Sivia Capital Partners LLC Buys New Position in Gaming and Leisure Properties, Inc. $GLPI

Sivia Capital Partners LLC bought a new stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,079 shares of the real estate investment trust’s stock, valued at approximately $495,000.

Several other institutional investors have also added to or reduced their stakes in GLPI. Barclays PLC boosted its holdings in shares of Gaming and Leisure Properties by 1,525.0% during the 3rd quarter. Barclays PLC now owns 4,033,903 shares of the real estate investment trust’s stock worth $188,020,000 after buying an additional 3,785,669 shares in the last quarter. Norges Bank bought a new position in shares of Gaming and Leisure Properties during the 4th quarter worth approximately $167,743,000. Goldman Sachs Group Inc. boosted its holdings in shares of Gaming and Leisure Properties by 629.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,483,123 shares of the real estate investment trust’s stock worth $110,971,000 after buying an additional 2,142,511 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Gaming and Leisure Properties by 711.8% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,369,851 shares of the real estate investment trust’s stock worth $110,459,000 after buying an additional 2,077,937 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Gaming and Leisure Properties by 175.7% during the 3rd quarter. Bank of America Corp DE now owns 2,364,746 shares of the real estate investment trust’s stock worth $110,221,000 after buying an additional 1,507,006 shares in the last quarter. 91.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on GLPI. Weiss Ratings upgraded Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Royal Bank Of Canada increased their price target on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Barclays increased their price target on Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Stifel Nicolaus set a $50.00 price target on Gaming and Leisure Properties in a report on Friday, April 24th. Finally, Scotiabank increased their price target on Gaming and Leisure Properties from $50.00 to $52.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $52.89.

Gaming and Leisure Properties Stock Up 2.1%

Shares of NASDAQ GLPI opened at $47.17 on Friday. The stock has a market capitalization of $13.37 billion, a P/E ratio of 14.97, a P/E/G ratio of 2.00 and a beta of 0.66. The company has a 50-day moving average price of $46.76 and a 200-day moving average price of $45.92. Gaming and Leisure Properties, Inc. has a 1 year low of $41.17 and a 1 year high of $49.95. The company has a debt-to-equity ratio of 1.62, a current ratio of 6.29 and a quick ratio of 6.29.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share for the quarter, topping 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 company had revenue of $419.99 million for the quarter, compared to analyst estimates of $417.15 million. During the same quarter in the prior year, the business posted $0.96 EPS. The firm’s revenue 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. On average, equities research analysts forecast that Gaming and Leisure Properties, Inc. will post 4 EPS for the current fiscal year.

Gaming and Leisure Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a $0.82 dividend. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Friday, June 12th. Gaming and Leisure Properties’s dividend payout ratio is 99.05%.

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.