Asset Management One Co. Ltd. Sells 13,745 Shares of Gaming and Leisure Properties, Inc. $GLPI

Asset Management One Co. Ltd. lowered its position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 577,305 shares of the real estate investment trust’s stock after selling 13,745 shares during the period. Asset Management One Co. Ltd. owned 0.20% of Gaming and Leisure Properties worth $25,800,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Gaming and Leisure Properties by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 37,905,759 shares of the real estate investment trust’s stock valued at $1,766,787,000 after purchasing an additional 899,273 shares during the period. State Street Corp grew its position in shares of Gaming and Leisure Properties by 2.7% during the 3rd quarter. State Street Corp now owns 12,745,415 shares of the real estate investment trust’s stock valued at $594,064,000 after purchasing an additional 333,876 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Gaming and Leisure Properties by 3.7% in 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 purchasing an additional 147,375 shares during the period. Barclays PLC raised 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 worth $188,020,000 after buying an additional 3,785,669 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Gaming and Leisure Properties by 711.8% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,369,851 shares of the real estate investment trust’s stock worth $110,459,000 after buying an additional 2,077,937 shares in the last quarter. Institutional investors own 91.14% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Royal Bank Of Canada boosted 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Gaming and Leisure Properties in a report on Thursday, January 22nd. Stifel Nicolaus set a $48.50 price target on Gaming and Leisure Properties in a research report on Thursday, February 12th. Mizuho boosted their price objective on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Finally, Morgan Stanley upped their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 24th. 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $52.32.

Gaming and Leisure Properties Stock Performance

NASDAQ GLPI opened at $47.73 on Friday. Gaming and Leisure Properties, Inc. has a 52-week low of $41.17 and a 52-week high of $50.31. 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 company has a market capitalization of $13.52 billion, a P/E ratio of 16.40, a P/E/G ratio of 2.10 and a beta of 0.68. The company has a fifty day moving average of $46.91 and a 200-day moving average of $45.39.

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. As a group, equities research analysts predict that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a dividend of $0.78 per share. The ex-dividend date was Friday, March 13th. This represents a $3.12 annualized dividend and a dividend yield of 6.5%. Gaming and Leisure Properties’s dividend payout ratio is 107.22%.

Insider Activity

In related news, CFO Desiree A. Burke sold 9,804 shares of the firm’s stock in a transaction dated 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 trade represents a 7.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director E Scott Urdang sold 4,000 shares of the business’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 completion of the sale, the director owned 130,429 shares of the company’s stock, valued at $6,178,421.73. The trade was a 2.98% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 32,178 shares of company stock worth $1,552,938. 4.26% of the stock is currently owned by insiders.

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.