Wealth Enhancement Advisory Services LLC Raises Stake in Gaming and Leisure Properties, Inc. $GLPI

Wealth Enhancement Advisory Services LLC raised its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 36.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 193,123 shares of the real estate investment trust’s stock after purchasing an additional 51,663 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.07% of Gaming and Leisure Properties worth $8,616,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Spire Wealth Management increased its position in Gaming and Leisure Properties by 62.3% in the 3rd quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 238 shares during the period. Kestra Private Wealth Services LLC lifted its position in Gaming and Leisure Properties by 0.9% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 27,307 shares of the real estate investment trust’s stock worth $1,273,000 after acquiring an additional 245 shares during the period. Securian Asset Management Inc. grew its stake in shares of Gaming and Leisure Properties by 1.3% in the 3rd quarter. Securian Asset Management Inc. now owns 21,195 shares of the real estate investment trust’s stock valued at $988,000 after purchasing an additional 265 shares during the last quarter. Apella Capital LLC increased its holdings in shares of Gaming and Leisure Properties by 4.8% in the third quarter. Apella Capital LLC now owns 5,904 shares of the real estate investment trust’s stock valued at $263,000 after purchasing an additional 273 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Gaming and Leisure Properties by 9.2% during the fourth quarter. GAMMA Investing LLC now owns 3,278 shares of the real estate investment trust’s stock worth $146,000 after purchasing an additional 277 shares during the last quarter. Institutional investors and hedge funds own 91.14% of the company’s stock.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ GLPI opened at $43.93 on Friday. The firm has a market capitalization of $12.44 billion, a P/E ratio of 15.10, a PEG ratio of 2.00 and a beta of 0.64. Gaming and Leisure Properties, Inc. has a one year low of $41.17 and a one year high of $51.44. The company’s fifty day moving average is $46.73 and its two-hundred day moving average is $45.53. The company has a debt-to-equity ratio of 1.45, a quick ratio of 3.84 and a current ratio of 3.84.

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

Gaming and Leisure Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were paid a dividend of $0.78 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.12 annualized dividend and a dividend yield of 7.1%. Gaming and Leisure Properties’s payout ratio is 107.22%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised shares of Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $52.00 to $53.00 in a research note on Friday, December 12th. UBS Group reissued a “buy” rating on shares of Gaming and Leisure Properties in a report on Thursday, January 8th. Scotiabank raised their price objective on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 10th. Mizuho boosted their target price on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Finally, Stifel Nicolaus set a $48.50 target price on Gaming and Leisure Properties in a research note on Thursday, February 12th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Gaming and Leisure Properties has an average rating of “Moderate Buy” and an average target price of $52.32.

Insider Transactions at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, COO Brandon John Moore sold 16,884 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total value of $811,276.20. Following the sale, the chief operating officer owned 257,874 shares of the company’s stock, valued at approximately $12,390,845.70. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Steven Ladany sold 13,409 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $45.04, for a total value of $603,941.36. Following the completion of the transaction, the senior vice president owned 57,886 shares of the company’s stock, valued at approximately $2,607,185.44. This represents a 18.81% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 69,042 shares of company stock worth $3,203,844. 4.26% of the stock is currently owned by insiders.

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.