Systematic Financial Management LP Purchases 16,575 Shares of Gaming and Leisure Properties, Inc. $GLPI

Systematic Financial Management LP lifted its position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPIFree Report) by 181.4% in the 4th quarter, Holdings Channel reports. The fund owned 25,712 shares of the real estate investment trust’s stock after buying an additional 16,575 shares during the quarter. Systematic Financial Management LP’s holdings in Gaming and Leisure Properties were worth $1,149,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in Gaming and Leisure Properties in the 4th quarter worth about $29,000. International Assets Investment Management LLC purchased a new position in shares of Gaming and Leisure Properties during the 4th quarter valued at about $31,000. True Wealth Design LLC raised its holdings in shares of Gaming and Leisure Properties by 238.3% during the 4th quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 610 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Gaming and Leisure Properties by 107.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 887 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 460 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Gaming and Leisure Properties by 48.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,212 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 394 shares in the last quarter. Institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Price Performance

GLPI opened at $47.78 on Monday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29. Gaming and Leisure Properties, Inc. has a 52-week low of $41.17 and a 52-week high of $49.95. The stock has a market capitalization of $13.54 billion, a PE ratio of 15.17, a price-to-earnings-growth ratio of 2.07 and a beta of 0.68. The stock’s 50 day moving average price is $46.73 and its 200-day moving average price is $45.77.

Gaming and Leisure Properties (NASDAQ:GLPIGet Free Report) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. Gaming and Leisure Properties had a return on equity of 18.06% and a net margin of 55.56%.The firm had revenue of $419.99 million for the quarter, compared to analysts’ expectations of $417.15 million. During the same period in the previous year, the firm earned $0.96 earnings per share. The business’s revenue was up 6.3% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. On average, equities research analysts predict that Gaming and Leisure Properties, Inc. will post 4 EPS for the current year.

Gaming and Leisure Properties Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be given a dividend of $0.82 per share. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 annualized dividend and a dividend yield of 6.9%. The ex-dividend date is Friday, June 12th. Gaming and Leisure Properties’s dividend payout ratio is presently 104.13%.

Insider Activity at Gaming and Leisure Properties

In related news, COO Brandon John Moore sold 16,884 shares of Gaming and Leisure Properties stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total transaction of $811,276.20. Following the sale, the chief operating officer directly owned 257,874 shares in the company, valued at $12,390,845.70. The trade was a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Desiree A. Burke sold 9,804 shares of Gaming and Leisure Properties stock in a transaction that occurred on 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 owned 128,352 shares in the company, valued at $6,291,815.04. This represents a 7.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.11% of the company’s stock.

Analysts Set New Price Targets

GLPI has been the topic of a number of research reports. Barclays raised their price objective on Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Royal Bank Of Canada lifted their price target on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Scotiabank lifted their price target on Gaming and Leisure Properties from $50.00 to $52.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Weiss Ratings raised Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 15th. Finally, Mizuho boosted their target price on Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Gaming and Leisure Properties currently has an average rating of “Moderate Buy” and a consensus price target of $52.50.

Check Out Our Latest Stock Analysis on GLPI

About Gaming and Leisure Properties

(Free Report)

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.

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Want to see what other hedge funds are holding GLPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gaming and Leisure Properties, Inc. (NASDAQ:GLPIFree Report).

Institutional Ownership by Quarter for Gaming and Leisure Properties (NASDAQ:GLPI)

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