LSV Asset Management Makes New Investment in Gaming and Leisure Properties, Inc. $GLPI

LSV Asset Management bought a new position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 598,300 shares of the real estate investment trust’s stock, valued at approximately $26,738,000.

Several other large investors have also recently added to or reduced their stakes in GLPI. First Trust Advisors LP increased its position in Gaming and Leisure Properties by 78.7% in the second quarter. First Trust Advisors LP now owns 283,963 shares of the real estate investment trust’s stock worth $13,255,000 after buying an additional 125,098 shares during the period. Cerity Partners LLC increased its position in Gaming and Leisure Properties by 18.6% in the second quarter. Cerity Partners LLC now owns 10,233 shares of the real estate investment trust’s stock worth $478,000 after buying an additional 1,608 shares during the period. Bank of Nova Scotia increased its holdings in shares of Gaming and Leisure Properties by 16.6% during the second quarter. Bank of Nova Scotia now owns 18,603 shares of the real estate investment trust’s stock valued at $868,000 after purchasing an additional 2,646 shares during the period. AXA S.A. increased its holdings in shares of Gaming and Leisure Properties by 478.5% during the second quarter. AXA S.A. now owns 39,543 shares of the real estate investment trust’s stock valued at $1,846,000 after purchasing an additional 32,708 shares during the period. Finally, Squarepoint Ops LLC increased its holdings in shares of Gaming and Leisure Properties by 276.2% during the second quarter. Squarepoint Ops LLC now owns 70,459 shares of the real estate investment trust’s stock valued at $3,289,000 after purchasing an additional 51,731 shares during the period. 91.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, COO Brandon John Moore sold 16,884 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total transaction of $811,276.20. Following the completion of the transaction, the chief operating officer owned 257,874 shares of the company’s stock, valued at $12,390,845.70. This trade represents a 6.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Desiree A. Burke sold 9,804 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $49.02, for a total value of $480,592.08. Following the transaction, the chief financial officer directly owned 128,352 shares of the company’s stock, valued at $6,291,815.04. This represents a 7.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Mizuho raised their price target 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. Royal Bank Of Canada raised their price target 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. Scotiabank raised their price target 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. Barclays raised their price target on Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Finally, Stifel Nicolaus set a $50.00 price target on Gaming and Leisure Properties in a report on Friday, April 24th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $52.50.

Gaming and Leisure Properties Price Performance

Shares of GLPI opened at $47.78 on Monday. The firm has a market capitalization of $13.54 billion, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 2.07 and a beta of 0.68. 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, Inc. has a one year low of $41.17 and a one year high of $49.95. The stock’s fifty day moving average is $46.73 and its 200-day moving average is $45.77.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced 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 analysts’ expectations of $417.15 million. During the same quarter last year, the business posted $0.96 earnings per share. The company’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 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 announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be paid a dividend of $0.82 per share. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Friday, June 12th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is 99.05%.

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.