Gaming and Leisure Properties, Inc. $GLPI Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 146,315.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,443,672 shares of the real estate investment trust’s stock after buying an additional 2,442,003 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Gaming and Leisure Properties were worth $108,817,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Colonial River Investments LLC boosted its stake in Gaming and Leisure Properties by 2.1% during the 4th quarter. Colonial River Investments LLC now owns 10,893 shares of the real estate investment trust’s stock valued at $487,000 after purchasing an additional 227 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its stake in shares of Gaming and Leisure Properties by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 63,319 shares of the real estate investment trust’s stock worth $2,830,000 after buying an additional 237 shares in the last quarter. Essential Partners LLC raised its stake in shares of Gaming and Leisure Properties by 38.2% in the 1st quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 240 shares in the last quarter. Kestra Private Wealth Services LLC lifted its holdings in shares of Gaming and Leisure Properties by 0.9% in the third quarter. Kestra Private Wealth Services LLC now owns 27,307 shares of the real estate investment trust’s stock valued at $1,273,000 after buying an additional 245 shares during the period. Finally, Gabelli Funds LLC lifted its holdings in shares of Gaming and Leisure Properties by 0.4% in the fourth quarter. Gabelli Funds LLC now owns 64,782 shares of the real estate investment trust’s stock valued at $2,895,000 after buying an additional 250 shares during the period. 91.14% of the stock is currently owned by institutional investors and hedge funds.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ:GLPI opened at $41.80 on Wednesday. Gaming and Leisure Properties, Inc. has a one year low of $41.17 and a one year high of $49.95. The stock has a fifty day moving average of $43.93 and a 200-day moving average of $45.92. The company has a market capitalization of $12.16 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 1.76 and a beta of 0.65. The company has a debt-to-equity ratio of 1.51, a quick ratio of 4.74 and a current ratio of 4.74.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. The business had revenue of $430.52 million for the quarter, compared to analysts’ expectations of $428.51 million. Gaming and Leisure Properties had a return on equity of 19.17% and a net margin of 59.01%.The company’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 EPS. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. As a group, equities analysts anticipate that Gaming and Leisure Properties, Inc. will post 4.03 EPS for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.82 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $3.28 dividend on an annualized basis and a yield of 7.8%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 96.19%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Stifel Nicolaus decreased their target price on Gaming and Leisure Properties from $50.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, July 31st. Scotiabank boosted their price target on shares of Gaming and Leisure Properties from $49.00 to $50.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 13th. Morgan Stanley upped their price target on shares of Gaming and Leisure Properties from $53.00 to $55.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. Weiss Ratings lowered shares of Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $47.00 price objective on shares of Gaming and Leisure Properties in a research note on Thursday, August 13th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Gaming and Leisure Properties has a consensus rating of “Moderate Buy” and a consensus price target of $49.73.

Insider Transactions at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 3,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following the completion of the sale, the director directly owned 127,429 shares of the company’s stock, valued at approximately $6,157,369.28. This represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Earl C. Shanks bought 10,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was purchased at an average price of $42.24 per share, with a total value of $422,400.00. Following the completion of the acquisition, the director owned 107,259 shares of the company’s stock, valued at approximately $4,530,620.16. This trade represents a 10.28% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 4.11% of the company’s stock.

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.