Aspire Private Capital LLC Sells 15,218 Shares of Gaming and Leisure Properties, Inc. $GLPI

Aspire Private Capital LLC lessened its stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 72.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,809 shares of the real estate investment trust’s stock after selling 15,218 shares during the period. Aspire Private Capital LLC’s holdings in Gaming and Leisure Properties were worth $260,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Spire Wealth Management increased its position in shares of 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 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 worth $31,000 after purchasing an additional 309 shares in the last quarter. Quent Capital LLC bought a new position in Gaming and Leisure Properties in the third quarter worth approximately $31,000. Bayforest Capital Ltd increased its holdings in Gaming and Leisure Properties by 412.1% during the 3rd 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 purchased a new position in Gaming and Leisure Properties during the 2nd quarter worth $39,000. Institutional investors own 91.14% of the company’s stock.

Insider Activity

In other news, CFO Desiree A. Burke sold 9,804 shares of the company’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $49.02, for a total transaction of $480,592.08. Following the transaction, the chief financial officer directly owned 128,352 shares of the company’s stock, valued at approximately $6,291,815.04. This represents a 7.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Steven Ladany sold 13,409 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $45.04, for a total value of $603,941.36. Following the sale, the senior vice president owned 57,886 shares of the company’s stock, valued at approximately $2,607,185.44. This represents a 18.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,412 shares of company stock valued at $2,282,027 in the last ninety days. 4.26% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

GLPI has been the subject of several research reports. Stifel Nicolaus set a $48.50 target price on Gaming and Leisure Properties in a report on Thursday, February 12th. Barclays cut their price target on Gaming and Leisure Properties from $53.00 to $52.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. Royal Bank Of Canada upped 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 note on Monday, February 23rd. UBS Group reiterated a “buy” rating on shares of Gaming and Leisure Properties in a report on Thursday, January 8th. Finally, Scotiabank raised their target price on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 10th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $52.32.

Gaming and Leisure Properties Trading Up 0.2%

Shares of NASDAQ:GLPI opened at $44.42 on Friday. Gaming and Leisure Properties, Inc. has a 12-month low of $41.17 and a 12-month high of $50.89. The business’s fifty day simple moving average is $46.63 and its 200-day simple moving average is $45.42. The company has a market capitalization of $12.58 billion, a PE ratio of 15.26, a P/E/G ratio of 1.97 and a beta of 0.68. 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 (NASDAQ:GLPI) last released 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. Gaming and Leisure Properties had a return on equity of 17.10% and a net margin of 52.24%.The firm 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 company 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. As a group, equities research analysts predict 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 company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were given a dividend of $0.78 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.12 dividend on an annualized basis and a yield of 7.0%. Gaming and Leisure Properties’s dividend payout ratio is presently 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.