Tredje AP fonden Acquires 15,588 Shares of Gaming and Leisure Properties, Inc. $GLPI

Tredje AP fonden increased its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 254.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 21,707 shares of the real estate investment trust’s stock after purchasing an additional 15,588 shares during the period. Tredje AP fonden’s holdings in Gaming and Leisure Properties were worth $970,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in Gaming and Leisure Properties in the 4th quarter worth about $29,000. International Assets Investment Management LLC bought a new stake in Gaming and Leisure Properties in the 4th quarter worth about $31,000. True Wealth Design LLC increased its holdings in Gaming and Leisure Properties by 238.3% in the 4th quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 610 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Gaming and Leisure Properties by 107.7% in the third quarter. EverSource Wealth Advisors LLC now owns 887 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 460 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Gaming and Leisure Properties by 48.2% in the third quarter. Smartleaf Asset Management LLC now owns 1,212 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 394 shares during the last quarter. 91.14% of the stock is currently owned by institutional investors.

Gaming and Leisure Properties Stock Down 0.7%

Shares of GLPI opened at $47.22 on Thursday. The business’s 50 day moving average is $46.75 and its 200 day moving average is $45.74. The company has a market capitalization 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, Inc. has a 12-month low of $41.17 and a 12-month high of $49.95. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.62.

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

Insider Activity at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 4,000 shares of Gaming and Leisure Properties stock in a transaction that occurred 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 approximately $6,178,421.73. This trade represents a 2.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Desiree A. Burke sold 9,804 shares of Gaming and Leisure Properties stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $49.02, for a total value of $480,592.08. Following the sale, the chief financial officer directly owned 128,352 shares in the company, valued at $6,291,815.04. This trade represents a 7.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 32,178 shares of company stock valued at $1,552,938. 4.11% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Mizuho raised their target price on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Barclays raised their target price on Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Scotiabank raised their target price on Gaming and Leisure Properties from $50.00 to $52.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 12th. Royal Bank Of Canada raised their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Finally, Stifel Nicolaus set a $50.00 price objective on Gaming and Leisure Properties in a research report on Friday, April 24th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Gaming and Leisure Properties has a consensus rating of “Moderate Buy” and a consensus price target of $52.50.

Gaming and Leisure Properties Company 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.