Research analysts at Barclays began coverage on shares of VICI Properties (NYSE:VICI) in a report released on Monday, MarketBeat Ratings reports. The firm set an “equal weight” rating and a $22.00 price target on the stock. Barclays’ price target would suggest a potential upside of 13.05% from the stock’s current price.
VICI Properties (VICI) opened at $19.46 on Monday. VICI Properties has a 12 month low of $18.00 and a 12 month high of $22.99.
In other news, CEO Edward Baltazar Pitoniak bought 26,200 shares of the stock in a transaction on Thursday, February 1st. The stock was purchased at an average cost of $20.00 per share, with a total value of $524,000.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Michael D. Rumbolz bought 17,500 shares of the stock in a transaction on Thursday, February 1st. The stock was purchased at an average cost of $20.00 per share, with a total value of $350,000.00. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 62,450 shares of company stock valued at $1,249,000.
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VICI Properties Inc is a real estate investment trust. The Company is primarily engaged in the business of owning, acquiring and developing gaming, hospitality and entertainment destinations. It operates through two segments: real property business and golf course business. The real property business segment consists of leased real property.
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