Gaming and Leisure Properties, Inc. $GLPI Shares Bought by Barclays PLC

Barclays PLC grew its position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 1,525.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,033,903 shares of the real estate investment trust’s stock after buying an additional 3,785,669 shares during the period. Barclays PLC owned 1.43% of Gaming and Leisure Properties worth $188,020,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLPI. Spire Wealth Management increased its stake in Gaming and Leisure Properties by 62.3% during the third quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 238 shares during the last quarter. Securian Asset Management Inc. lifted its stake in shares of Gaming and Leisure Properties by 1.3% in the 3rd quarter. Securian Asset Management Inc. now owns 21,195 shares of the real estate investment trust’s stock valued at $988,000 after purchasing an additional 265 shares during the last quarter. Apella Capital LLC grew its holdings in shares of Gaming and Leisure Properties by 4.8% during the 3rd quarter. Apella Capital LLC now owns 5,904 shares of the real estate investment trust’s stock worth $263,000 after purchasing an additional 273 shares during the period. Truist Financial Corp increased its position in shares of Gaming and Leisure Properties by 0.4% during the 3rd quarter. Truist Financial Corp now owns 85,547 shares of the real estate investment trust’s stock worth $3,987,000 after purchasing an additional 299 shares during the last quarter. Finally, Penserra Capital Management LLC raised its holdings in Gaming and Leisure Properties by 1.1% in the 2nd quarter. Penserra Capital Management LLC now owns 27,735 shares of the real estate investment trust’s stock valued at $1,294,000 after buying an additional 305 shares during the period. Institutional investors and hedge funds own 91.14% of the company’s stock.

Gaming and Leisure Properties Price Performance

Shares of GLPI opened at $48.91 on Friday. The company has a market cap of $13.85 billion, a P/E ratio of 16.81, a PEG ratio of 2.72 and a beta of 0.64. Gaming and Leisure Properties, Inc. has a fifty-two week low of $41.17 and a fifty-two week high of $52.24. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.45. The firm’s 50 day moving average price is $46.16 and its 200 day moving average price is $45.63.

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

Gaming and Leisure Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Friday, March 13th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 107.22%.

Analyst Ratings Changes

Several research analysts have weighed in on GLPI shares. Morgan Stanley increased their target price on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 24th. JPMorgan Chase & Co. upgraded shares of Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $52.00 to $53.00 in a report on Friday, December 12th. Royal Bank Of Canada increased their price objective on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Monday, February 23rd. UBS Group reissued a “buy” rating on shares of Gaming and Leisure Properties in a research report on Thursday, January 8th. Finally, Stifel Nicolaus set a $48.50 price target on Gaming and Leisure Properties in a research note on Thursday, February 12th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $51.95.

Insider Buying and Selling

In related news, SVP Steven Ladany sold 18,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $44.77, for a total transaction of $805,860.00. Following the sale, the senior vice president directly owned 65,099 shares in the company, valued at approximately $2,914,482.23. This represents a 21.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Brandon John Moore sold 16,884 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were 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 approximately $12,390,845.70. This trade represents a 6.15% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 69,042 shares of company stock valued at $3,203,844. Corporate insiders own 4.26% of the company’s stock.

Gaming and Leisure Properties 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.