Aperio Group LLC raised its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 16.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,412 shares of the real estate investment trust’s stock after purchasing an additional 10,267 shares during the quarter. Aperio Group LLC’s holdings in Gaming and Leisure Properties were worth $2,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in GLPI. Mckinley Capital Management LLC Delaware bought a new position in Gaming and Leisure Properties in the 2nd quarter worth about $101,000. Advisor Group Inc. boosted its stake in Gaming and Leisure Properties by 75.3% in the 2nd quarter. Advisor Group Inc. now owns 4,650 shares of the real estate investment trust’s stock worth $143,000 after purchasing an additional 1,998 shares during the period. CIBC Asset Management Inc bought a new position in Gaming and Leisure Properties in the 2nd quarter worth about $221,000. The Manufacturers Life Insurance Company boosted its stake in Gaming and Leisure Properties by 7.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,763 shares of the real estate investment trust’s stock worth $255,000 after purchasing an additional 473 shares during the period. Finally, Sheaff Brock Investment Advisors LLC bought a new position in Gaming and Leisure Properties in the 2nd quarter worth about $259,000. Hedge funds and other institutional investors own 91.65% of the company’s stock.

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Several research analysts have commented on GLPI shares. Stifel Nicolaus restated a “hold” rating and issued a $39.00 target price on shares of Gaming and Leisure Properties in a research note on Friday, July 28th. Ladenburg Thalmann Financial Services restated a “buy” rating on shares of Gaming and Leisure Properties in a research note on Friday, July 28th. Barclays PLC raised their price target on Gaming and Leisure Properties from $40.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, August 16th. BidaskClub raised Gaming and Leisure Properties from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $38.00 price target on shares of Gaming and Leisure Properties in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $38.86.

Gaming and Leisure Properties, Inc. (NASDAQ GLPI) opened at $36.78 on Monday. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market capitalization of $7,819.55, a P/E ratio of 11.65, a price-to-earnings-growth ratio of 3.86 and a beta of 0.86. Gaming and Leisure Properties, Inc. has a 12 month low of $29.32 and a 12 month high of $39.32.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $0.45 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.45. The business had revenue of $244.50 million for the quarter, compared to analysts’ expectations of $243.66 million. Gaming and Leisure Properties had a return on equity of 17.37% and a net margin of 39.31%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.43 EPS. equities analysts predict that Gaming and Leisure Properties, Inc. will post 3.09 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.63 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $2.52 dividend on an annualized basis and a yield of 6.85%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 140.00%.

In other Gaming and Leisure Properties news, Director E Scott Urdang acquired 5,000 shares of the business’s stock in a transaction dated Monday, October 30th. The shares were purchased at an average cost of $36.23 per share, for a total transaction of $181,150.00. Following the transaction, the director now owns 55,241 shares in the company, valued at $2,001,381.43. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 5.88% of the stock is owned by insiders.

Gaming and Leisure Properties 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.

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Institutional Ownership by Quarter for Gaming and Leisure Properties (NASDAQ:GLPI)

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