Gaming and Leisure Properties, Inc. $GLPI Stock Position Trimmed by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 32.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 234,484 shares of the real estate investment trust’s stock after selling 114,384 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Gaming and Leisure Properties were worth $8,903,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Novem Group increased its stake in shares of Gaming and Leisure Properties by 6.5% in the 3rd quarter. Novem Group now owns 24,853 shares of the real estate investment trust’s stock valued at $944,000 after buying an additional 1,514 shares during the period. RKL Wealth Management LLC raised its position in shares of Gaming and Leisure Properties by 7.7% during the third quarter. RKL Wealth Management LLC now owns 6,362 shares of the real estate investment trust’s stock worth $242,000 after acquiring an additional 453 shares during the last quarter. Pension & Wealth Management Advisors Inc. bought a new stake in shares of Gaming and Leisure Properties during the third quarter worth $29,000. State of Alaska Department of Revenue lifted its stake in shares of Gaming and Leisure Properties by 1.4% during the third quarter. State of Alaska Department of Revenue now owns 300,911 shares of the real estate investment trust’s stock valued at $11,423,000 after acquiring an additional 4,266 shares during the period. Finally, Mather Group LLC. lifted its stake in shares of Gaming and Leisure Properties by 54.2% during the third 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 period. Institutional investors and hedge funds own 91.14% of the company’s stock.

Gaming and Leisure Properties Price Performance

GLPI opened at $39.55 on Friday. The company has a fifty day moving average price of $40.26 and a two-hundred day moving average price of $43.91. The firm has a market capitalization of $11.51 billion, a PE ratio of 11.60, a P/E/G ratio of 1.65 and a beta of 0.65. Gaming and Leisure Properties, Inc. has a 52 week low of $37.33 and a 52 week high of $49.95. 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 (NASDAQ:GLPI) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.80. The company had revenue of $430.52 million for the quarter, compared to the consensus estimate of $428.51 million. Gaming and Leisure Properties had a return on equity of 19.17% and a net margin of 59.01%. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.96 EPS. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. As a group, analysts anticipate that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current year.

Gaming and Leisure Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 8.3%. Gaming and Leisure Properties’s payout ratio is 96.19%.

Insider Activity at Gaming and Leisure Properties

In related news, Director Earl C. Shanks acquired 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was acquired at an average price of $42.24 per share, for a total transaction of $422,400.00. Following the completion of the acquisition, the director owned 107,259 shares of the company’s stock, valued at $4,530,620.16. This trade represents a 10.28% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. 4.11% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Royal Bank Of Canada decreased their price target on Gaming and Leisure Properties from $54.00 to $52.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. Raymond James Financial reissued an “outperform” rating and set a $47.00 price objective on shares of Gaming and Leisure Properties in a report on Thursday, August 13th. JPMorgan Chase & Co. downgraded shares of Gaming and Leisure Properties from an “overweight” rating to a “neutral” rating and set a $46.00 target price on the stock. in a research report on Thursday, September 24th. Morgan Stanley reduced their target price on shares of Gaming and Leisure Properties from $55.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 17th. Finally, Mizuho lowered their price target on shares of Gaming and Leisure Properties from $53.00 to $48.00 and set an “outperform” rating for the company in a research report on Wednesday, September 2nd. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $47.69.

About Gaming and Leisure Properties

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.