Gaming and Leisure Properties (NASDAQ:GLPI) COO Sells $66,116.80 in Stock

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) COO Brandon John Moore sold 1,376 shares of Gaming and Leisure Properties stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $48.05, for a total transaction of $66,116.80. Following the sale, the chief operating officer directly owned 274,872 shares in the company, valued at approximately $13,207,599.60. The trade was a 0.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Brandon John Moore also recently made the following trade(s):

• On Tuesday, February 24th, Brandon John Moore sold 16,884 shares of Gaming and Leisure Properties stock. The stock was sold at an average price of $48.05, for a total value of $811,276.20.
• On Monday, February 23rd, Brandon John Moore sold 114 shares of Gaming and Leisure Properties stock. The stock was sold at an average price of $48.01, for a total value of $5,473.14.

Gaming and Leisure Properties Price Performance

NASDAQ:GLPI opened at $48.61 on Friday. Gaming and Leisure Properties, Inc. has a 52 week low of $41.17 and a 52 week high of $52.24. The stock’s fifty day moving average is $45.60 and its two-hundred day moving average is $45.49. The company has a market capitalization of $13.77 billion, a P/E ratio of 16.70, a P/E/G ratio of 2.65 and a beta of 0.67. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.45.

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

Gaming and Leisure Properties Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on GLPI shares. Scotiabank lowered 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 report on Monday, February 2nd. Stifel Nicolaus set a $48.50 price target on Gaming and Leisure Properties in a research report on Thursday, February 12th. Barclays boosted 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 Thursday, February 12th. UBS Group reissued a “buy” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Gaming and Leisure Properties in a research report on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Gaming and Leisure Properties has a consensus rating of “Moderate Buy” and an average price target of $51.95.

Hedge Funds Weigh In On Gaming and Leisure Properties

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. DGS Capital Management LLC acquired a new stake in Gaming and Leisure Properties in the fourth quarter valued at approximately $210,000. Monetary Solutions Ltd acquired a new position in Gaming and Leisure Properties during the 4th quarter worth approximately $53,000. Kera Capital Partners Inc. purchased a new stake in shares of Gaming and Leisure Properties in the 4th quarter valued at approximately $604,000. Sunbelt Securities Inc. raised its holdings in shares of Gaming and Leisure Properties by 2.2% in the 4th quarter. Sunbelt Securities Inc. now owns 54,366 shares of the real estate investment trust’s stock valued at $2,430,000 after purchasing an additional 1,171 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its position in shares of Gaming and Leisure Properties by 538.0% during the 4th quarter. Corient Private Wealth LLC now owns 120,920 shares of the real estate investment trust’s stock worth $5,404,000 after purchasing an additional 101,966 shares during the last quarter. 91.14% of the stock is owned by institutional investors and hedge funds.

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.