OneDigital Investment Advisors LLC Invests $4.68 Million in Gaming and Leisure Properties, Inc. $GLPI

OneDigital Investment Advisors LLC bought a new position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 105,190 shares of the real estate investment trust’s stock, valued at approximately $4,684,000.

Other institutional investors have also bought and sold shares of the company. SHP Wealth Management acquired a new position in Gaming and Leisure Properties during the fourth quarter worth $30,000. International Assets Investment Management LLC acquired a new stake in shares of Gaming and Leisure Properties in the 4th quarter valued at $31,000. Essential Partners LLC grew its holdings in shares of Gaming and Leisure Properties by 38.2% in the 1st quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 240 shares during the last quarter. Blue Trust Inc. bought a new stake in shares of Gaming and Leisure Properties in the 1st quarter worth about $40,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of Gaming and Leisure Properties during the 4th quarter worth about $53,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Analyst Ratings Changes

GLPI has been the subject of several analyst reports. Morgan Stanley lifted their price target on shares of Gaming and Leisure Properties from $53.00 to $55.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. UBS Group set a $49.00 price objective on shares of Gaming and Leisure Properties in a research note on Thursday, June 18th. Royal Bank Of Canada dropped their price objective on shares of Gaming and Leisure Properties from $54.00 to $52.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Raymond James Financial reiterated an “outperform” rating and issued a $47.00 target price on shares of Gaming and Leisure Properties in a research note on Thursday. Finally, Weiss Ratings lowered Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $49.91.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ GLPI opened at $43.57 on Monday. The firm’s 50-day simple moving average is $44.78 and its 200 day simple moving average is $46.14. The company has a market cap of $12.68 billion, a price-to-earnings ratio of 12.78, a price-to-earnings-growth ratio of 1.82 and a beta of 0.66. 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.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.80 EPS for the quarter, hitting analysts’ consensus estimates of $0.80. Gaming and Leisure Properties had a net margin of 59.01% and a return on equity of 19.17%. The firm had revenue of $430.52 million for the quarter, compared to analyst estimates of $428.51 million. During the same quarter in the prior year, the firm earned $0.96 EPS. The company’s revenue was up 9.0% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. On average, research analysts expect that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current fiscal year.

Gaming and Leisure Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were issued a $0.82 dividend. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend was Friday, June 12th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is 96.19%.

Insider Buying and Selling at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the transaction, the director owned 127,429 shares in the company, valued at $6,157,369.28. The trade was a 2.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 4.11% of the stock is currently owned by corporate 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.