Stifel Nicolaus reissued their hold rating on shares of Gaming and Leisure Properties (NASDAQ:GLPI) in a research report report published on Friday morning.

Several other equities analysts also recently weighed in on the company. BidaskClub raised Gaming and Leisure Properties from a strong sell rating to a sell rating in a research report on Friday, February 2nd. Zacks Investment Research downgraded Gaming and Leisure Properties from a hold rating to a sell rating in a research report on Wednesday, January 31st. Jefferies Group assumed coverage on Gaming and Leisure Properties in a research report on Thursday, January 18th. They issued a hold rating on the stock. SunTrust Banks raised Gaming and Leisure Properties from a hold rating to a buy rating in a research report on Thursday, January 11th. Finally, Barclays reaffirmed a buy rating on shares of Gaming and Leisure Properties in a research report on Sunday, December 24th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. Gaming and Leisure Properties presently has an average rating of Hold and an average target price of $38.50.

Gaming and Leisure Properties (NASDAQ:GLPI) opened at $33.56 on Friday. The firm has a market capitalization of $7,062.68, a P/E ratio of 18.85 and a beta of 0.79. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.78. Gaming and Leisure Properties has a 12-month low of $30.22 and a 12-month high of $39.32.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its earnings results on Thursday, February 8th. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by ($0.33). The company had revenue of $240.70 million for the quarter, compared to the consensus estimate of $243.27 million. Gaming and Leisure Properties had a net margin of 39.18% and a return on equity of 17.28%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 EPS. analysts forecast that Gaming and Leisure Properties will post 3.13 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. grew its position in Gaming and Leisure Properties by 3.4% in the 4th quarter. BlackRock Inc. now owns 14,337,616 shares of the real estate investment trust’s stock valued at $530,492,000 after acquiring an additional 475,890 shares during the last quarter. Cohen & Steers Inc. lifted its holdings in shares of Gaming and Leisure Properties by 76.0% in the 3rd quarter. Cohen & Steers Inc. now owns 10,419,952 shares of the real estate investment trust’s stock worth $384,392,000 after buying an additional 4,500,479 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of Gaming and Leisure Properties by 26,378.0% in the 3rd quarter. Daiwa Securities Group Inc. now owns 4,660,136 shares of the real estate investment trust’s stock worth $171,912,000 after buying an additional 4,642,536 shares during the period. State Street Corp lifted its holdings in shares of Gaming and Leisure Properties by 0.8% in the 2nd quarter. State Street Corp now owns 3,961,374 shares of the real estate investment trust’s stock worth $149,222,000 after buying an additional 32,998 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Gaming and Leisure Properties by 324.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,927,911 shares of the real estate investment trust’s stock worth $108,333,000 after buying an additional 2,238,382 shares during the period. 92.34% of the stock is currently owned by institutional investors.

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Gaming and Leisure Properties Company Profile

Gaming and Leisure Properties, Inc (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. Its segments include GLP Capital, L.P.

Analyst Recommendations for Gaming and Leisure Properties (NASDAQ:GLPI)

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