Aaron Wealth Advisors LLC Buys 11,501 Shares of Gaming and Leisure Properties, Inc. $GLPI

Aaron Wealth Advisors LLC boosted its stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 181.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,842 shares of the real estate investment trust’s stock after purchasing an additional 11,501 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Gaming and Leisure Properties were worth $797,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Gaming and Leisure Properties by 2.4% during the third quarter. Vanguard Group Inc. now owns 37,905,759 shares of the real estate investment trust’s stock worth $1,766,787,000 after purchasing an additional 899,273 shares during the period. State Street Corp boosted its position in Gaming and Leisure Properties by 2.7% during the third quarter. State Street Corp now owns 12,745,415 shares of the real estate investment trust’s stock worth $594,064,000 after purchasing an additional 333,876 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Gaming and Leisure Properties by 3.7% during the third quarter. Dimensional Fund Advisors LP now owns 4,107,048 shares of the real estate investment trust’s stock worth $191,432,000 after buying an additional 147,375 shares during the last quarter. Barclays PLC boosted its position in shares of Gaming and Leisure Properties by 1,525.0% in the third quarter. Barclays PLC now owns 4,033,903 shares of the real estate investment trust’s stock valued at $188,020,000 after acquiring an additional 3,785,669 shares during the period. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Gaming and Leisure Properties in the second quarter valued at approximately $124,785,000. Institutional investors own 91.14% of the company’s stock.

Insider Buying and Selling at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 4,000 shares of the company’s stock in a transaction 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 sale, the director directly owned 130,429 shares in the company, valued at $6,178,421.73. This represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Desiree A. Burke sold 9,804 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $49.02, for a total value of $480,592.08. Following the completion of the sale, the chief financial officer owned 128,352 shares in the company, valued at $6,291,815.04. This trade represents a 7.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,178 shares of company stock worth $1,552,938 over the last three months. Company insiders own 4.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on GLPI. Weiss Ratings reissued a “hold (c)” rating on shares of Gaming and Leisure Properties in a research report on Thursday, January 22nd. Mizuho increased their price objective on 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. Morgan Stanley increased their price objective on 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. Barclays reduced their price objective on Gaming and Leisure Properties from $53.00 to $52.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Finally, Royal Bank Of Canada increased their price objective on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a research report on Monday, February 23rd. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $52.32.

Gaming and Leisure Properties Stock Performance

Shares of NASDAQ GLPI opened at $46.15 on Thursday. The business has a fifty day simple moving average of $46.64 and a 200 day simple moving average of $45.36. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $13.07 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 1.98 and a beta of 0.68. Gaming and Leisure Properties, Inc. has a one year low of $41.17 and a one year high of $50.31.

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

Gaming and Leisure Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date was Friday, March 13th. Gaming and Leisure Properties’s dividend 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.