GSA Capital Partners LLP Invests $2.76 Million in Gaming and Leisure Properties, Inc. $GLPI

GSA Capital Partners LLP purchased a new position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 61,940 shares of the real estate investment trust’s stock, valued at approximately $2,758,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. SHP Wealth Management bought a new position in Gaming and Leisure Properties during the 4th quarter worth $30,000. International Assets Investment Management LLC bought a new stake in Gaming and Leisure Properties in the fourth quarter valued at $31,000. Essential Partners LLC boosted its holdings in shares of Gaming and Leisure Properties by 38.2% during the first quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 240 shares during the period. Blue Trust Inc. acquired a new stake in shares of Gaming and Leisure Properties in the 1st quarter worth about $40,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of Gaming and Leisure Properties in the 4th quarter worth about $53,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on GLPI. Royal Bank Of Canada decreased their target price on shares of Gaming and Leisure Properties from $54.00 to $52.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Raymond James Financial reaffirmed an “outperform” rating and set a $47.00 price target on shares of Gaming and Leisure Properties in a report on Thursday. Cantor Fitzgerald reduced their price objective on Gaming and Leisure Properties from $52.00 to $48.00 and set a “neutral” rating for the company in a research report on Monday, August 10th. Barclays decreased their price objective on Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Finally, Scotiabank lifted their target price on Gaming and Leisure Properties from $49.00 to $50.00 and gave the company a “sector perform” rating in a research note on Thursday. 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, the company currently has an average rating of “Moderate Buy” and an average price target of $49.91.

Insider Transactions at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 3,000 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following the transaction, the director directly owned 127,429 shares of the company’s stock, valued at $6,157,369.28. This represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 4.11% of the company’s stock.

Gaming and Leisure Properties Stock Down 0.2%

Shares of Gaming and Leisure Properties stock opened at $43.57 on Friday. Gaming and Leisure Properties, Inc. has a 12-month low of $41.17 and a 12-month high of $49.95. The firm has a market capitalization of $12.68 billion, a PE ratio of 12.78, a price-to-earnings-growth ratio of 1.82 and a beta of 0.66. The company has a quick ratio of 4.74, a current ratio of 4.74 and a debt-to-equity ratio of 1.51. The stock’s fifty day moving average is $44.78 and its 200-day moving average is $46.13.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The business had revenue of $430.52 million during the quarter, compared to analysts’ expectations of $428.51 million. Gaming and Leisure Properties had a net margin of 59.01% and a return on equity of 19.17%. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the company posted $0.96 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. Equities analysts anticipate that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current year.

Gaming and Leisure Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were issued a $0.82 dividend. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date was Friday, June 12th. Gaming and Leisure Properties’s dividend payout ratio is currently 96.19%.

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.