Comerica Bank Buys Shares of 10,957 VICI Properties Inc (VICI)

Comerica Bank acquired a new stake in shares of VICI Properties Inc (NYSE:VICI) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,957 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Public Employees Retirement Association of Colorado bought a new position in shares of VICI Properties in the first quarter valued at approximately $189,000. Dean Capital Investments Management LLC bought a new position in shares of VICI Properties in the first quarter valued at approximately $351,000. Wells Fargo & Company MN bought a new position in shares of VICI Properties in the first quarter valued at approximately $1,321,000. Finally, Rhumbline Advisers bought a new position in shares of VICI Properties in the first quarter valued at approximately $4,011,000.

VICI Properties opened at $20.53 on Friday, Marketbeat.com reports. The company has a debt-to-equity ratio of 0.67, a quick ratio of 61.16 and a current ratio of 61.16. VICI Properties Inc has a fifty-two week low of $17.58 and a fifty-two week high of $22.99.



VICI Properties (NYSE:VICI) last posted its quarterly earnings data on Thursday, May 3rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.01). The company had revenue of $218.00 million for the quarter, compared to analysts’ expectations of $207.13 million. sell-side analysts predict that VICI Properties Inc will post 1.47 EPS for the current year.

VICI has been the subject of a number of research analyst reports. Barclays initiated coverage on shares of VICI Properties in a research note on Monday, February 26th. They issued an “equal weight” rating and a $22.00 target price for the company. Goldman Sachs Group initiated coverage on shares of VICI Properties in a research note on Monday, February 26th. They issued a “neutral” rating and a $21.00 target price for the company. Stifel Nicolaus initiated coverage on shares of VICI Properties in a research note on Monday, February 26th. They issued a “buy” rating and a $23.00 target price for the company. Morgan Stanley initiated coverage on shares of VICI Properties in a research note on Monday, February 26th. They issued an “equal weight” rating for the company. Finally, Bank of America initiated coverage on shares of VICI Properties in a research note on Monday, February 26th. They issued a “neutral” rating and a $21.00 target price for the company. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $22.00.

VICI Properties Company Profile

VICI Properties Inc owns, acquires, and develops gaming, hospitality, and entertainment destinations in the United States. The company operates through two segments, Real Property Business and Golf Course Business. Its property portfolio consists of 19 properties, including Caesars Palace, a gaming facility in the Las Vegas Strip.

Institutional Ownership by Quarter for VICI Properties (NYSE:VICI)

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