GSI Capital Advisors LLC Acquires 20,490 Shares of Gaming and Leisure Properties, Inc. $GLPI

GSI Capital Advisors LLC increased its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 28.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 92,950 shares of the real estate investment trust’s stock after buying an additional 20,490 shares during the quarter. Gaming and Leisure Properties accounts for about 2.3% of GSI Capital Advisors LLC’s holdings, making the stock its 19th biggest holding. GSI Capital Advisors LLC’s holdings in Gaming and Leisure Properties were worth $4,154,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Colonial River Investments LLC increased its position in Gaming and Leisure Properties by 2.1% in the fourth quarter. Colonial River Investments LLC now owns 10,893 shares of the real estate investment trust’s stock worth $487,000 after buying an additional 227 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its stake in shares of Gaming and Leisure Properties by 0.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 63,319 shares of the real estate investment trust’s stock valued at $2,830,000 after buying an additional 237 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of Gaming and Leisure Properties by 0.9% in the third quarter. Kestra Private Wealth Services LLC now owns 27,307 shares of the real estate investment trust’s stock valued at $1,273,000 after buying an additional 245 shares during the period. Gabelli Funds LLC raised its stake in shares of Gaming and Leisure Properties by 0.4% in the fourth quarter. Gabelli Funds LLC now owns 64,782 shares of the real estate investment trust’s stock valued at $2,895,000 after buying an additional 250 shares during the period. Finally, Pure Financial Advisors LLC raised its stake in shares of Gaming and Leisure Properties by 2.9% in the fourth quarter. Pure Financial Advisors LLC now owns 8,943 shares of the real estate investment trust’s stock valued at $400,000 after buying an additional 255 shares during the period. 91.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on GLPI. Scotiabank boosted their target price on Gaming and Leisure Properties from $50.00 to $52.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 12th. Mizuho boosted their target price on Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Stifel Nicolaus set a $50.00 target price on Gaming and Leisure Properties in a research note on Friday, April 24th. Royal Bank Of Canada boosted their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Finally, Weiss Ratings upgraded Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 15th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $52.89.

Insider Buying and Selling at Gaming and Leisure Properties

In other news, Director E Scott Urdang sold 3,000 shares of Gaming and Leisure Properties stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the transaction, the director directly owned 127,429 shares in the company, valued at approximately $6,157,369.28. The trade was a 2.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 4.11% of the company’s stock.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ GLPI opened at $47.87 on Friday. The stock has a market cap of $13.57 billion, a PE ratio of 15.20, a price-to-earnings-growth ratio of 2.09 and a beta of 0.66. Gaming and Leisure Properties, Inc. has a fifty-two week low of $41.17 and a fifty-two week high of $49.95. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29. The stock has a fifty day moving average of $47.03 and a 200-day moving average of $46.06.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.06. The company had revenue of $419.99 million during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the business earned $0.96 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. Equities research analysts anticipate that Gaming and Leisure Properties, Inc. will post 4 earnings per share for the current year.

Gaming and Leisure Properties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 6.9%. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. The ex-dividend date is Friday, June 12th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 99.05%.

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.