Strategic Global Advisors LLC Acquires Shares of 20,301 Gaming and Leisure Properties, Inc. $GLPI

Strategic Global Advisors LLC acquired a new stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 20,301 shares of the real estate investment trust’s stock, valued at approximately $907,000.

A number of other large investors have also recently added to or reduced their stakes in GLPI. V Square Quantitative Management LLC bought a new position in Gaming and Leisure Properties during the 4th quarter valued at $29,000. International Assets Investment Management LLC acquired a new stake in shares of Gaming and Leisure Properties during the fourth quarter worth $31,000. True Wealth Design LLC raised its holdings in shares of Gaming and Leisure Properties by 238.3% during the fourth quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 610 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Gaming and Leisure Properties by 107.7% during the third quarter. EverSource Wealth Advisors LLC now owns 887 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 460 shares during the period. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Gaming and Leisure Properties by 48.2% during the third quarter. Smartleaf Asset Management LLC now owns 1,212 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 394 shares during the period. 91.14% of the stock is currently owned by institutional investors.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ:GLPI opened at $47.47 on Monday. The stock has a market capitalization of $13.45 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 2.05 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’s fifty day moving average is $47.09 and its two-hundred day moving average is $46.09. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. The business had revenue of $419.99 million for the quarter, compared to analysts’ expectations of $417.15 million. During the same quarter last year, the company earned $0.96 EPS. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. Equities analysts anticipate that Gaming and Leisure Properties, Inc. will post 4 EPS for the current year.

Gaming and Leisure Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be issued a $0.82 dividend. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend is Friday, June 12th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 6.9%. Gaming and Leisure Properties’s dividend payout ratio is 104.13%.

Insider Buying and Selling at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total value of $144,960.00. Following 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.11% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on GLPI shares. Stifel Nicolaus set a $50.00 target price on shares of Gaming and Leisure Properties in a report on Friday, April 24th. Scotiabank increased their target price on shares of Gaming and Leisure Properties from $50.00 to $52.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Weiss Ratings raised shares of 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 target price on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Finally, Mizuho increased their target price on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.89.

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.