Groupe la Francaise Invests $559,000 in Gaming and Leisure Properties, Inc. $GLPI

Groupe la Francaise purchased a new position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,549 shares of the real estate investment trust’s stock, valued at approximately $559,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new stake in shares of Gaming and Leisure Properties during the 4th quarter valued at $30,000. International Assets Investment Management LLC purchased a new stake in shares of Gaming and Leisure Properties during the fourth quarter worth $31,000. Markowski Investments purchased a new stake in shares of Gaming and Leisure Properties during the second quarter worth $35,000. Essential Partners LLC boosted its position in Gaming and Leisure Properties by 38.2% during the first quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 240 shares during the last quarter. Finally, Blue Trust Inc. acquired a new stake in Gaming and Leisure Properties during the first quarter valued at $40,000. 91.14% of the stock is owned by hedge funds and other institutional investors.

Gaming and Leisure Properties Stock Performance

NASDAQ:GLPI opened at $41.62 on Wednesday. The firm has a market capitalization of $12.11 billion, a PE ratio of 12.21, a price-to-earnings-growth ratio of 1.75 and a beta of 0.65. The company has a quick ratio of 4.74, a current ratio of 4.74 and a debt-to-equity ratio of 1.51. Gaming and Leisure Properties, Inc. has a 12-month low of $41.17 and a 12-month high of $49.95. The firm has a 50-day moving average price of $43.60 and a 200 day moving average price of $45.76.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings data 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 return on equity of 19.17% and a net margin of 59.01%.The company had revenue of $430.52 million for the quarter, compared to analyst estimates of $428.51 million. During the same period in the prior year, the company posted $0.96 EPS. The company’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. Research analysts anticipate that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Friday, September 11th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 96.19%.

Insider Buying and Selling

In other news, Director Earl C. Shanks purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were acquired at an average price of $42.24 per share, for a total transaction of $422,400.00. Following the completion of the acquisition, the director directly owned 107,259 shares in the company, valued at approximately $4,530,620.16. The trade was a 10.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on GLPI shares. Morgan Stanley raised their price target on Gaming and Leisure Properties from $53.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. UBS Group set a $49.00 price objective on Gaming and Leisure Properties in a research note on Thursday, June 18th. Mizuho cut their target price on shares of Gaming and Leisure Properties from $53.00 to $48.00 and set an “outperform” rating for the company in a research report on Wednesday, September 2nd. Weiss Ratings downgraded Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. dropped their price objective on Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 30th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $49.27.

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.