GSA Capital Partners LLP Raises Position in Gaming and Leisure Properties, Inc. $GLPI

GSA Capital Partners LLP increased its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 233.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,715 shares of the real estate investment trust’s stock after purchasing an additional 25,002 shares during the quarter. GSA Capital Partners LLP’s holdings in Gaming and Leisure Properties were worth $1,596,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in GLPI. First Trust Advisors LP raised its position in Gaming and Leisure Properties by 78.7% in the 2nd quarter. First Trust Advisors LP now owns 283,963 shares of the real estate investment trust’s stock worth $13,255,000 after purchasing an additional 125,098 shares during the period. Cerity Partners LLC raised its position in Gaming and Leisure Properties by 18.6% in the 2nd quarter. Cerity Partners LLC now owns 10,233 shares of the real estate investment trust’s stock worth $478,000 after purchasing an additional 1,608 shares during the period. Bank of Nova Scotia raised its position in Gaming and Leisure Properties by 16.6% in the 2nd quarter. Bank of Nova Scotia now owns 18,603 shares of the real estate investment trust’s stock worth $868,000 after purchasing an additional 2,646 shares during the period. AXA S.A. raised its position in Gaming and Leisure Properties by 478.5% in the 2nd quarter. AXA S.A. now owns 39,543 shares of the real estate investment trust’s stock worth $1,846,000 after purchasing an additional 32,708 shares during the period. Finally, Squarepoint Ops LLC raised its position in Gaming and Leisure Properties by 276.2% in the 2nd quarter. Squarepoint Ops LLC now owns 70,459 shares of the real estate investment trust’s stock worth $3,289,000 after purchasing an additional 51,731 shares during the period. Hedge funds and other institutional investors own 91.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on GLPI shares. Royal Bank Of Canada lifted their target price on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. Scotiabank boosted their price objective on shares of Gaming and Leisure Properties from $50.00 to $52.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 12th. Stifel Nicolaus set a $50.00 price objective on shares of Gaming and Leisure Properties in a research report on Friday, April 24th. Weiss Ratings upgraded shares of Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday. Finally, Barclays boosted their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Six equities 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 presently has an average rating of “Moderate Buy” and a consensus price target of $52.50.

Gaming and Leisure Properties Price Performance

GLPI stock opened at $47.53 on Wednesday. The firm’s 50-day moving average price is $46.78 and its two-hundred day moving average price is $45.70. Gaming and Leisure Properties, Inc. has a 12-month low of $41.17 and a 12-month high of $49.95. The stock has a market capitalization of $13.47 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 2.04 and a beta of 0.68. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.62.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. The firm had revenue of $419.99 million for the quarter, compared to analysts’ expectations of $417.15 million. During the same quarter in the previous year, the company earned $0.96 earnings per share. The company’s revenue for the quarter 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. As a group, equities analysts predict that Gaming and Leisure Properties, Inc. will post 4 earnings per share for the current year.

Insider Activity

In other news, COO Brandon John Moore sold 16,884 shares of Gaming and Leisure Properties stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $48.05, for a total transaction 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. The trade was a 6.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director E Scott Urdang sold 4,000 shares of Gaming and Leisure Properties stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $47.37, for a total transaction of $189,480.00. Following the sale, the director directly owned 130,429 shares in the company, valued at $6,178,421.73. The trade was a 2.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 32,178 shares of company stock valued at $1,552,938. Corporate insiders own 4.11% of the company’s stock.

Gaming and Leisure Properties 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.