Gaming and Leisure Properties, Inc. $GLPI Shares Bought by Aberdeen Group plc

Aberdeen Group plc grew its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 14.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 513,080 shares of the real estate investment trust’s stock after purchasing an additional 63,812 shares during the period. Aberdeen Group plc owned about 0.18% of Gaming and Leisure Properties worth $22,930,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. 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 lifted 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 acquiring an additional 309 shares during the last quarter. Quent Capital LLC purchased a new position in Gaming and Leisure Properties in the third quarter worth approximately $31,000. Bayforest Capital Ltd grew 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 acquiring an additional 544 shares in the last quarter. Finally, True Wealth Design LLC raised its stake in Gaming and Leisure Properties by 238.3% in the fourth quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 610 shares in the last quarter. Institutional investors and hedge funds own 91.14% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. upgraded Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $52.00 to $53.00 in a research note on Friday, December 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 22nd. Stifel Nicolaus set a $48.50 price objective on shares of Gaming and Leisure Properties in a report on Thursday, February 12th. Royal Bank Of Canada boosted 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. Finally, Mizuho boosted their price target on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $52.32.

Insiders Place Their Bets

In related news, COO Brandon John Moore sold 16,884 shares of Gaming and Leisure Properties stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total value of $811,276.20. Following the sale, the chief operating officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director E Scott Urdang sold 4,000 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $47.37, for a total value of $189,480.00. Following the completion of the sale, the director directly owned 130,429 shares of the company’s stock, valued at approximately $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 45,587 shares of company stock valued at $2,156,880 over the last 90 days. 4.26% of the stock is owned by corporate insiders.

Gaming and Leisure Properties Stock Performance

Shares of Gaming and Leisure Properties stock opened at $44.42 on Monday. The firm’s fifty day simple moving average is $46.61 and its 200-day simple moving average is $45.37. The stock has a market capitalization of $12.58 billion, a price-to-earnings ratio of 15.26, a PEG ratio of 1.98 and a beta of 0.68. Gaming and Leisure Properties, Inc. has a 12 month low of $41.17 and a 12 month high of $50.89. The company has a debt-to-equity ratio of 1.45, a current ratio of 3.84 and a quick ratio of 3.84.

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, beating 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 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 prior year, the firm earned $0.95 EPS. Gaming and Leisure Properties’s revenue for the quarter was up 4.5% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. As a group, equities analysts forecast that Gaming and Leisure Properties, Inc. will post 3.81 earnings per share for the current year.

Gaming and Leisure Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were issued a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend was Friday, March 13th. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 107.22%.

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.