Tudor Investment Corp ET AL Has $498,000 Stock Holdings in Gaming and Leisure Properties, Inc. $GLPI

Tudor Investment Corp ET AL decreased its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 95.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 10,676 shares of the real estate investment trust’s stock after selling 217,229 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Gaming and Leisure Properties were worth $498,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of GLPI. Spire Wealth Management boosted its stake in shares of Gaming and Leisure Properties by 62.3% in the 3rd quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 238 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Gaming and Leisure Properties by 89.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 309 shares during the last quarter. Quent Capital LLC bought a new position in Gaming and Leisure Properties during the 3rd quarter worth $31,000. Bayforest Capital Ltd lifted its holdings in Gaming and Leisure Properties by 412.1% during the 3rd quarter. Bayforest Capital Ltd now owns 676 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 544 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Gaming and Leisure Properties during the 2nd quarter worth approximately $39,000. 91.14% of the stock is currently owned by institutional investors.

Insider Transactions at Gaming and Leisure Properties

In other news, CFO Desiree A. Burke sold 9,804 shares of the company’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 sale, 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director E Scott Urdang sold 4,000 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $47.37, for a total transaction of $189,480.00. Following the completion of the transaction, the director owned 130,429 shares of the company’s stock, valued at approximately $6,178,421.73. The trade was a 2.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 51,042 shares of company stock valued at $2,397,984 in the last three months. Company insiders own 4.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on GLPI shares. UBS Group reissued a “buy” rating on shares of Gaming and Leisure Properties in a research report on Thursday, January 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 22nd. Mizuho raised their price objective on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Morgan Stanley lifted their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 24th. Finally, Royal Bank Of Canada increased their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $52.32.

Gaming and Leisure Properties Price Performance

GLPI stock opened at $44.31 on Thursday. The company has a debt-to-equity ratio of 1.45, a current ratio of 3.84 and a quick ratio of 3.84. Gaming and Leisure Properties, Inc. has a 1 year low of $41.17 and a 1 year high of $50.96. The firm has a 50-day moving average of $46.64 and a 200 day moving average of $45.43. The company has a market cap of $12.55 billion, a P/E ratio of 15.23, a PEG ratio of 1.98 and a beta of 0.68.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. Gaming and Leisure Properties had a return on equity of 17.10% and a net margin of 52.24%.The business had revenue of $407.03 million for the quarter, compared to analysts’ expectations of $406.02 million. During the same period in the previous year, the firm posted $0.95 EPS. The business’s revenue was up 4.5% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. On average, sell-side analysts forecast that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current year.

Gaming and Leisure Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were paid a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend was Friday, March 13th. Gaming and Leisure Properties’s dividend payout ratio is presently 107.22%.

About Gaming and Leisure Properties

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.