Gaming and Leisure Properties, Inc. $GLPI Shares Purchased by Forsta AP Fonden

Forsta AP Fonden increased its stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 18.8% in the 4th quarter, HoldingsChannel reports. The firm owned 120,800 shares of the real estate investment trust’s stock after buying an additional 19,100 shares during the quarter. Forsta AP Fonden’s holdings in Gaming and Leisure Properties were worth $5,399,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new position in shares of Gaming and Leisure Properties during the 4th quarter worth approximately $29,000. International Assets Investment Management LLC acquired a new position in shares of Gaming and Leisure Properties during the 4th quarter worth approximately $31,000. True Wealth Design LLC raised its holdings in Gaming and Leisure Properties by 238.3% in the 4th quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 610 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in Gaming and Leisure Properties by 107.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 887 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 460 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Gaming and Leisure Properties by 48.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,212 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 394 shares during the last quarter. 91.14% of the stock is currently owned by institutional investors and hedge funds.

Gaming and Leisure Properties Stock Down 0.4%

Shares of Gaming and Leisure Properties stock opened at $46.80 on Tuesday. The company has a fifty day moving average price of $46.72 and a 200 day moving average price of $45.88. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.62. Gaming and Leisure Properties, Inc. has a twelve month low of $41.17 and a twelve month high of $49.95. The stock has a market cap of $13.26 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 2.03 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 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 firm had revenue of $419.99 million for the quarter, compared to analyst estimates of $417.15 million. During the same quarter in the previous year, the business posted $0.96 EPS. The firm’s 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. Equities research analysts forecast that Gaming and Leisure Properties, Inc. will post 4 earnings per share 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 issued a $0.82 dividend. The ex-dividend date is Friday, June 12th. This represents a $3.28 dividend on an annualized basis and a yield of 7.0%. This is an increase from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 99.05%.

Wall Street Analyst Weigh In

GLPI has been the subject of several analyst reports. Mizuho boosted their price target on Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Weiss Ratings upgraded Gaming and Leisure Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 15th. Scotiabank boosted their price target on Gaming and Leisure Properties from $50.00 to $52.00 and gave the company a “sector perform” rating in a report on Tuesday, May 12th. Barclays boosted their price target on Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada boosted their price target on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Monday, February 23rd. Six investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Gaming and Leisure Properties presently has an average rating of “Moderate Buy” and a consensus price target of $52.89.

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.