Gaming and Leisure Properties, Inc. $GLPI Stock Holdings Decreased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 15.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,098 shares of the real estate investment trust’s stock after selling 11,469 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Gaming and Leisure Properties were worth $2,730,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in GLPI. Prudential Financial Inc. raised its stake in Gaming and Leisure Properties by 16.3% during the 2nd quarter. Prudential Financial Inc. now owns 37,314 shares of the real estate investment trust’s stock valued at $1,816,000 after purchasing an additional 5,227 shares during the period. M&T Bank Corp boosted its position in shares of Gaming and Leisure Properties by 1.7% in the second quarter. M&T Bank Corp now owns 38,219 shares of the real estate investment trust’s stock worth $1,784,000 after buying an additional 640 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Gaming and Leisure Properties in the second quarter worth $645,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Gaming and Leisure Properties during the second quarter valued at $7,852,000. Finally, CW Advisors LLC grew its holdings in shares of Gaming and Leisure Properties by 5.9% during the second quarter. CW Advisors LLC now owns 11,644 shares of the real estate investment trust’s stock valued at $544,000 after buying an additional 649 shares in the last quarter. Hedge funds and other institutional investors own 91.14% of the company’s stock.

Insider Buying and Selling

In related news, Director E Scott Urdang sold 4,000 shares of the firm’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 transaction, 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Desiree A. Burke sold 9,804 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 128,352 shares in the company, valued at $6,291,815.04. The trade was a 7.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 48,412 shares of company stock worth $2,282,027 over the last ninety days. 4.26% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

GLPI has been the subject of several research analyst reports. Mizuho increased their price objective on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Scotiabank lifted their target price on Gaming and Leisure Properties from $48.00 to $50.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 10th. Stifel Nicolaus set a $48.50 target price on Gaming and Leisure Properties in a report on Thursday, February 12th. UBS Group reiterated a “buy” rating on shares of Gaming and Leisure Properties in a report on Thursday, January 8th. Finally, JPMorgan Chase & Co. raised shares of Gaming and Leisure Properties from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $52.00 to $53.00 in a research report on Friday, December 12th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $52.32.

Gaming and Leisure Properties Price Performance

NASDAQ GLPI opened at $44.42 on Friday. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $12.58 billion, a PE ratio of 15.26, a price-to-earnings-growth 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 50 day moving average price of $46.61 and a two-hundred day moving average price of $45.40.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 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 for the quarter, compared to analyst estimates of $406.02 million. During the same quarter in the prior year, the business posted $0.95 EPS. Gaming and Leisure Properties’s quarterly revenue 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 predict that Gaming and Leisure Properties, Inc. will post 3.81 earnings per share for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

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