Arbejdsmarkedets Tillaegspension Purchases Shares of 562,762 Gaming and Leisure Properties, Inc. $GLPI

Arbejdsmarkedets Tillaegspension purchased a new stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 562,762 shares of the real estate investment trust’s stock, valued at approximately $25,150,000. Gaming and Leisure Properties accounts for about 0.6% of Arbejdsmarkedets Tillaegspension’s portfolio, making the stock its 5th biggest position.

Several other large investors have also recently bought and sold shares of the stock. Barclays PLC raised its holdings in Gaming and Leisure Properties by 1,525.0% in the 3rd quarter. Barclays PLC now owns 4,033,903 shares of the real estate investment trust’s stock valued at $188,020,000 after buying an additional 3,785,669 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Gaming and Leisure Properties by 711.8% in 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 valued at $110,459,000 after buying an additional 2,077,937 shares during the last quarter. Bank of America Corp DE raised its holdings in Gaming and Leisure Properties by 175.7% in the 3rd quarter. Bank of America Corp DE now owns 2,364,746 shares of the real estate investment trust’s stock valued at $110,221,000 after buying an additional 1,507,006 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new position in Gaming and Leisure Properties in the 3rd quarter valued at approximately $64,448,000. Finally, Vanguard Group Inc. raised its holdings in Gaming and Leisure Properties by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 37,905,759 shares of the real estate investment trust’s stock valued at $1,766,787,000 after buying an additional 899,273 shares during the last quarter. 91.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada raised their price objective on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. Mizuho raised their price objective on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Barclays raised their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Stifel Nicolaus set a $50.00 price objective on shares of Gaming and Leisure Properties in a report on Friday, April 24th. Finally, Weiss Ratings lowered shares of Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 1st. 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 currently has an average rating of “Moderate Buy” and a consensus target price of $52.50.

Gaming and Leisure Properties Stock Down 0.2%

Gaming and Leisure Properties stock opened at $46.87 on Friday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29. Gaming and Leisure Properties, Inc. has a 52-week low of $41.17 and a 52-week high of $49.95. The firm has a 50 day moving average price of $46.92 and a two-hundred day moving average price of $45.65. The firm has a market cap of $13.28 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 2.03 and a beta of 0.68.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $419.99 million during the quarter, compared to analyst estimates of $417.15 million. During the same quarter last year, the business earned $0.96 EPS. The company’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. Equities analysts predict that Gaming and Leisure Properties, Inc. will post 4 EPS for the current year.

Gaming and Leisure Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were issued a dividend of $0.78 per share. The ex-dividend date was Friday, March 13th. This represents a $3.12 annualized dividend and a yield of 6.7%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 99.05%.

Insiders Place Their Bets

In other news, COO Brandon John Moore sold 16,884 shares of Gaming and Leisure Properties stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $48.05, for a total value of $811,276.20. Following the completion of the sale, the chief operating officer owned 257,874 shares in the company, valued at $12,390,845.70. The trade was a 6.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Desiree A. Burke sold 9,804 shares of Gaming and Leisure Properties stock in a transaction on Friday, February 27th. The shares were sold at an average price of $49.02, for a total transaction of $480,592.08. Following the completion of the sale, the chief financial officer owned 128,352 shares of the company’s stock, valued at $6,291,815.04. This represents a 7.10% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 32,178 shares of company stock worth $1,552,938. 4.11% of the stock is currently owned by insiders.

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.