GSA Capital Partners LLP Has $499,000 Position in Gaming and Leisure Properties, Inc. $GLPI

GSA Capital Partners LLP decreased its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 74.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,713 shares of the real estate investment trust’s stock after selling 31,414 shares during the period. GSA Capital Partners LLP’s holdings in Gaming and Leisure Properties were worth $499,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. CWM LLC increased its position in shares of Gaming and Leisure Properties by 46.8% during the second quarter. CWM LLC now owns 6,089 shares of the real estate investment trust’s stock worth $284,000 after acquiring an additional 1,941 shares in the last quarter. D.A. Davidson & CO. boosted its stake in Gaming and Leisure Properties by 59.0% during the 2nd quarter. D.A. Davidson & CO. now owns 30,728 shares of the real estate investment trust’s stock valued at $1,434,000 after purchasing an additional 11,407 shares during the last quarter. Freedom Investment Management Inc. boosted its stake in Gaming and Leisure Properties by 4.6% during the 2nd quarter. Freedom Investment Management Inc. now owns 5,977 shares of the real estate investment trust’s stock valued at $279,000 after purchasing an additional 261 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in Gaming and Leisure Properties by 9.1% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,873,829 shares of the real estate investment trust’s stock worth $87,470,000 after purchasing an additional 156,042 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd raised its stake in shares of Gaming and Leisure Properties by 667.7% in the second quarter. Y Intercept Hong Kong Ltd now owns 142,842 shares of the real estate investment trust’s stock worth $6,668,000 after purchasing an additional 124,236 shares during the last quarter. 91.14% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Steven Ladany sold 18,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $44.77, for a total transaction of $805,860.00. Following the completion of the transaction, the senior vice president directly owned 65,099 shares of the company’s stock, valued at $2,914,482.23. This represents a 21.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 36,864 shares of company stock valued at $1,650,906 in the last 90 days. 4.26% of the stock is owned by insiders.

Gaming and Leisure Properties Stock Performance

Shares of Gaming and Leisure Properties stock opened at $47.86 on Tuesday. The business’s fifty day simple moving average is $45.41 and its 200 day simple moving average is $45.43. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 1.45. Gaming and Leisure Properties, Inc. has a 12 month low of $41.17 and a 12 month high of $52.24. The firm has a market capitalization of $13.55 billion, a P/E ratio of 16.45, a price-to-earnings-growth ratio of 2.61 and a beta of 0.67.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $407.03 million during the quarter, compared to analyst estimates of $406.02 million. Gaming and Leisure Properties had a return on equity of 17.10% and a net margin of 52.24%.The business’s revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm posted $0.95 EPS. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. As a group, analysts anticipate that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current year.

Gaming and Leisure Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Friday, March 13th. Gaming and Leisure Properties’s payout ratio is presently 107.22%.

Analysts Set New Price Targets

GLPI has been the topic of a number of recent research reports. Barclays raised their target price on Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Morgan Stanley increased their price target on Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 24th. Mizuho set a $50.00 price objective on shares of Gaming and Leisure Properties and gave the stock an “outperform” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 22nd. Finally, Scotiabank lowered their target price on shares of Gaming and Leisure Properties from $50.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, February 2nd. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Gaming and Leisure Properties has a consensus rating of “Moderate Buy” and a consensus target price of $51.95.

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.