Edgestream Partners L.P. Boosts Holdings in Gaming and Leisure Properties, Inc. $GLPI

Edgestream Partners L.P. grew its position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 11.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 153,596 shares of the real estate investment trust’s stock after purchasing an additional 15,756 shares during the quarter. Edgestream Partners L.P. owned about 0.05% of Gaming and Leisure Properties worth $6,815,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in GLPI. V Square Quantitative Management LLC acquired a new stake in shares of Gaming and Leisure Properties in the 4th quarter worth $29,000. SHP Wealth Management acquired a new position in Gaming and Leisure Properties during the 4th quarter valued at about $30,000. International Assets Investment Management LLC purchased a new stake in Gaming and Leisure Properties in the fourth quarter valued at about $31,000. Blue Trust Inc. purchased a new stake in Gaming and Leisure Properties in the first quarter valued at about $40,000. Finally, Monetary Solutions Ltd acquired a new stake in Gaming and Leisure Properties in the fourth quarter worth about $53,000. 91.14% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Gaming and Leisure Properties

Here are the key news stories impacting Gaming and Leisure Properties this week:

• Positive Sentiment: GLPI reported record second-quarter results. Revenue rose 9% year over year to $430.52 million, exceeding the $428.51 million consensus estimate, while reported EPS of $1.03 surpassed analysts’ $0.80 expectation. MarketBeat earnings report
• Positive Sentiment: Funds from operations, a key REIT performance measure, increased to $1.03 per share from $0.96 a year earlier and exceeded the Zacks consensus estimate of $1.02. Zacks FFO report
• Positive Sentiment: The company raised its 2026 EPS guidance to $4.10-$4.12, above the $4.01 analyst consensus, signaling confidence in full-year earnings. Business Insider guidance report
• Neutral Sentiment: The earnings preview and subsequent results releases largely reiterated the same quarterly performance and guidance information; no significant new adverse operational development was identified in the supplied coverage. Q2 earnings preview

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GLPI. Stifel Nicolaus set a $50.00 price objective on shares of Gaming and Leisure Properties in a report on Friday, April 24th. JPMorgan Chase & Co. lowered their target price on shares of Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating for the company in a research note on Tuesday, June 30th. Scotiabank dropped their target price on shares of Gaming and Leisure Properties from $52.00 to $49.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Morgan Stanley upped their price target on shares of Gaming and Leisure Properties from $53.00 to $55.00 and gave the company an “equal weight” rating in a research note on Monday, July 6th. Finally, Weiss Ratings upgraded shares of Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $50.50.

Insider Activity at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following the completion of the transaction, the director owned 127,429 shares of the company’s stock, valued at $6,157,369.28. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.11% of the stock is owned by company insiders.

Gaming and Leisure Properties Trading Down 2.8%

Gaming and Leisure Properties stock opened at $44.71 on Friday. The stock has a 50-day moving average price of $45.51 and a 200 day moving average price of $46.27. The company has a market capitalization of $12.67 billion, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 2.03 and a beta of 0.66. 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 quick ratio of 6.29, a current ratio of 6.29 and a debt-to-equity ratio of 1.62.

Gaming and Leisure Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 7.3%. The ex-dividend date was 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 dividend payout ratio (DPR) is presently 104.13%.

About Gaming and Leisure Properties

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.