Gaming and Leisure Properties, Inc. $GLPI Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Trims Position

VIRGINIA RETIREMENT SYSTEMS ET Al lowered its stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 38.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 576,339 shares of the real estate investment trust’s stock after selling 361,375 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.20% of Gaming and Leisure Properties worth $21,884,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in GLPI. BlackRock Inc. purchased a new stake in Gaming and Leisure Properties during the 2nd quarter worth about $1,596,811,000. State Street Corp boosted its stake in shares of Gaming and Leisure Properties by 2.3% during the 2nd quarter. State Street Corp now owns 13,477,304 shares of the real estate investment trust’s stock worth $600,144,000 after purchasing an additional 305,154 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of Gaming and Leisure Properties by 21.7% during the 1st quarter. Jennison Associates LLC now owns 4,378,409 shares of the real estate investment trust’s stock worth $194,270,000 after purchasing an additional 781,198 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Gaming and Leisure Properties by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 4,160,855 shares of the real estate investment trust’s stock worth $184,614,000 after buying an additional 67,652 shares in the last quarter. Finally, Deutsche Bank AG purchased a new stake in shares of Gaming and Leisure Properties during the second quarter worth about $151,300,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Insider Activity

In related news, Director Earl C. Shanks bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were acquired at an average cost of $42.24 per share, with a total value of $422,400.00. Following the completion of the transaction, the director owned 107,259 shares of the company’s stock, valued at approximately $4,530,620.16. The trade was a 10.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 4.11% of the company’s stock.

Gaming and Leisure Properties Stock Performance

NASDAQ GLPI opened at $38.98 on Friday. The business’s 50-day moving average price is $39.91 and its 200 day moving average price is $44.50. The company has a current ratio of 4.74, a quick ratio of 4.74 and a debt-to-equity ratio of 1.51. Gaming and Leisure Properties, Inc. has a twelve month low of $37.33 and a twelve month high of $49.95. The company has a market capitalization of $11.34 billion, a PE ratio of 11.92, a price-to-earnings-growth ratio of 1.63 and a beta of 0.65.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings results on Thursday, October 29th. The real estate investment trust reported $0.71 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.09). The business had revenue of $435.45 million during the quarter, compared to analysts’ expectations of $436.30 million. Gaming and Leisure Properties had a net margin of 55.71% and a return on equity of 18.34%. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.97 EPS. On average, research analysts predict that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current year.

Gaming and Leisure Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were given a $0.82 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.28 annualized dividend and a dividend yield of 8.4%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 100.31%.

Trending Headlines about Gaming and Leisure Properties

Here are the key news stories impacting Gaming and Leisure Properties this week:

• Positive Sentiment: GLPI reported record third-quarter revenue of approximately $435.5 million, up 9.5% year over year, indicating continued growth in its gaming real-estate portfolio. Gaming and Leisure Properties Reports Record Third Quarter Results
• Positive Sentiment: Third-quarter funds from operations (FFO), a key REIT performance measure, came in at $1.04 per share, exceeding the $1.02 analyst consensus and improving from $0.97 a year earlier. Gaming and Leisure Properties GLPI Q3 FFO Surpass Estimates
• Positive Sentiment: The company entered a joint venture with Prologis to redevelop the former Hollywood Casino Joliet site, marking GLPI’s first investment outside traditional gaming real estate and potentially broadening its future growth opportunities. GLPI enters JV with Prologis to develop former Hollywood Casino Joliet site
• Neutral Sentiment: Management discussed the quarter and company outlook on the October 30 earnings call; investors will focus on commentary regarding rent coverage, capital deployment and the Prologis partnership. GLPI Q3 2026 Earnings Call Transcript
• Negative Sentiment: GAAP earnings per share were $0.71, missing the $0.80 consensus estimate and declining from $0.97 in the prior-year quarter. Net income also fell despite the revenue increase, creating the primary source of pressure on the stock. GLPI Third Quarter Earnings Report

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on GLPI. Truist Financial cut their price objective on shares of Gaming and Leisure Properties from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, October 20th. Citigroup restated a “market outperform” rating on shares of Gaming and Leisure Properties in a research report on Friday, October 2nd. Barclays lowered their target price on shares of Gaming and Leisure Properties from $50.00 to $44.00 and set an “overweight” rating for the company in a research note on Tuesday, October 20th. Cantor Fitzgerald lowered their target price on shares of Gaming and Leisure Properties from $52.00 to $48.00 and set a “neutral” rating for the company in a research note on Monday, August 10th. Finally, Scotiabank cut their price target on Gaming and Leisure Properties from $49.00 to $43.00 and set a “sector perform” rating for the company in a report on Thursday, September 24th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.69.

About Gaming and Leisure Properties

Gaming and Leisure Properties, Inc (NASDAQ: GLPI) is a real estate investment trust that owns and leases gaming and entertainment properties. The company primarily operates as a landlord, generating rental income through long-term agreements with casino operators rather than directly managing most of the gaming facilities located on its properties.

GLPI’s portfolio includes casinos, resorts, racetracks and related entertainment facilities across the United States. Its leases are generally structured as triple-net agreements, under which tenants are typically responsible for property-level expenses such as maintenance, insurance and real estate taxes.