The Manufacturers Life Insurance Company Grows Position in Gaming and Leisure Properties, Inc. $GLPI

The Manufacturers Life Insurance Company boosted its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 5.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 363,705 shares of the real estate investment trust’s stock after acquiring an additional 18,851 shares during the period. The Manufacturers Life Insurance Company owned about 0.13% of Gaming and Leisure Properties worth $16,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in GLPI. Colonial River Investments LLC raised its holdings in shares of Gaming and Leisure Properties by 2.1% in the 4th quarter. Colonial River Investments LLC now owns 10,893 shares of the real estate investment trust’s stock valued at $487,000 after purchasing an additional 227 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Gaming and Leisure Properties by 0.4% during 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 purchasing an additional 237 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in Gaming and Leisure Properties by 0.9% during 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 increased its holdings in Gaming and Leisure Properties by 0.4% during 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 increased its holdings in Gaming and Leisure Properties by 2.9% during 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. Hedge funds and other institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Trading Up 0.2%

NASDAQ GLPI opened at $44.79 on Friday. Gaming and Leisure Properties, Inc. has a 52 week low of $41.17 and a 52 week high of $49.95. The company has a 50 day moving average price of $45.45 and a 200 day moving average price of $46.26. The company has a quick ratio of 6.29, a current ratio of 6.29 and a debt-to-equity ratio of 1.62. The firm has a market cap of $12.69 billion, a PE ratio of 13.13, a price-to-earnings-growth ratio of 1.98 and a beta of 0.66.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share for the quarter, meeting the consensus estimate of $0.80. Gaming and Leisure Properties had a net margin of 59.01% and a return on equity of 19.53%. The company had revenue of $430.52 million during the quarter, compared to the consensus estimate of $428.51 million. During the same period last year, the firm earned $0.96 earnings per share. Gaming and Leisure Properties’s revenue was up 9.0% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. As a group, sell-side analysts forecast that Gaming and Leisure Properties, Inc. will post 4.01 EPS for the current fiscal year.

Gaming and Leisure Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were issued a dividend of $0.82 per share. The ex-dividend date was Friday, June 12th. This represents a $3.28 annualized dividend and a dividend yield of 7.3%. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 96.19%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Morgan Stanley upped their target price on Gaming and Leisure Properties from $53.00 to $55.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. Barclays cut their price target on Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Wells Fargo & Company reduced their price target on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Weiss Ratings upgraded Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Finally, UBS Group set a $49.00 price objective on Gaming and Leisure Properties in a research report on Thursday, June 18th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $50.40.

Trending Headlines about Gaming and Leisure Properties

Here are the key news stories impacting Gaming and Leisure Properties this week:

• Positive Sentiment: 2026 guidance is above expectations. GLPI raised or reaffirmed full-year 2026 EPS guidance at $4.10-$4.12, above the $4.01 analyst consensus. The forecast provides a favorable signal for earnings visibility and may support the valuation. GLPI Reports Record Second Quarter Results and Updates 2026 Full-Year Guidance
• Positive Sentiment: Quarterly operating results exceeded expectations. Second-quarter revenue increased 9% year over year to $430.5 million, surpassing the $428.5 million consensus estimate. Funds from operations (FFO) rose to $1.03 per share from $0.96 a year earlier and exceeded estimates by one cent, reinforcing the strength of GLPI’s recurring real-estate income model. GLPI Surpasses Q2 FFO and Revenue Estimates
• Neutral Sentiment: Broker sentiment remains cautious. Analysts collectively rate GLPI “Hold,” indicating that the improved outlook may already be reflected in the stock price and that brokers see limited near-term upside. GLPI Given Average Hold Recommendation
• Negative Sentiment: GAAP EPS declined year over year. Reported EPS of $0.80 matched expectations but fell from $0.96 in the prior-year quarter, tempering the otherwise strong revenue and FFO performance. GLPI Second-Quarter and First-Half Results

Insider Buying and Selling at Gaming and Leisure Properties

In other news, Director E Scott Urdang sold 3,000 shares of the firm’s 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 sale, the director owned 127,429 shares of the company’s stock, valued at $6,157,369.28. This trade represents a 2.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.11% of the stock is owned by insiders.

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.