Cwm LLC Has $1.35 Million Stock Position in Gaming and Leisure Properties, Inc. $GLPI

Cwm LLC grew its stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 375.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,967 shares of the real estate investment trust’s stock after purchasing an additional 22,878 shares during the period. Cwm LLC’s holdings in Gaming and Leisure Properties were worth $1,350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of GLPI. Freedom Investment Management Inc. grew its position in Gaming and Leisure Properties by 4.6% in the second quarter. Freedom Investment Management Inc. now owns 5,977 shares of the real estate investment trust’s stock valued at $279,000 after acquiring an additional 261 shares during the period. REAP Financial Group LLC boosted its stake in shares of Gaming and Leisure Properties by 66.0% in the 2nd quarter. REAP Financial Group LLC now owns 664 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 264 shares in the last quarter. Whittier Trust Co. boosted its stake in shares of Gaming and Leisure Properties by 18.4% in the 2nd quarter. Whittier Trust Co. now owns 1,708 shares of the real estate investment trust’s stock valued at $80,000 after purchasing an additional 265 shares in the last quarter. UniSuper Management Pty Ltd grew its holdings in shares of Gaming and Leisure Properties by 0.4% in the 1st quarter. UniSuper Management Pty Ltd now owns 78,834 shares of the real estate investment trust’s stock worth $4,013,000 after purchasing an additional 300 shares during the last quarter. Finally, Penserra Capital Management LLC increased its position in shares of Gaming and Leisure Properties by 1.1% during the 2nd quarter. Penserra Capital Management LLC now owns 27,735 shares of the real estate investment trust’s stock worth $1,294,000 after purchasing an additional 305 shares in the last quarter. Institutional investors own 91.14% of the company’s stock.

Wall Street Analyst Weigh In

GLPI has been the topic of a number of recent analyst reports. Cantor Fitzgerald reduced their price target on shares of Gaming and Leisure Properties from $51.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Gaming and Leisure Properties in a report on Wednesday, October 8th. Morgan Stanley increased their price target on Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 24th. Mizuho set a $50.00 price target on Gaming and Leisure Properties and gave the company an “outperform” rating in a report on Wednesday, December 17th. Finally, Stifel Nicolaus set a $47.75 price objective on Gaming and Leisure Properties in a research note on Monday, December 15th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $51.89.

Insider Buying and Selling at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 4,000 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $45.49, for a total value of $181,960.00. Following the transaction, the director directly owned 129,953 shares in the company, valued at $5,911,561.97. This represents a 2.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 4.26% of the stock is currently owned by company insiders.

Gaming and Leisure Properties Trading Down 0.6%

GLPI stock opened at $44.42 on Monday. 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, Inc. has a twelve month low of $41.17 and a twelve month high of $52.24. The company has a market cap of $12.57 billion, a P/E ratio of 16.09 and a beta of 0.67. The business has a fifty day moving average of $43.99 and a 200-day moving average of $45.78.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its quarterly earnings data 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. The firm had revenue of $397.61 million during the quarter, compared to analyst estimates of $399.66 million. Gaming and Leisure Properties had a return on equity of 16.34% and a net margin of 49.54%.The company’s revenue was up 3.2% on a year-over-year basis. During the same period last year, the company earned $0.95 earnings per share. Gaming and Leisure Properties has set its FY 2025 guidance at 3.860-3.880 EPS. As a group, equities research analysts expect that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current year.

Gaming and Leisure Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend was Friday, December 5th. Gaming and Leisure Properties’s payout ratio is 113.04%.

About Gaming and Leisure Properties

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.