Machina Capital S.A.S. Has $1.30 Million Stock Position in Gaming and Leisure Properties, Inc. $GLPI

Machina Capital S.A.S. increased its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 83.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,883 shares of the real estate investment trust’s stock after acquiring an additional 12,696 shares during the period. Machina Capital S.A.S.’s holdings in Gaming and Leisure Properties were worth $1,302,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA bought a new stake in Gaming and Leisure Properties during the 1st quarter worth approximately $28,000. Teacher Retirement System of Texas bought a new stake in Gaming and Leisure Properties during the first quarter worth $2,042,000. Wayfinding Financial LLC purchased a new stake in Gaming and Leisure Properties in the 1st quarter valued at $33,000. Penserra Capital Management LLC raised its position in Gaming and Leisure Properties by 21.0% in the 1st quarter. Penserra Capital Management LLC now owns 27,430 shares of the real estate investment trust’s stock valued at $1,396,000 after buying an additional 4,761 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Gaming and Leisure Properties by 2.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 604,875 shares of the real estate investment trust’s stock valued at $30,788,000 after acquiring an additional 16,617 shares in the last quarter. Institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Stock Up 1.8%

GLPI opened at $45.47 on Tuesday. Gaming and Leisure Properties, Inc. has a twelve month low of $42.26 and a twelve month high of $52.27. The company’s 50-day moving average price is $46.30 and its two-hundred day moving average price is $46.73. The stock has a market cap of $12.87 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 9.71 and a beta of 0.74. The company has a quick ratio of 13.23, a current ratio of 13.23 and a debt-to-equity ratio of 1.47.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.01. Gaming and Leisure Properties had a net margin of 49.54% and a return on equity of 16.34%. The company had revenue of $397.60 million for the quarter, compared to analysts’ expectations of $399.66 million. During the same quarter in the previous year, the firm posted $0.95 EPS. Gaming and Leisure Properties’s revenue was up 3.2% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2025 guidance at 3.860-3.880 EPS. As a group, equities analysts expect that Gaming and Leisure Properties, Inc. will post 3.81 earnings per share for the current year.

Gaming and Leisure Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 12th were given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Friday, September 12th. Gaming and Leisure Properties’s dividend payout ratio is currently 113.04%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on GLPI shares. Barclays upgraded shares of Gaming and Leisure Properties from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $51.00 to $54.00 in a research note on Monday, October 20th. Royal Bank Of Canada reduced their price objective on shares of Gaming and Leisure Properties from $54.00 to $53.00 and set an “outperform” rating for the company in a research report on Monday, July 28th. Cantor Fitzgerald initiated coverage on shares of Gaming and Leisure Properties in a research report on Wednesday, October 1st. They set a “neutral” rating and a $51.00 target price on the stock. Scotiabank boosted their target price on Gaming and Leisure Properties from $48.00 to $50.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Finally, Macquarie decreased their price target on Gaming and Leisure Properties from $60.00 to $59.00 and set an “outperform” rating for the company in a research report on Monday, July 28th. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $52.65.

Gaming and Leisure Properties Profile

Gaming & Leisure Properties, Inc engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.