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

VICI Properties (NYSE:VICI)‘s stock had its “sector weight” rating reaffirmed by equities researchers at KeyCorp in a research report issued on Tuesday.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company reiterated an “overweight” rating and set a $36.00 target price (up from $33.00) on shares of VICI Properties in a report on Tuesday, October 1st. 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. Evercore ISI raised their price target on VICI Properties from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Finally, Mizuho cut their price objective on shares of VICI Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, VICI Properties currently has a consensus rating of “Moderate Buy” and an average price target of $34.67.

VICI Properties Stock Down 0.6 %

NYSE:VICI opened at $30.94 on Tuesday. VICI Properties has a 1-year low of $27.08 and a 1-year high of $34.29. The company has a market capitalization of $32.62 billion, a PE ratio of 11.46, a P/E/G ratio of 4.12 and a beta of 0.93. The firm’s 50-day moving average price is $32.03 and its 200-day moving average price is $31.31. 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 Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Quarry LP lifted its holdings in VICI Properties by 780.5% in the second quarter. Quarry LP now owns 1,127 shares of the company’s stock valued at $32,000 after acquiring an additional 999 shares during the period. UMB Bank n.a. grew its position in VICI Properties by 254.4% during the second quarter. UMB Bank n.a. now owns 1,368 shares of the company’s stock valued at $39,000 after buying an additional 982 shares during the period. Carmichael Hill & Associates Inc. increased its holdings in VICI Properties by 363.2% during the second quarter. Carmichael Hill & Associates Inc. now owns 1,408 shares of the company’s stock valued at $40,000 after buying an additional 1,104 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in VICI Properties in the second quarter worth approximately $43,000. Finally, Rothschild Investment LLC purchased a new position in shares of VICI Properties during the 2nd quarter worth $47,000. 97.71% of the stock is owned by hedge funds and other institutional investors.

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.