Andra AP fonden Has $11.01 Million Position in Gaming and Leisure Properties, Inc. $GLPI

Andra AP fonden decreased its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 38.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 236,200 shares of the real estate investment trust’s stock after selling 150,000 shares during the period. Andra AP fonden owned approximately 0.08% of Gaming and Leisure Properties worth $11,009,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Spire Wealth Management grew its position in shares of Gaming and Leisure Properties by 62.3% during the 3rd quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 238 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Gaming and Leisure Properties by 89.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 309 shares during the period. Quent Capital LLC bought a new position in shares of Gaming and Leisure Properties during the 3rd quarter valued at about $31,000. Bayforest Capital Ltd grew its position in shares of Gaming and Leisure Properties by 412.1% in the 3rd quarter. Bayforest Capital Ltd now owns 676 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 544 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Gaming and Leisure Properties during the 2nd quarter worth approximately $39,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Stifel Nicolaus set a $48.50 price target on shares of Gaming and Leisure Properties in a report on Thursday, February 12th. UBS Group reiterated a “buy” rating on shares of Gaming and Leisure Properties in a report on Thursday, January 8th. JPMorgan Chase & Co. upgraded Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $52.00 to $53.00 in a report on Friday, December 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Gaming and Leisure Properties in a report on Thursday, January 22nd. Finally, Scotiabank decreased their price target on shares of Gaming and Leisure Properties from $50.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, February 2nd. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $51.95.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ GLPI opened at $48.91 on Friday. The firm has a market cap of $13.85 billion, a P/E ratio of 16.81, a price-to-earnings-growth ratio of 2.69 and a beta of 0.67. The business’s 50 day moving average is $45.69 and its 200-day moving average is $45.51. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 1.45. Gaming and Leisure Properties, Inc. has a 1-year low of $41.17 and a 1-year high of $52.24.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. Gaming and Leisure Properties had a net margin of 52.24% and a return on equity of 17.10%. The firm had revenue of $407.03 million during the quarter, compared to the consensus estimate of $406.02 million. During the same quarter in the previous year, the firm posted $0.95 EPS. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. Equities research analysts predict that Gaming and Leisure Properties, Inc. will post 3.81 earnings per share for the current year.

Gaming and Leisure Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $3.12 dividend on an annualized basis and a yield of 6.4%. Gaming and Leisure Properties’s dividend payout ratio is currently 107.22%.

Insider Buying and Selling

In other Gaming and Leisure Properties news, COO Brandon John Moore sold 16,884 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total transaction of $811,276.20. Following the completion of the sale, the chief operating officer directly owned 257,874 shares in the company, valued at $12,390,845.70. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Desiree A. Burke sold 9,804 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $49.02, for a total value of $480,592.08. Following the transaction, the chief financial officer directly owned 128,352 shares of the company’s stock, valued at $6,291,815.04. This trade represents a 7.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 69,042 shares of company stock worth $3,203,844. 4.26% of the stock is owned by corporate insiders.

Gaming and Leisure Properties Company Profile

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.