Yousif Capital Management LLC Trims Stock Holdings in Gaming and Leisure Properties, Inc. $GLPI

Yousif Capital Management LLC decreased its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 1.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 98,596 shares of the real estate investment trust’s stock after selling 1,007 shares during the period. Yousif Capital Management LLC’s holdings in Gaming and Leisure Properties were worth $4,602,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. GF Fund Management CO. LTD. grew its stake in Gaming and Leisure Properties by 4.2% in the 1st quarter. GF Fund Management CO. LTD. now owns 5,197 shares of the real estate investment trust’s stock worth $265,000 after buying an additional 211 shares in the last quarter. TD Private Client Wealth LLC grew its stake in Gaming and Leisure Properties by 64.2% in the 1st quarter. TD Private Client Wealth LLC now owns 545 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 213 shares in the last quarter. Pure Financial Advisors LLC grew its stake in Gaming and Leisure Properties by 2.6% in the 1st quarter. Pure Financial Advisors LLC now owns 8,676 shares of the real estate investment trust’s stock worth $442,000 after buying an additional 221 shares in the last quarter. Woodward Diversified Capital LLC grew its stake in Gaming and Leisure Properties by 5.8% in the 1st quarter. Woodward Diversified Capital LLC now owns 4,402 shares of the real estate investment trust’s stock worth $224,000 after buying an additional 243 shares in the last quarter. Finally, REAP Financial Group LLC lifted its holdings in shares of Gaming and Leisure Properties by 66.0% in the 2nd quarter. REAP Financial Group LLC now owns 664 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 264 shares during the last quarter. Hedge funds and other institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Trading Up 0.3%

NASDAQ:GLPI opened at $44.83 on Thursday. The company has a fifty day moving average of $46.81 and a 200 day moving average of $47.10. Gaming and Leisure Properties, Inc. has a 52 week low of $44.21 and a 52 week high of $52.27. The company has a quick ratio of 7.39, a current ratio of 7.39 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $12.69 billion, a P/E ratio of 17.38, a P/E/G ratio of 9.72 and a beta of 0.74.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $0.96 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.01). Gaming and Leisure Properties had a net margin of 46.32% and a return on equity of 15.43%. The firm had revenue of $394.90 million for the quarter, compared to the consensus estimate of $397.27 million. During the same quarter in the prior year, the company earned $0.94 earnings per share. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2025 guidance at 3.850-3.87 EPS. On average, research analysts predict that Gaming and Leisure Properties, Inc. will post 3.81 earnings per share for the current year.

Gaming and Leisure Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were issued a $0.78 dividend. The ex-dividend date was Friday, September 12th. This represents a $3.12 annualized dividend and a yield of 7.0%. Gaming and Leisure Properties’s dividend payout ratio is 120.93%.

Insider Buying and Selling

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $46.54, for a total value of $139,620.00. Following the completion of the transaction, the director directly owned 133,953 shares in the company, valued at approximately $6,234,172.62. This represents a 2.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 4.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on GLPI. Royal Bank Of Canada lowered their price objective on shares of Gaming and Leisure Properties from $54.00 to $53.00 and set an “outperform” rating for the company in a report on Monday, July 28th. Cantor Fitzgerald began coverage on shares of Gaming and Leisure Properties in a report on Wednesday, October 1st. They issued a “neutral” rating and a $51.00 price objective for the company. Scotiabank boosted their price objective on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the stock a “sector perform” rating in a report on Thursday, August 28th. Stifel Nicolaus lowered shares of Gaming and Leisure Properties from a “buy” rating to a “hold” rating and set a $51.25 price objective for the company. in a report on Monday, July 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Gaming and Leisure Properties in a report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Gaming and Leisure Properties currently has an average rating of “Hold” and a consensus target price of $52.71.

Gaming and Leisure Properties Company Profile

Gaming & Leisure Properties, Inc engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.