The shares of VICI Properties Inc. (NYSE:VICI) has been pegged with a rating of Buy by Ladenburg Thalmann in its latest research note that was published on January 16th, 2019. The research company has also assigned a $24 price target. Ladenburg Thalmann wasn’t the only research firm that published a report of VICI Properties Inc., with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on January 10th, 2019, to Buy the VICI stock. The stock had earned Buy rating from SunTrust when it published its report on November 19th, 2018. That day the SunTrust set price target on the stock to $26. The stock was given Buy rating by BofA/Merrill in its report released on October 15th, 2018. Wells Fargo was of a view that VICI is Market Perform in its latest report on July 11th, 2018 while giving it a price target of $22.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $24.42. The price of the stock the last time has raised by 22.07% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 57.95.
The shares of the company dipped by -0.05% during the trading session on Tuesday, reaching a low of $21.35 while ending the day at $21.46. During the trading session, a total of 2.49 million shares were traded which represents a 28.54% incline from the average session volume which is 3.48M shares. VICI had ended its last session trading at 21.47. VICI Properties Inc. currently has a market cap of $8.60B, while its P/E ratio stands at 15.08, while its P/E earnings growth sits at 9.57. VICI Properties Inc. debt-to-equity ratio currently stands at 0.60, while its quick ratio hovers at 6.40. VICI 52-week low price stands at $17.58 while its 52-week high price is $22.37.
The company in its last quarterly report recorded $0.35 earnings per share which is below the $0.39 predicted by most analysts. The VICI Properties Inc. generated $226.04 million in revenue during the last quarter, which is slightly lower than the $233.56 million predicted by analysts. In the second quarter last year, the firm recorded $0.38 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -8.57%. VICI Properties Inc. has the potential to record 1.42 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Barclays published a research note on December 18th, 2018 where it informed investors and clients that Sunstone Hotel Investors, Inc. (NYSE:SHO) is now rated as Equal Weight. Their price target on the stock stands at $16. Goldman also rated SHO as Upgrade on January 10th, 2019, with its price target of $71 suggesting that SHO could surge by 0.47% from its current share price. Even though the stock has been trading at $15.02/share, analysts expect it to surge higher by -2.13% to reach $14.77/share. It started the day trading at $15.06 and traded between $14.67 and $14.70 throughout the trading session.
A look at its technical shows that SHO’s 50-day SMA is 14.31 while its 200-day SMA stands at 15.48. The stock has a high of $17.60 for the year while the low is $12.70. The company’s P/E ratio currently sits at 14.11, while the P/B ratio is 1.35. At the moment, only of Sunstone Hotel Investors, Inc. shares were sold short. The company’s average trading volume currently stands at 2.41M shares, which means that the short-interest ratio is just 3.26 days. Over the past seven days, the company moved, with its shift of -2.91%. Looking further, the stock has dropped -0.07% over the past 90 days while it lost -11.82% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more SHO shares, increasing its portfolio by +0.40% during the last quarter. This move now sees The Vanguard Group Inc purchasing 129,790 shares in the last quarter, thus it now holds 32,521,664 shares of SHO, with a total valuation of $489,451,043. BlackRock Fund Advisors meanwhile bought more SHO shares in the recently filed quarter, changing its stake to $290,078,290 worth of shares. Principal Global Investors LLC followed the path by increasing its SHO portfolio by +11.85% in the quarter. This means that Principal Global Investors LLC bought 1,422,768 shares in the last quarter and now controls 13,432,836 shares of the SHO stock, with the valuation hitting $202,164,182.
Similarly, Cohen Steers Capital Management decreased its Sunstone Hotel Investors, Inc. shares by -11.03% during the recently filed quarter. After selling -1,517,076 shares in the last quarter, the firm now controls 12,236,624 shares of Sunstone Hotel Investors, Inc. which are valued at $184,161,191. In the same vein, PGGM Vermogensbeheer BV increased its Sunstone Hotel Investors, Inc. shares by during the most recent reported quarter. The firm bought 6,650,000 shares during the quarter which increased its stakes to 11,977,005 shares and is now valued at $180,253,925. Following these latest developments, around 0.90% of Sunstone Hotel Investors, Inc. stocks are owned by institutional investors and hedge funds.