HighTower Advisors LLC Lowers Holdings in Gaming and Leisure Properties, Inc. $GLPI

HighTower Advisors LLC trimmed its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,680,582 shares of the real estate investment trust’s stock after selling 41,889 shares during the period. HighTower Advisors LLC’s holdings in Gaming and Leisure Properties were worth $75,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GLPI. V Square Quantitative Management LLC bought a new position in Gaming and Leisure Properties during the 4th quarter worth about $29,000. International Assets Investment Management LLC bought a new position in Gaming and Leisure Properties during the 4th quarter worth about $31,000. True Wealth Design LLC grew its holdings in Gaming and Leisure Properties by 238.3% during the 4th quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 610 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Gaming and Leisure Properties by 107.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 887 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 460 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Gaming and Leisure Properties by 48.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,212 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 394 shares in the last quarter. 91.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Gaming and Leisure Properties

In other news, COO Brandon John Moore sold 16,884 shares of Gaming and Leisure Properties stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $48.05, for a total transaction of $811,276.20. Following the completion of the sale, the chief operating officer directly owned 257,874 shares in the company, valued at approximately $12,390,845.70. The trade was a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director E Scott Urdang sold 4,000 shares of Gaming and Leisure Properties stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $47.37, for a total transaction of $189,480.00. Following the sale, the director owned 130,429 shares of the company’s stock, valued at $6,178,421.73. The trade was a 2.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 32,178 shares of company stock worth $1,552,938. 4.11% of the stock is owned by insiders.

Gaming and Leisure Properties Trading Down 0.7%

Gaming and Leisure Properties stock opened at $47.22 on Thursday. The stock has a 50-day moving average of $46.75 and a two-hundred day moving average of $45.74. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29. Gaming and Leisure Properties, Inc. has a one year low of $41.17 and a one year high of $49.95. The stock has a market cap of $13.38 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 2.05 and a beta of 0.68.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Gaming and Leisure Properties had a return on equity of 18.06% and a net margin of 55.56%.The company had revenue of $419.99 million during the quarter, compared to analysts’ expectations of $417.15 million. During the same period last year, the business posted $0.96 earnings per share. The firm’s revenue was up 6.3% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. On average, research analysts anticipate that Gaming and Leisure Properties, Inc. will post 4 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on GLPI shares. Stifel Nicolaus set a $50.00 target price on shares of Gaming and Leisure Properties in a report on Friday, April 24th. Weiss Ratings upgraded Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Scotiabank lifted their price target on Gaming and Leisure Properties from $50.00 to $52.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Royal Bank Of Canada lifted their price target on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. Finally, Mizuho lifted their price target on Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Gaming and Leisure Properties currently has a consensus rating of “Moderate Buy” and an average target price of $52.50.

Gaming and Leisure Properties Profile

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust (REIT) specializing in the ownership and management of gaming and entertainment properties. Established in 2013 as a spin-off from Penn National Gaming, the company was designed to acquire and hold real estate assets associated with casinos, racetracks and other gaming facilities, while leasing those assets back to operating partners under long-term, triple-net lease agreements.

The company’s core activities involve identifying attractive gaming real estate, structuring lease agreements that align tenant incentives with property performance, and actively managing its portfolio to enhance asset value.