Two Sigma Securities LLC Invests $2.06 Million in Gaming and Leisure Properties, Inc. $GLPI

Two Sigma Securities LLC bought a new stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 46,313 shares of the real estate investment trust’s stock, valued at approximately $2,062,000.

Several other hedge funds and other institutional investors have also made changes to their positions in GLPI. SHP Wealth Management acquired a new stake in Gaming and Leisure Properties in the 4th quarter valued at $30,000. International Assets Investment Management LLC acquired a new position in shares of Gaming and Leisure Properties during the fourth quarter worth about $31,000. Essential Partners LLC lifted its stake in shares of Gaming and Leisure Properties by 38.2% during the first quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 240 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of Gaming and Leisure Properties in the first quarter worth about $40,000. Finally, Persistent Asset Partners Ltd purchased a new stake in shares of Gaming and Leisure Properties in the second quarter worth about $40,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Analyst Upgrades and Downgrades

GLPI has been the topic of several analyst reports. Wells Fargo & Company dropped their target price on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Weiss Ratings downgraded shares of Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. lowered their price objective 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. Stifel Nicolaus dropped their price objective on shares of Gaming and Leisure Properties from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, July 31st. Finally, Scotiabank boosted their target price on shares of Gaming and Leisure Properties from $49.00 to $50.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 13th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $49.91.

Gaming and Leisure Properties Stock Performance

Shares of GLPI opened at $42.56 on Monday. The company has a market capitalization of $12.38 billion, a P/E ratio of 12.48, a P/E/G ratio of 1.78 and a beta of 0.66. Gaming and Leisure Properties, Inc. has a one year low of $41.17 and a one year 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. The stock has a 50-day moving average price of $44.03 and a 200 day moving average price of $45.98.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its quarterly earnings data 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. Gaming and Leisure Properties had a return on equity of 19.17% and a net margin of 59.01%.The firm had revenue of $430.52 million during the quarter, compared to analyst estimates of $428.51 million. During the same quarter last year, the firm earned $0.96 EPS. Gaming and Leisure Properties’s quarterly revenue was up 9.0% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. Sell-side analysts forecast that Gaming and Leisure Properties, Inc. will post 4.03 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Earl C. Shanks purchased 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 purchase, the director owned 107,259 shares in the company, valued at approximately $4,530,620.16. This represents a 10.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director E Scott Urdang sold 3,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following the completion of the sale, the director directly owned 127,429 shares in the company, valued at $6,157,369.28. This represents a 2.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.11% of the stock is currently owned by company insiders.

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.