Eurizon Capital SGR S.p.A. Takes $1.01 Million Position in Gaming and Leisure Properties, Inc. $GLPI

Eurizon Capital SGR S.p.A. acquired a new stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) during the 4th quarter, Holdings Channel reports. The firm acquired 22,508 shares of the real estate investment trust’s stock, valued at approximately $1,007,000.

Other institutional investors have also recently made changes to their positions in the company. Lighthouse Investment Partners LLC acquired a new stake in shares of Gaming and Leisure Properties in the 3rd quarter worth about $10,117,000. Raiffeisen Bank International AG acquired a new stake in shares of Gaming and Leisure Properties in the 3rd quarter worth about $703,000. Bayhunt Capital LLC acquired a new stake in shares of Gaming and Leisure Properties in the 4th quarter worth about $14,811,000. LDR Capital Management LLC acquired a new stake in shares of Gaming and Leisure Properties in the 4th quarter worth about $2,392,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Gaming and Leisure Properties by 11.7% in the 4th quarter. Sound Income Strategies LLC now owns 415,085 shares of the real estate investment trust’s stock worth $19,235,000 after acquiring an additional 43,501 shares during the last quarter. Institutional investors and hedge funds own 91.14% of the company’s stock.

Wall Street Analyst Weigh In

GLPI has been the topic of a number of analyst reports. Scotiabank upped their target price on shares of Gaming and Leisure Properties from $50.00 to $52.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 12th. Royal Bank Of Canada upped their target price on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Monday, February 23rd. Stifel Nicolaus set a $50.00 price objective on shares of Gaming and Leisure Properties in a research report on Friday, April 24th. Mizuho upped their price objective on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Finally, Barclays upped their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $52.89.

Gaming and Leisure Properties Trading Down 0.7%

Shares of GLPI stock opened at $46.08 on Thursday. Gaming and Leisure Properties, Inc. has a 52-week low of $41.17 and a 52-week high of $49.95. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29. The company has a 50-day simple moving average of $46.72 and a two-hundred day simple moving average of $45.90. The company has a market capitalization of $13.06 billion, a price-to-earnings ratio of 14.63, a PEG ratio of 2.01 and a beta of 0.66.

Gaming and Leisure Properties (NASDAQ:GLPI) last issued its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. The business had revenue of $419.99 million during the quarter, compared to the consensus estimate of $417.15 million. During the same period in the prior year, the firm posted $0.96 EPS. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. Research analysts anticipate that Gaming and Leisure Properties, Inc. will post 4 EPS for the current fiscal year.

Gaming and Leisure Properties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Friday, June 12th. This is a positive change from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. Gaming and Leisure Properties’s payout ratio is currently 99.05%.

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.