Brandon John Moore Sells 1,376 Shares of Gaming and Leisure Properties (NASDAQ:GLPI) Stock

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) COO Brandon John Moore sold 1,376 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $48.05, for a total transaction of $66,116.80. Following the transaction, the chief operating officer directly owned 274,872 shares of the company’s stock, valued at approximately $13,207,599.60. This represents a 0.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Brandon John Moore also recently made the following trade(s):

• On Tuesday, February 24th, Brandon John Moore sold 16,884 shares of Gaming and Leisure Properties stock. The shares were sold at an average price of $48.05, for a total value of $811,276.20.
• On Monday, February 23rd, Brandon John Moore sold 114 shares of Gaming and Leisure Properties stock. The stock was sold at an average price of $48.01, for a total value of $5,473.14.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ:GLPI opened at $48.01 on Thursday. The company has a market cap of $13.60 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 2.67 and a beta of 0.67. The business has a 50 day moving average price of $45.54 and a 200 day moving average price of $45.47. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.45. Gaming and Leisure Properties, Inc. has a twelve month low of $41.17 and a twelve month high of $52.24.

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

Gaming and Leisure Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, March 13th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 107.22%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Cohen & Steers Inc. acquired a new position in Gaming and Leisure Properties in the fourth quarter valued at approximately $313,242,000. Barclays PLC grew its stake in shares of Gaming and Leisure Properties by 1,525.0% during the third quarter. Barclays PLC now owns 4,033,903 shares of the real estate investment trust’s stock worth $188,020,000 after purchasing an additional 3,785,669 shares during the period. Norges Bank bought a new stake in Gaming and Leisure Properties in the fourth quarter valued at about $167,743,000. Balyasny Asset Management L.P. bought a new stake in Gaming and Leisure Properties in the second quarter valued at about $124,785,000. Finally, Goldman Sachs Group Inc. lifted its stake in Gaming and Leisure Properties by 629.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,483,123 shares of the real estate investment trust’s stock valued at $110,971,000 after buying an additional 2,142,511 shares during the period. Institutional investors own 91.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on GLPI. Mizuho set a $50.00 target price on Gaming and Leisure Properties and gave the stock an “outperform” rating in a report on Wednesday, December 17th. Scotiabank dropped 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 research report on Monday, February 2nd. Barclays lifted their price target on shares of 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 upped their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 24th. Finally, Cantor Fitzgerald cut their target price on shares of Gaming and Leisure Properties from $51.00 to $49.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $51.95.

Gaming and Leisure Properties Company 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.