Gaming and Leisure Properties (NASDAQ:GLPI) CFO Sells $480,592.08 in Stock

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) CFO Desiree Burke sold 9,804 shares of the firm’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $49.02, for a total value of $480,592.08. Following the transaction, the chief financial officer owned 128,352 shares in the company, valued at approximately $6,291,815.04. This trade represents a 7.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Gaming and Leisure Properties Trading Up 0.6%

Shares of NASDAQ:GLPI traded up $0.30 during mid-day trading on Friday, reaching $48.91. The stock had a trading volume of 4,692,983 shares, compared to its average volume of 2,517,351. The firm has a 50 day simple moving average of $45.60 and a two-hundred day simple moving average of $45.49. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 1.45. The firm has a market cap of $13.85 billion, a PE ratio of 16.81, a price-to-earnings-growth ratio of 2.65 and a beta of 0.67. Gaming and Leisure Properties, Inc. has a twelve month low of $41.17 and a twelve month high of $52.24.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.99 EPS for the quarter, topping 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 the consensus estimate of $406.02 million. During the same quarter last year, the business posted $0.95 EPS. The firm’s revenue was up 4.5% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. On average, research analysts predict that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, March 13th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 107.22%.

Analyst Upgrades and Downgrades

GLPI has been the subject of several research reports. Morgan Stanley raised their price target on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 24th. Cantor Fitzgerald decreased their target price on shares of Gaming and Leisure Properties from $51.00 to $49.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. UBS Group reiterated a “buy” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 8th. Scotiabank reduced their price objective on shares of Gaming and Leisure Properties from $50.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, February 2nd. Finally, Stifel Nicolaus set a $48.50 target price on Gaming and Leisure Properties in a research report on Thursday, February 12th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.95.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Spire Wealth Management increased its holdings in shares of Gaming and Leisure Properties by 62.3% in the third 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 during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Gaming and Leisure Properties during the 4th quarter worth about $29,000. MassMutual Private Wealth & Trust FSB grew its stake in Gaming and Leisure Properties by 89.3% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 309 shares during the last quarter. Quent Capital LLC acquired a new position in Gaming and Leisure Properties in the 3rd quarter valued at about $31,000. Finally, International Assets Investment Management LLC bought a new position in Gaming and Leisure Properties in the 4th quarter valued at about $31,000. 91.14% of the stock is owned by institutional investors and hedge funds.

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.