20,783 Shares in Gaming and Leisure Properties, Inc. $GLPI Purchased by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC acquired a new position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 20,783 shares of the real estate investment trust’s stock, valued at approximately $789,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GLPI. Pension & Wealth Management Advisors Inc. acquired a new stake in Gaming and Leisure Properties in the third quarter valued at approximately $29,000. Markowski Investments acquired a new position in shares of Gaming and Leisure Properties during the second quarter worth $35,000. Parkside Financial Bank & Trust increased its holdings in shares of Gaming and Leisure Properties by 115.2% during the second quarter. Parkside Financial Bank & Trust now owns 794 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 425 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Gaming and Leisure Properties during the third quarter worth $30,000. Finally, Mather Group LLC. lifted its stake in shares of Gaming and Leisure Properties by 54.2% in the 3rd 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. Institutional investors own 91.14% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on GLPI shares. Mizuho reduced their price objective on Gaming and Leisure Properties from $53.00 to $48.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 2nd. Citigroup reaffirmed a “market outperform” rating on shares of Gaming and Leisure Properties in a report on Friday, October 2nd. Truist Financial dropped their target price on Gaming and Leisure Properties from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, October 20th. Citizens Jmp cut their price target on Gaming and Leisure Properties from $55.00 to $49.00 and set a “market outperform” rating on the stock in a research note on Friday, October 2nd. Finally, Wells Fargo & Company reduced their price target 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. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $47.69.

More Gaming and Leisure Properties News

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

Gaming and Leisure Properties Trading Down 1.3%

Shares of NASDAQ GLPI opened at $38.98 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 4.74 and a current ratio of 4.74. 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 50 day moving average price of $39.91 and a two-hundred day moving average price of $44.50. The stock has a market cap of $11.34 billion, a P/E ratio of 11.92, a price-to-earnings-growth ratio of 1.63 and a beta of 0.65.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.09). The business had revenue of $435.45 million for the quarter, compared to the consensus estimate of $436.30 million. Gaming and Leisure Properties had a net margin of 55.71% and a return on equity of 18.34%. Gaming and Leisure Properties’s revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.97 EPS. As a group, equities analysts forecast 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. Investors of record on Friday, September 11th were issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date was Friday, September 11th. Gaming and Leisure Properties’s dividend payout ratio is presently 100.31%.

Insider Transactions at Gaming and Leisure Properties

In related news, Director Earl C. Shanks bought 10,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was acquired at an average cost of $42.24 per share, with a total value of $422,400.00. Following the transaction, the director directly owned 107,259 shares in the company, valued at approximately $4,530,620.16. This trade represents a 10.28% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 4.11% of the stock is currently owned by corporate insiders.

Gaming and Leisure Properties Profile

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.