Prevail Innovative Wealth Advisors LLC Boosts Holdings in Gaming and Leisure Properties, Inc. $GLPI

Prevail Innovative Wealth Advisors LLC boosted its position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 22.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,837 shares of the real estate investment trust’s stock after buying an additional 14,825 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in Gaming and Leisure Properties were worth $3,568,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. ABN Amro Investment Solutions purchased a new position in Gaming and Leisure Properties during the fourth quarter worth $445,000. IFP Advisors Inc boosted its stake in Gaming and Leisure Properties by 453.8% during the fourth quarter. IFP Advisors Inc now owns 2,874 shares of the real estate investment trust’s stock worth $128,000 after buying an additional 2,355 shares during the period. Covestor Ltd boosted its stake in Gaming and Leisure Properties by 51.1% during the fourth quarter. Covestor Ltd now owns 2,616 shares of the real estate investment trust’s stock worth $117,000 after buying an additional 885 shares during the period. GSA Capital Partners LLP boosted its stake in Gaming and Leisure Properties by 233.4% during the fourth quarter. GSA Capital Partners LLP now owns 35,715 shares of the real estate investment trust’s stock worth $1,596,000 after buying an additional 25,002 shares during the period. Finally, Tredje AP fonden boosted its stake in Gaming and Leisure Properties by 254.7% during the fourth quarter. Tredje AP fonden now owns 21,707 shares of the real estate investment trust’s stock worth $970,000 after buying an additional 15,588 shares during the period. 91.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on GLPI shares. Scotiabank lifted their price objective on shares of Gaming and Leisure Properties from $50.00 to $52.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Weiss Ratings raised shares of Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 15th. Royal Bank Of Canada boosted their target price on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Stifel Nicolaus set a $50.00 target price on shares of Gaming and Leisure Properties in a research note on Friday, April 24th. Finally, Mizuho boosted their target price on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $52.50.

Gaming and Leisure Properties Stock Performance

GLPI stock opened at $47.22 on Thursday. The company has a debt-to-equity ratio of 1.62, a current ratio of 6.29 and a quick ratio of 6.29. The business has a 50-day moving average price of $46.75 and a 200 day moving average price of $45.74. The company has a market capitalization of $13.38 billion, a P/E ratio of 14.99, a PEG ratio of 2.05 and a beta of 0.68. Gaming and Leisure Properties, Inc. has a 1-year low of $41.17 and a 1-year high of $49.95.

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 for the quarter, beating the consensus estimate of $0.76 by $0.06. The firm had revenue of $419.99 million during the quarter, compared to the consensus estimate of $417.15 million. Gaming and Leisure Properties had a return on equity of 18.06% and a net margin of 55.56%.The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.96 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. As a group, equities research analysts forecast that Gaming and Leisure Properties, Inc. will post 4 EPS for the current fiscal year.

Insider Activity at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 4,000 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $47.37, for a total value of $189,480.00. Following the completion of the transaction, the director directly owned 130,429 shares in the company, valued at approximately $6,178,421.73. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Brandon John Moore sold 16,884 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total transaction of $811,276.20. Following the completion of the transaction, the chief operating officer owned 257,874 shares of the company’s stock, valued at $12,390,845.70. This represents a 6.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 32,178 shares of company stock worth $1,552,938 over the last three months. 4.11% of the stock is owned by corporate 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.