VICI Properties (NYSE:VICI) Earns Sector Weight Rating from KeyCorp

VICI Properties (NYSE:VICI)‘s stock had its “sector weight” rating reissued by research analysts at KeyCorp in a research note issued to investors on Tuesday.

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

VICI Properties Stock Performance

NYSE VICI opened at $30.94 on Tuesday. VICI Properties has a 52-week low of $27.08 and a 52-week high of $34.29. The company has a fifty day moving average of $32.03 and a 200-day moving average of $31.31. The company has a market capitalization of $32.62 billion, a P/E ratio of 11.46, a P/E/G ratio of 4.12 and a beta of 0.93. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.61 and a current ratio of 2.61.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Synovus Financial Corp increased its stake in shares of VICI Properties by 53.6% during the third quarter. Synovus Financial Corp now owns 22,198 shares of the company’s stock valued at $739,000 after buying an additional 7,742 shares during the period. Tidal Investments LLC boosted its holdings in VICI Properties by 11.9% in the third quarter. Tidal Investments LLC now owns 52,678 shares of the company’s stock valued at $1,755,000 after acquiring an additional 5,620 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in VICI Properties during the 3rd quarter valued at $125,000. World Investment Advisors LLC bought a new position in VICI Properties in the 3rd quarter worth $441,000. Finally, Sanctuary Advisors LLC lifted its position in shares of VICI Properties by 116.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 123,994 shares of the company’s stock worth $3,996,000 after purchasing an additional 66,700 shares during the period. Hedge funds and other 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.