Evercore ISI Increases VICI Properties (NYSE:VICI) Price Target to $37.00

VICI Properties (NYSE:VICI) had its price objective lifted by equities researchers at Evercore ISI from $36.00 to $37.00 in a report released on Monday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Evercore ISI’s price target would suggest a potential upside of 9.76% from the stock’s current price.

Separately, Morgan Stanley reissued an “equal weight” rating and set a $33.00 price objective on shares of VICI Properties in a report on Friday, June 21st. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.56.

VICI Properties Stock Down 1.0 %

NYSE:VICI opened at $33.71 on Monday. The company has a market cap of $35.17 billion, a price-to-earnings ratio of 13.32, a P/E/G ratio of 5.28 and a beta of 0.94. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.31 and a current ratio of 2.31. The stock’s fifty day moving average price is $31.77 and its two-hundred day moving average price is $29.82. VICI Properties has a 52-week low of $26.63 and a 52-week high of $34.29.

Institutional Investors Weigh In On VICI Properties

Large investors have recently bought and sold shares of the company. Avantax Advisory Services Inc. increased its holdings in shares of VICI Properties by 6.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 8,366 shares of the company’s stock worth $267,000 after acquiring an additional 489 shares in the last quarter. Kentucky Retirement Systems increased its stake in VICI Properties by 2.6% during the 4th quarter. Kentucky Retirement Systems now owns 82,774 shares of the company’s stock worth $2,639,000 after purchasing an additional 2,129 shares in the last quarter. ING Groep NV raised its holdings in VICI Properties by 11,425.3% during the 4th quarter. ING Groep NV now owns 141,416 shares of the company’s stock worth $4,508,000 after buying an additional 140,189 shares during the period. Norges Bank bought a new position in VICI Properties in the fourth quarter valued at approximately $460,431,000. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its stake in VICI Properties by 82.1% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 79,708 shares of the company’s stock valued at $2,541,000 after buying an additional 35,937 shares in the last quarter. Institutional investors own 97.71% of the company’s stock.

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.