Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of 547,573 Gaming and Leisure Properties, Inc. $GLPI

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 547,573 shares of the real estate investment trust’s stock, valued at approximately $24,383,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.19% of Gaming and Leisure Properties at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in GLPI. Cohen & Steers Inc. purchased a new stake in shares of Gaming and Leisure Properties in the 4th quarter valued at approximately $313,242,000. Norges Bank acquired a new position in Gaming and Leisure Properties in the 4th quarter worth approximately $167,743,000. Bank of New York Mellon Corp purchased a new position in Gaming and Leisure Properties during the 2nd quarter worth approximately $111,960,000. Goldman Sachs Group Inc. grew its position in Gaming and Leisure Properties by 629.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,483,123 shares of the real estate investment trust’s stock worth $110,971,000 after purchasing an additional 2,142,511 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Gaming and Leisure Properties by 711.8% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,369,851 shares of the real estate investment trust’s stock valued at $110,459,000 after purchasing an additional 2,077,937 shares during the period. 91.14% of the stock is owned by hedge funds and other institutional investors.

Gaming and Leisure Properties Trading Up 1.9%

NASDAQ GLPI opened at $43.71 on Friday. Gaming and Leisure Properties, Inc. has a 1-year low of $41.17 and a 1-year high of $49.95. The company has a current ratio of 4.74, a quick ratio of 4.74 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $12.72 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 1.79 and a beta of 0.66. The firm’s fifty day simple moving average is $44.38 and its 200-day simple moving average is $46.07.

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on GLPI shares. Wells Fargo & Company decreased their target price on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 15th. Stifel Nicolaus reduced their price objective on Gaming and Leisure Properties from $50.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, July 31st. UBS Group set a $49.00 price objective on Gaming and Leisure Properties in a research report on Thursday, June 18th. Barclays lowered their target price on Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. reduced their price target on shares of Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating for the company in a research report on Tuesday, June 30th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $49.91.

Insider Activity

In other news, Director Earl C. Shanks purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was acquired at an average price of $42.24 per share, with a total value of $422,400.00. Following the purchase, the director owned 107,259 shares in the company, valued at $4,530,620.16. This represents a 10.28% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director E Scott Urdang sold 3,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the transaction, the director owned 127,429 shares in the company, valued at $6,157,369.28. This represents a 2.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.11% of the company’s stock.

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.