Two Sigma Securities LLC Invests $2.06 Million in Gaming and Leisure Properties, Inc. $GLPI

Two Sigma Securities LLC purchased a new stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in the second quarter, Holdings Channel reports. The firm purchased 46,313 shares of the real estate investment trust’s stock, valued at approximately $2,062,000.

Several other institutional investors and hedge funds have also made changes to their positions in GLPI. SHP Wealth Management acquired a new position in Gaming and Leisure Properties in the fourth quarter worth $30,000. International Assets Investment Management LLC bought a new position in shares of Gaming and Leisure Properties in the 4th quarter worth about $31,000. Essential Partners LLC boosted its holdings in shares of Gaming and Leisure Properties by 38.2% in the 1st quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 240 shares during the period. Blue Trust Inc. bought a new stake in shares of Gaming and Leisure Properties during the 1st quarter valued at about $40,000. Finally, Persistent Asset Partners Ltd acquired a new stake in Gaming and Leisure Properties during the second quarter worth about $40,000. 91.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director Earl C. Shanks bought 10,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were purchased at an average cost of $42.24 per share, for a total transaction of $422,400.00. Following the transaction, the director directly owned 107,259 shares in the company, valued at $4,530,620.16. The trade was a 10.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director E Scott Urdang sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the sale, the director owned 127,429 shares in the company, valued at approximately $6,157,369.28. This represents a 2.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.11% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on GLPI shares. Wells Fargo & Company decreased their target price on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Stifel Nicolaus dropped their price target on Gaming and Leisure Properties from $50.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, July 31st. Cantor Fitzgerald cut their price target on Gaming and Leisure Properties from $52.00 to $48.00 and set a “neutral” rating on the stock in a report on Monday, August 10th. UBS Group set a $49.00 price objective on Gaming and Leisure Properties in a research report on Thursday, June 18th. Finally, Weiss Ratings downgraded Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $49.91.

Gaming and Leisure Properties Stock Performance

Shares of NASDAQ:GLPI opened at $42.56 on Monday. The company has a market cap of $12.38 billion, a PE ratio of 12.48, a P/E/G ratio of 1.78 and a beta of 0.66. The company’s 50-day moving average price is $44.03 and its 200 day moving average price is $45.98. Gaming and Leisure Properties, Inc. has a fifty-two week low of $41.17 and a fifty-two week high of $49.95. The company has a quick ratio of 4.74, a current ratio of 4.74 and a debt-to-equity ratio of 1.51.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. Gaming and Leisure Properties had a net margin of 59.01% and a return on equity of 19.17%. The firm had revenue of $430.52 million during the quarter, compared to analysts’ expectations of $428.51 million. During the same quarter in the prior year, the firm earned $0.96 EPS. Gaming and Leisure Properties’s quarterly revenue was up 9.0% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. Sell-side analysts anticipate that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current year.

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.