Thompson Siegel & Walmsley LLC Grows Stock Position in Gaming and Leisure Properties, Inc. $GLPI

Thompson Siegel & Walmsley LLC lifted its stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 1.3% in the fourth quarter, HoldingsChannel reports. The firm owned 1,494,166 shares of the real estate investment trust’s stock after acquiring an additional 19,744 shares during the quarter. Gaming and Leisure Properties makes up about 1.1% of Thompson Siegel & Walmsley LLC’s investment portfolio, making the stock its 19th biggest position. Thompson Siegel & Walmsley LLC’s holdings in Gaming and Leisure Properties were worth $66,774,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GLPI. National Pension Service lifted its holdings in Gaming and Leisure Properties by 26.6% during the 3rd quarter. National Pension Service now owns 273,012 shares of the real estate investment trust’s stock worth $12,725,000 after buying an additional 57,282 shares during the last quarter. Lighthouse Investment Partners LLC purchased a new position in shares of Gaming and Leisure Properties in the 3rd quarter valued at about $10,117,000. Raiffeisen Bank International AG purchased a new position in shares of Gaming and Leisure Properties in the 3rd quarter valued at about $703,000. Bayhunt Capital LLC purchased a new position in shares of Gaming and Leisure Properties in the 4th quarter valued at about $14,811,000. Finally, LDR Capital Management LLC purchased a new position in shares of Gaming and Leisure Properties in the 4th quarter valued at about $2,392,000. 91.14% of the stock is currently owned by hedge funds and other institutional investors.

Gaming and Leisure Properties Price Performance

Gaming and Leisure Properties stock opened at $46.97 on Monday. 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 company has a market capitalization of $13.31 billion, a P/E ratio of 14.91, a PEG ratio of 2.03 and a beta of 0.66. The stock has a 50-day simple moving average of $46.72 and a 200-day simple moving average of $45.87.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its 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. Gaming and Leisure Properties had a return on equity of 18.06% and a net margin of 55.56%.The business had revenue of $419.99 million during the quarter, compared to the consensus estimate of $417.15 million. During the same period in the previous year, the business earned $0.96 EPS. The business’s quarterly revenue was up 6.3% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. Equities research analysts expect that Gaming and Leisure Properties, Inc. will post 4 earnings per share for the current year.

Gaming and Leisure Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, June 12th. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 99.05%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Scotiabank increased their price objective on Gaming and Leisure Properties from $50.00 to $52.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Weiss Ratings upgraded Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Royal Bank Of Canada increased their price objective on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. Stifel Nicolaus set a $50.00 price objective on Gaming and Leisure Properties in a report on Friday, April 24th. Finally, Mizuho increased their price objective on Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $52.50.

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.