 10.46, a price-to-earnings-growth ratio of 4.12 and a beta of 0.94. VICI Properties has a fifty-two week low of $27.08 and a fifty-two week high of $34.29.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Acadian Asset Management LLC boosted its stake in shares of VICI Properties by 717.1% during the 2nd quarter. Acadian Asset Management LLC now owns 32,121 shares of the company's stock worth $918,000 after buying an additional 28,190 shares during the last quarter. Quest Partners LLC bought a new position in VICI Properties in the second quarter valued at approximately $303,000. Choreo LLC raised its stake in shares of VICI Properties by 108.7% during the 2nd quarter. Choreo LLC now owns 21,740 shares of the company's stock worth $607,000 after purchasing an additional 11,321 shares in the last quarter. Royal London Asset Management Ltd. boosted its holdings in shares of VICI Properties by 5.9% in the 2nd quarter. Royal London Asset Management Ltd. now owns 495,533 shares of the company's stock valued at $14,192,000 after buying an additional 27,771 shares during the last quarter. Finally, AGF Management Ltd. raised its position in VICI Properties by 9.1% during 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 in the last quarter. 97.71% of the stock is owned by institutional investors and hedge funds.

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.