Gaming and Leisure Properties, Inc. $GLPI Shares Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC lifted its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 178.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,844 shares of the real estate investment trust’s stock after acquiring an additional 46,005 shares during the period. New Age Alpha Advisors LLC’s holdings in Gaming and Leisure Properties were worth $3,211,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in GLPI. First Trust Advisors LP increased its position in shares of Gaming and Leisure Properties by 78.7% in the second quarter. First Trust Advisors LP now owns 283,963 shares of the real estate investment trust’s stock worth $13,255,000 after acquiring an additional 125,098 shares in the last quarter. Cerity Partners LLC increased its position in shares of Gaming and Leisure Properties by 18.6% in the second quarter. Cerity Partners LLC now owns 10,233 shares of the real estate investment trust’s stock worth $478,000 after acquiring an additional 1,608 shares in the last quarter. Bank of Nova Scotia increased its position in shares of Gaming and Leisure Properties by 16.6% in the second quarter. Bank of Nova Scotia now owns 18,603 shares of the real estate investment trust’s stock worth $868,000 after acquiring an additional 2,646 shares in the last quarter. AXA S.A. boosted its stake in shares of Gaming and Leisure Properties by 478.5% in the second quarter. AXA S.A. now owns 39,543 shares of the real estate investment trust’s stock valued at $1,846,000 after purchasing an additional 32,708 shares during the period. Finally, Squarepoint Ops LLC boosted its stake in shares of Gaming and Leisure Properties by 276.2% in the second quarter. Squarepoint Ops LLC now owns 70,459 shares of the real estate investment trust’s stock valued at $3,289,000 after purchasing an additional 51,731 shares during the period. Institutional investors and hedge funds own 91.14% of the company’s stock.

Insider Buying and Selling

In other Gaming and Leisure Properties news, CFO Desiree A. Burke sold 9,804 shares of the 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 transaction, the chief financial officer directly owned 128,352 shares in the company, valued at $6,291,815.04. This represents a 7.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 4.11% of the stock is owned by company insiders.

Gaming and Leisure Properties Price Performance

Shares of GLPI stock opened at $47.78 on Tuesday. Gaming and Leisure Properties, Inc. has a twelve month low of $41.17 and a twelve month high of $49.95. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $13.54 billion, a PE ratio of 15.17, a price-to-earnings-growth ratio of 2.07 and a beta of 0.68. The firm has a fifty day simple moving average of $46.72 and a 200-day simple moving average of $45.79.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.82 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $417.15 million. During the same period in the prior year, the firm posted $0.96 EPS. The firm’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 research analysts anticipate that Gaming and Leisure Properties, Inc. will post 4 earnings per share for the current fiscal year.

Gaming and Leisure Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.82 per share. This is a positive change from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. The ex-dividend date is Friday, June 12th. This represents a $3.28 dividend on an annualized basis and a yield of 6.9%. Gaming and Leisure Properties’s payout ratio is currently 99.05%.

Wall Street Analyst Weigh In

GLPI has been the subject of several analyst reports. Mizuho upped their target price on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Stifel Nicolaus set a $50.00 target price on shares of Gaming and Leisure Properties in a research note on Friday, April 24th. Scotiabank upped their target price on shares of Gaming and Leisure Properties from $50.00 to $52.00 and gave the company a “sector perform” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada upped their target price on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Finally, Barclays upped their target price on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Gaming and Leisure Properties has an average rating of “Moderate Buy” and a consensus target price of $52.50.

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.