Swiss National Bank Has $36.92 Million Stock Position in Gaming and Leisure Properties, Inc. $GLPI

Swiss National Bank lowered its position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 4.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 792,045 shares of the real estate investment trust’s stock after selling 39,800 shares during the period. Swiss National Bank owned 0.28% of Gaming and Leisure Properties worth $36,917,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Spire Wealth Management raised its position in shares of Gaming and Leisure Properties by 62.3% during the third quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 238 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in Gaming and Leisure Properties by 89.3% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 309 shares during the period. Quent Capital LLC bought a new stake in Gaming and Leisure Properties during the 3rd quarter valued at $31,000. Bayforest Capital Ltd increased its stake in Gaming and Leisure Properties by 412.1% during the 3rd quarter. Bayforest Capital Ltd now owns 676 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 544 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in Gaming and Leisure Properties during the second quarter worth $39,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GLPI. Scotiabank raised their price objective on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the company a “sector perform” rating in a research note on Tuesday. Stifel Nicolaus set a $48.50 target price on shares of Gaming and Leisure Properties in a report on Thursday, February 12th. Mizuho raised their price target on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 22nd. Finally, Royal Bank Of Canada boosted their price objective on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Gaming and Leisure Properties presently has a consensus rating of “Moderate Buy” and an average price target of $52.41.

Gaming and Leisure Properties Stock Down 0.4%

GLPI traded down $0.21 during mid-day trading on Friday, reaching $48.15. 348,037 shares of the stock were exchanged, compared to its average volume of 2,429,499. Gaming and Leisure Properties, Inc. has a 1 year low of $41.17 and a 1 year high of $51.44. The company has a debt-to-equity ratio of 1.45, a quick ratio of 3.84 and a current ratio of 3.84. The stock has a market capitalization of $13.64 billion, a PE ratio of 16.52, a price-to-earnings-growth ratio of 2.13 and a beta of 0.64. The company has a 50 day moving average price of $46.45 and a two-hundred day moving average price of $45.66.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. Gaming and Leisure Properties had a net margin of 52.24% and a return on equity of 17.10%. The company had revenue of $407.03 million during the quarter, compared to the consensus estimate of $406.02 million. During the same quarter in the prior year, the company posted $0.95 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. As a group, research analysts anticipate that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current year.

Gaming and Leisure Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $3.12 annualized dividend and a dividend yield of 6.5%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 107.22%.

Insider Activity

In other news, SVP Steven Ladany sold 18,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $44.77, for a total value of $805,860.00. Following the transaction, the senior vice president owned 65,099 shares in the company, valued at $2,914,482.23. The trade was a 21.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Desiree A. Burke sold 9,804 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $49.02, for a total value of $480,592.08. Following the completion of the transaction, the chief financial officer directly owned 128,352 shares of the company’s stock, valued at approximately $6,291,815.04. This represents a 7.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 69,042 shares of company stock worth $3,203,844 in the last quarter. 4.26% of the stock is owned by corporate insiders.

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.