VIRGINIA RETIREMENT SYSTEMS ET Al Sells 361,375 Shares of Gaming and Leisure Properties, Inc. $GLPI

VIRGINIA RETIREMENT SYSTEMS ET Al cut its stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 38.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 576,339 shares of the real estate investment trust’s stock after selling 361,375 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Gaming and Leisure Properties were worth $21,884,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Gaming and Leisure Properties during the 3rd quarter worth $29,000. Markowski Investments purchased a new position in shares of Gaming and Leisure Properties in the 2nd quarter worth $35,000. Parkside Financial Bank & Trust boosted its holdings in Gaming and Leisure Properties by 115.2% in the second quarter. Parkside Financial Bank & Trust now owns 794 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 425 shares during the last quarter. Root Financial Partners LLC acquired a new position in Gaming and Leisure Properties in the third quarter valued at $30,000. Finally, Mather Group LLC. boosted its holdings in Gaming and Leisure Properties by 54.2% in the third quarter. Mather Group LLC. now owns 799 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 281 shares during the last quarter. 91.14% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Morgan Stanley lowered their price target on Gaming and Leisure Properties from $55.00 to $50.00 and set an “equal weight” rating for the company in a research report on Thursday, September 17th. Wells Fargo & Company cut their price objective on Gaming and Leisure Properties from $43.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, October 19th. Weiss Ratings lowered Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Raymond James Financial reaffirmed 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. Finally, JPMorgan Chase & Co. cut Gaming and Leisure Properties from an “overweight” rating to a “neutral” rating and set a $46.00 target price for the company. in a report on Thursday, September 24th. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.69.

Gaming and Leisure Properties Price Performance

Gaming and Leisure Properties stock opened at $38.98 on Friday. Gaming and Leisure Properties, Inc. has a 52-week low of $37.33 and a 52-week high of $49.95. The firm has a fifty day moving average of $39.91 and a 200-day moving average of $44.50. The firm has a market capitalization of $11.34 billion, a P/E ratio of 11.92, a PEG ratio of 1.63 and a beta of 0.65. 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 (NASDAQ:GLPI) last announced its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.09). Gaming and Leisure Properties had a return on equity of 18.34% and a net margin of 55.71%. The business had revenue of $435.45 million for the quarter, compared to analysts’ expectations of $436.30 million. During the same period last year, the company posted $0.97 earnings per share. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. As a group, analysts predict that Gaming and Leisure Properties, Inc. will post 4.03 EPS for the current year.

Gaming and Leisure Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date was Friday, September 11th. Gaming and Leisure Properties’s payout ratio is currently 100.31%.

Insider Activity at Gaming and Leisure Properties

In related news, Director Earl C. Shanks acquired 10,000 shares of Gaming and Leisure Properties stock in a transaction on Tuesday, August 18th. The shares were bought at an average price of $42.24 per share, for a total transaction of $422,400.00. Following the completion of the purchase, the director directly owned 107,259 shares in the company, valued at $4,530,620.16. This trade represents a 10.28% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 4.11% of the stock is currently owned by corporate insiders.

Trending Headlines about Gaming and Leisure Properties

Here are the key news stories impacting Gaming and Leisure Properties this week:

• Positive Sentiment: GLPI reported record third-quarter revenue of approximately $435.5 million, up 9.5% year over year, indicating continued growth in its gaming real-estate portfolio. Gaming and Leisure Properties Reports Record Third Quarter Results
• Positive Sentiment: Third-quarter funds from operations (FFO), a key REIT performance measure, came in at $1.04 per share, exceeding the $1.02 analyst consensus and improving from $0.97 a year earlier. Gaming and Leisure Properties GLPI Q3 FFO Surpass Estimates
• Positive Sentiment: The company entered a joint venture with Prologis to redevelop the former Hollywood Casino Joliet site, marking GLPI’s first investment outside traditional gaming real estate and potentially broadening its future growth opportunities. GLPI enters JV with Prologis to develop former Hollywood Casino Joliet site
• Neutral Sentiment: Management discussed the quarter and company outlook on the October 30 earnings call; investors will focus on commentary regarding rent coverage, capital deployment and the Prologis partnership. GLPI Q3 2026 Earnings Call Transcript
• Negative Sentiment: GAAP earnings per share were $0.71, missing the $0.80 consensus estimate and declining from $0.97 in the prior-year quarter. Net income also fell despite the revenue increase, creating the primary source of pressure on the stock. GLPI Third Quarter Earnings Report

About Gaming and Leisure Properties

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust that owns and leases gaming and entertainment properties. The company primarily operates as a landlord, generating rental income through long-term agreements with casino operators rather than directly managing most of the gaming facilities located on its properties.

GLPI’s portfolio includes casinos, resorts, racetracks and related entertainment facilities across the United States. Its leases are generally structured as triple-net agreements, under which tenants are typically responsible for property-level expenses such as maintenance, insurance and real estate taxes.