Fuller & Thaler Asset Management Inc. Has $3.24 Million Holdings in Gaming and Leisure Properties, Inc. $GLPI

Fuller & Thaler Asset Management Inc. cut its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 34.7% during the first quarter, HoldingsChannel.com reports. The firm owned 63,613 shares of the real estate investment trust’s stock after selling 33,772 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in Gaming and Leisure Properties were worth $3,238,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in GLPI. Townsquare Capital LLC lifted its position in Gaming and Leisure Properties by 15.4% during the 4th quarter. Townsquare Capital LLC now owns 5,397 shares of the real estate investment trust’s stock valued at $260,000 after purchasing an additional 719 shares during the period. XTX Topco Ltd bought a new stake in shares of Gaming and Leisure Properties in the 4th quarter valued at about $209,000. First Trust Advisors LP increased its stake in shares of Gaming and Leisure Properties by 70.0% in the 4th quarter. First Trust Advisors LP now owns 210,619 shares of the real estate investment trust’s stock valued at $10,143,000 after acquiring an additional 86,715 shares during the last quarter. MML Investors Services LLC increased its stake in shares of Gaming and Leisure Properties by 6.9% in the 4th quarter. MML Investors Services LLC now owns 76,870 shares of the real estate investment trust’s stock valued at $3,702,000 after acquiring an additional 4,985 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of Gaming and Leisure Properties by 21.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 14,572 shares of the real estate investment trust’s stock valued at $702,000 after acquiring an additional 2,611 shares during the last quarter. 91.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Stifel Nicolaus cut Gaming and Leisure Properties from a “buy” rating to a “hold” rating and set a $51.25 price target for the company. in a research note on Monday, July 21st. Wells Fargo & Company lowered their price target on Gaming and Leisure Properties from $51.00 to $49.00 and set an “equal weight” rating for the company in a research note on Monday, June 2nd. Wedbush set a $55.00 price target on Gaming and Leisure Properties in a research note on Monday, April 28th. Macquarie lowered their price target on Gaming and Leisure Properties from $60.00 to $59.00 and set an “outperform” rating for the company in a research note on Monday, July 28th. Finally, Scotiabank lowered their target price on Gaming and Leisure Properties from $49.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, May 12th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Gaming and Leisure Properties currently has a consensus rating of “Moderate Buy” and a consensus target price of $52.87.

Insider Buying and Selling at Gaming and Leisure Properties

In other news, Director E Scott Urdang sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $46.58, for a total transaction of $186,320.00. Following the completion of the transaction, the director directly owned 136,953 shares of the company’s stock, valued at $6,379,270.74. This trade represents a 2.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.26% of the stock is owned by corporate insiders.

Gaming and Leisure Properties Price Performance

NASDAQ GLPI opened at $47.47 on Thursday. The business has a 50 day simple moving average of $46.82 and a 200 day simple moving average of $47.87. Gaming and Leisure Properties, Inc. has a 52-week low of $44.48 and a 52-week high of $52.60. The company has a debt-to-equity ratio of 1.41, a quick ratio of 7.39 and a current ratio of 7.39. The stock has a market cap of $13.43 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 10.22 and a beta of 0.71.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its earnings results on Thursday, July 24th. The real estate investment trust reported $0.96 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.01). Gaming and Leisure Properties had a return on equity of 15.43% and a net margin of 46.32%.The business had revenue of $394.90 million for the quarter, compared to the consensus estimate of $397.27 million. During the same period in the previous year, the company posted $0.94 earnings per share. Gaming and Leisure Properties’s revenue for the quarter was up 3.8% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2025 guidance at 3.850-3.87 EPS. Analysts anticipate that Gaming and Leisure Properties, Inc. will post 3.81 earnings per share for the current fiscal year.

About Gaming and Leisure Properties

Gaming & Leisure Properties, Inc engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.