Fjarde AP Fonden Fourth Swedish National Pension Fund Buys Shares of 72,032 Gaming and Leisure Properties, Inc. $GLPI

Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the 4th quarter, Holdings Channel reports. The firm bought 72,032 shares of the real estate investment trust’s stock, valued at approximately $3,219,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in shares of Gaming and Leisure Properties in the fourth quarter valued at $29,000. International Assets Investment Management LLC acquired a new stake in shares of Gaming and Leisure Properties in the fourth quarter valued at $31,000. True Wealth Design LLC lifted its holdings in shares of Gaming and Leisure Properties by 238.3% in the fourth quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 610 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Gaming and Leisure Properties by 107.7% in the third quarter. EverSource Wealth Advisors LLC now owns 887 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 460 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Gaming and Leisure Properties by 48.2% in the third quarter. Smartleaf Asset Management LLC now owns 1,212 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 394 shares during the period. Institutional investors own 91.14% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on GLPI shares. Barclays upped their price objective on 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 Gaming and Leisure Properties in a report on Friday, April 24th. Weiss Ratings upgraded Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Royal Bank Of Canada upped their price objective on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. Finally, Scotiabank upped their price objective on Gaming and Leisure Properties from $50.00 to $52.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Gaming and Leisure Properties presently has a consensus rating of “Moderate Buy” and an average price target of $52.89.

Gaming and Leisure Properties Stock Down 1.3%

Shares of Gaming and Leisure Properties stock opened at $46.55 on Tuesday. The stock’s fifty day moving average is $46.79 and its 200-day moving average is $45.95. The firm has a market capitalization of $13.19 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 2.04 and a beta of 0.66. The company has a quick ratio of 6.29, a current ratio of 6.29 and a debt-to-equity ratio of 1.62. Gaming and Leisure Properties, Inc. has a 12-month low of $41.17 and a 12-month high of $49.95.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. The company had revenue of $419.99 million for the quarter, compared to analyst estimates of $417.15 million. Gaming and Leisure Properties had a return on equity of 18.06% and a net margin of 55.56%.Gaming and Leisure Properties’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.96 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. Equities analysts anticipate that Gaming and Leisure Properties, Inc. will post 4 earnings per share for the current year.

Gaming and Leisure Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 7.0%. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend is Friday, June 12th. Gaming and Leisure Properties’s payout ratio is presently 99.05%.

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.