Commerzbank Aktiengesellschaft FI Takes Position in Gaming and Leisure Properties, Inc. $GLPI

Commerzbank Aktiengesellschaft FI purchased a new stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 14,009 shares of the real estate investment trust’s stock, valued at approximately $624,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GLPI. SHP Wealth Management purchased a new position in Gaming and Leisure Properties during the fourth 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 about $31,000. Essential Partners LLC increased its stake in shares of 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 worth $39,000 after purchasing an additional 240 shares in the last quarter. Blue Trust Inc. acquired a new position in shares of Gaming and Leisure Properties during the 1st quarter worth about $40,000. Finally, Persistent Asset Partners Ltd acquired a new position in shares of Gaming and Leisure Properties during the 2nd quarter worth about $40,000. Hedge funds and other institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Trading Down 0.4%

GLPI opened at $42.08 on Wednesday. The stock has a market capitalization of $12.24 billion, a PE ratio of 12.34, a P/E/G ratio of 1.82 and a beta of 0.66. Gaming and Leisure Properties, Inc. has a one year low of $41.17 and a one 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. The business’s 50 day moving average price is $44.58 and its 200 day moving average price is $46.09.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, hitting 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 during the quarter, compared to analysts’ expectations of $428.51 million. During the same quarter last year, the firm earned $0.96 earnings per share. The firm’s quarterly 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. As a group, equities research analysts expect that Gaming and Leisure Properties, Inc. will post 4.03 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on GLPI shares. Cantor Fitzgerald lowered their price objective on Gaming and Leisure Properties from $52.00 to $48.00 and set a “neutral” rating on the stock in a report on Monday, August 10th. Barclays decreased their target price on Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Wells Fargo & Company lowered their price target on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 15th. Weiss Ratings cut Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $47.00 price objective on shares of Gaming and Leisure Properties in a research note on Thursday, August 13th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $49.91.

Insider Buying and Selling at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total transaction of $144,960.00. Following the completion of the sale, the director directly owned 127,429 shares of the company’s stock, valued at approximately $6,157,369.28. This trade represents a 2.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.11% of the company’s stock.

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.