GSA Capital Partners LLP Takes Position in Gaming and Leisure Properties, Inc. $GLPI

GSA Capital Partners LLP acquired a new stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 61,940 shares of the real estate investment trust’s stock, valued at approximately $2,758,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of GLPI. Family Legacy Inc. acquired a new position in shares of Gaming and Leisure Properties in the 2nd quarter valued at approximately $761,000. PensionDanmark Pensionsforsikringsaktieselskab grew its position in shares of Gaming and Leisure Properties by 35.7% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 92,922 shares of the real estate investment trust’s stock worth $4,138,000 after buying an additional 24,453 shares in the last quarter. Grant Private Wealth Management Inc grew its position in shares of Gaming and Leisure Properties by 35.7% during the second quarter. Grant Private Wealth Management Inc now owns 9,821 shares of the real estate investment trust’s stock worth $437,000 after buying an additional 2,585 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of Gaming and Leisure Properties by 15.6% in the second quarter. Versant Capital Management Inc now owns 11,010 shares of the real estate investment trust’s stock worth $490,000 after buying an additional 1,488 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of Gaming and Leisure Properties by 14.3% in the first quarter. Parallel Advisors LLC now owns 4,780 shares of the real estate investment trust’s stock worth $212,000 after buying an additional 597 shares during the last quarter. 91.14% of the stock is currently owned by hedge funds and other institutional investors.

Gaming and Leisure Properties Stock Performance

GLPI stock opened at $43.57 on Friday. The stock’s 50 day simple moving average is $44.78 and its 200 day simple moving average is $46.13. Gaming and Leisure Properties, Inc. has a 12-month low of $41.17 and a 12-month high of $49.95. The firm has a market cap of $12.68 billion, a P/E ratio of 12.78, a P/E/G ratio of 1.82 and a beta of 0.66. The company has a current ratio of 4.74, a quick ratio of 4.74 and a debt-to-equity ratio of 1.51.

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

Gaming and Leisure Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date was Friday, June 12th. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. Gaming and Leisure Properties’s payout ratio is 96.19%.

Insider Activity at Gaming and Leisure Properties

In other news, Director E Scott Urdang sold 3,000 shares of Gaming and Leisure Properties stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the transaction, the director directly owned 127,429 shares of the company’s stock, valued at approximately $6,157,369.28. The trade was a 2.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.11% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on GLPI shares. 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. Wells Fargo & Company decreased their price objective on shares of Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Scotiabank boosted their target price 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. JPMorgan Chase & Co. cut their target price on shares of Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 30th. Finally, Stifel Nicolaus reduced their price target on shares of Gaming and Leisure Properties from $50.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, July 31st. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Gaming and Leisure Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.91.

Gaming and Leisure Properties Profile

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.