Kera Capital Partners Inc. Invests $604,000 in Gaming and Leisure Properties, Inc. $GLPI

Kera Capital Partners Inc. bought a new position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,503 shares of the real estate investment trust’s stock, valued at approximately $604,000.

A number of other hedge funds also recently made changes to their positions in GLPI. V Square Quantitative Management LLC acquired a new stake in Gaming and Leisure Properties in the fourth quarter valued at approximately $29,000. International Assets Investment Management LLC acquired a new stake in Gaming and Leisure Properties in the fourth quarter valued at $31,000. True Wealth Design LLC increased its holdings in Gaming and Leisure Properties by 238.3% in the fourth quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 610 shares during the period. EverSource Wealth Advisors LLC raised its position in Gaming and Leisure Properties by 107.7% during the 3rd 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 last quarter. Finally, Key Capital Management INC acquired a new position in Gaming and Leisure Properties during the 4th quarter worth about $65,000. 91.14% of the stock is currently owned by institutional investors and hedge funds.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ GLPI opened at $44.59 on Friday. The company has a market capitalization of $12.64 billion, a PE ratio of 14.16, a PEG ratio of 1.92 and a beta of 0.66. The company has a quick ratio of 6.29, a current ratio of 6.29 and a debt-to-equity ratio of 1.62. The stock’s 50 day moving average price is $47.13 and its 200-day moving average price is $46.15. Gaming and Leisure Properties, Inc. has a twelve month low of $41.17 and a twelve month high of $49.95.

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 (EPS) 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 firm had revenue of $419.99 million during the quarter, compared to analyst estimates of $417.15 million. During the same period last year, the firm posted $0.96 EPS. The business’s revenue 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. On average, equities analysts anticipate that Gaming and Leisure Properties, Inc. will post 4 EPS for the current year.

Gaming and Leisure Properties Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be paid a $0.82 dividend. The ex-dividend date is Friday, June 12th. This is a positive change from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 annualized dividend and a dividend yield of 7.4%. Gaming and Leisure Properties’s dividend payout ratio is 104.13%.

Analysts Set New Price Targets

GLPI has been the subject of several recent research reports. Scotiabank decreased their price target on Gaming and Leisure Properties from $52.00 to $49.00 and set a “sector perform” rating for the company in a research note on Thursday. Royal Bank Of Canada lifted their price objective on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Stifel Nicolaus set a $50.00 price objective on shares of Gaming and Leisure Properties in a research note on Friday, April 24th. Weiss Ratings cut Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Finally, UBS Group set a $49.00 price target on shares of Gaming and Leisure Properties in a report on Thursday. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Gaming and Leisure Properties has a consensus rating of “Moderate Buy” and an average target price of $52.20.

Insiders Place Their Bets

In related news, Director E Scott Urdang sold 3,000 shares of Gaming and Leisure Properties stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the transaction, the director directly owned 127,429 shares in the company, valued at approximately $6,157,369.28. The trade was a 2.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 4.11% of the company’s stock.

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.