918,191 Shares in Gaming and Leisure Properties, Inc. $GLPI Purchased by Jupiter Topco LLC

Jupiter Topco LLC purchased a new position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the second quarter, HoldingsChannel reports. The institutional investor purchased 918,191 shares of the real estate investment trust’s stock, valued at approximately $40,896,000.

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

Gaming and Leisure Properties Stock Down 0.6%

GLPI opened at $42.31 on Friday. The firm has a 50 day moving average price of $44.07 and a 200 day moving average price of $46.00. The company has a market cap of $12.31 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 1.78 and a beta of 0.66. Gaming and Leisure Properties, Inc. has a 1 year low of $41.17 and a 1 year high of $49.95. The company has a debt-to-equity ratio of 1.51, a quick ratio of 4.74 and a current ratio of 4.74.

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

Insider Buying and Selling at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director Earl C. Shanks bought 10,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average price of $42.24 per share, with a total value of $422,400.00. Following the purchase, the director owned 107,259 shares in the company, valued at approximately $4,530,620.16. The trade was a 10.28% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director E Scott Urdang sold 3,000 shares of Gaming and Leisure Properties stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following 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. Additional details regarding this sale are available in the official SEC disclosure. 4.11% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on GLPI shares. Barclays cut their price target on shares of Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. lowered their price objective on shares of Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating for the company in a research note on Tuesday, June 30th. Morgan Stanley upped their price objective 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. Wells Fargo & Company cut their target price on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 15th. Finally, UBS Group set a $49.00 target price on Gaming and Leisure Properties in a report on Thursday, June 18th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Gaming and Leisure Properties presently has an average rating of “Moderate Buy” and a consensus target price of $49.91.

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.