Achmea Investment Management B.V. Has $3.43 Million Stock Holdings in Gaming and Leisure Properties, Inc. $GLPI

Achmea Investment Management B.V. trimmed its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 72.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 73,485 shares of the real estate investment trust’s stock after selling 193,668 shares during the quarter. Achmea Investment Management B.V.’s holdings in Gaming and Leisure Properties were worth $3,425,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Spire Wealth Management raised its position 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 valued at $29,000 after purchasing an additional 238 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Gaming and Leisure Properties by 89.3% during 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 purchasing an additional 309 shares in the last quarter. Quent Capital LLC acquired a new stake in Gaming and Leisure Properties during the 3rd quarter worth approximately $31,000. Bayforest Capital Ltd lifted its holdings in shares of Gaming and Leisure Properties by 412.1% during the third quarter. Bayforest Capital Ltd now owns 676 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 544 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Gaming and Leisure Properties in the 2nd quarter valued at about $39,000. 91.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GLPI has been the subject of several recent analyst reports. UBS Group reiterated a “buy” rating on shares of Gaming and Leisure Properties in a research report on Thursday, January 8th. Royal Bank Of Canada upped their target price on 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. Morgan Stanley raised their price target on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 24th. Scotiabank lifted their price objective on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the stock a “sector perform” rating in a report on Tuesday, March 10th. Finally, Mizuho upped their target price on Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Gaming and Leisure Properties currently has an average rating of “Moderate Buy” and an average target price of $52.32.

Insider Activity at Gaming and Leisure Properties

In related news, COO Brandon John Moore sold 16,884 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $48.05, for a total transaction of $811,276.20. Following the transaction, the chief operating officer owned 257,874 shares in the company, valued at $12,390,845.70. The trade was a 6.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director E Scott Urdang sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $47.37, for a total value of $189,480.00. Following the transaction, the director owned 130,429 shares in the company, valued at $6,178,421.73. This trade represents a 2.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 69,042 shares of company stock valued at $3,203,844 in the last 90 days. 4.26% of the stock is owned by company insiders.

Gaming and Leisure Properties Trading Down 1.3%

Shares of GLPI stock opened at $46.98 on Thursday. The company has a market capitalization of $13.31 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 2.12 and a beta of 0.64. The company has a debt-to-equity ratio of 1.45, a quick ratio of 3.84 and a current ratio of 3.84. The business’s fifty day moving average is $46.66 and its 200 day moving average is $45.63. Gaming and Leisure Properties, Inc. has a 52-week low of $41.17 and a 52-week high of $51.44.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $407.03 million during the quarter, compared to analyst estimates of $406.02 million. During the same period in the previous year, the business earned $0.95 earnings per share. The firm’s quarterly revenue 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. On average, equities research analysts anticipate that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $3.12 annualized dividend and a dividend yield of 6.6%. Gaming and Leisure Properties’s payout ratio is 107.22%.

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.