Gaming and Leisure Properties Inc. (NASDAQ:GLPI) hit a new 52-week high on Thursday . The stock traded as high as $35.69 and last traded at $35.61, with a volume of 500,696 shares trading hands. The stock had previously closed at $35.34.

Several equities research analysts recently commented on GLPI shares. Wells Fargo & Co. reaffirmed a “buy” rating on shares of Gaming and Leisure Properties in a research note on Friday, June 10th. Zacks Investment Research raised Gaming and Leisure Properties from a “hold” rating to a “buy” rating and set a $38.00 target price for the company in a research note on Tuesday, June 28th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Gaming and Leisure Properties in a research note on Sunday, June 26th. Morgan Stanley reaffirmed an “equal weight” rating and set a $34.00 target price on shares of Gaming and Leisure Properties in a research note on Friday, April 1st. Finally, Telsey Advisory Group raised their target price on Gaming and Leisure Properties from $31.00 to $33.00 and gave the stock a “market perform” rating in a research note on Friday, April 15th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $33.78.

The stock has a market cap of $5.19 billion and a price-to-earnings ratio of 33.01. The stock has a 50-day moving average of $34.73 and a 200 day moving average of $31.00.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its earnings results on Tuesday, April 26th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.03. The company earned $148.80 million during the quarter, compared to the consensus estimate of $149.07 million. The company’s revenue was up .1% on a year-over-year basis. During the same period last year, the firm posted $0.67 EPS. Equities research analysts expect that Gaming and Leisure Properties Inc. will post $2.94 EPS for the current year.

In other news, CEO Peter M. Carlino sold 339,830 shares of the business’s stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $34.48, for a total value of $11,717,338.40. Following the completion of the sale, the chief executive officer now owns 3,927,984 shares of the company’s stock, valued at approximately $135,436,888.32. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Desiree A. Burke sold 16,519 shares of the business’s stock in a transaction dated Wednesday, July 20th. The shares were sold at an average price of $35.10, for a total value of $579,816.90. Following the completion of the sale, the senior vice president now directly owns 48,149 shares of the company’s stock, valued at approximately $1,690,029.90. The disclosure for this sale can be found here.

Other large investors recently added to or reduced their stakes in the company. Affinity Investment Advisors LLC raised its stake in Gaming and Leisure Properties by 36.4% in the fourth quarter. Affinity Investment Advisors LLC now owns 121,720 shares of the company’s stock worth $3,384,000 after buying an additional 32,460 shares during the period. Advisors Asset Management Inc. raised its stake in Gaming and Leisure Properties by 10.9% in the fourth quarter. Advisors Asset Management Inc. now owns 43,247 shares of the company’s stock worth $1,202,000 after buying an additional 4,261 shares during the period. Vanguard Group Inc. raised its stake in Gaming and Leisure Properties by 3.2% in the fourth quarter. Vanguard Group Inc. now owns 13,121,487 shares of the company’s stock worth $364,778,000 after buying an additional 404,919 shares during the period. New York State Common Retirement Fund raised its stake in Gaming and Leisure Properties by 10.8% in the fourth quarter. New York State Common Retirement Fund now owns 299,850 shares of the company’s stock worth $8,336,000 after buying an additional 29,310 shares during the period. Finally, Rhumbline Advisers raised its stake in Gaming and Leisure Properties by 4.3% in the fourth quarter. Rhumbline Advisers now owns 85,901 shares of the company’s stock worth $2,388,000 after buying an additional 3,561 shares during the period.

Gaming and Leisure Properties, Inc (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. The Company’s segments include GLP Capital, L.P.

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