Algert Global LLC Sells 136,450 Shares of Gaming and Leisure Properties, Inc. $GLPI

Key Points

• Algert Global LLC cut its GLPI position by 83.3% in the second quarter, selling 136,450 shares and retaining 27,340 shares valued at approximately $1.22 million.
• GLPI reported quarterly EPS of $0.80, in line with estimates, while revenue rose 9% year over year to $430.52 million. The company issued fiscal 2026 EPS guidance of $4.10–$4.12.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $49.91 versus a recent share price of $42.56; insider activity was mixed, including a director’s purchase of 10,000 shares.

Algert Global LLC lowered its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) by 83.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,340 shares of the real estate investment trust's stock after selling 136,450 shares during the quarter. Algert Global LLC's holdings in Gaming and Leisure Properties were worth $1,217,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of GLPI. SHP Wealth Management acquired a new stake in shares of Gaming and Leisure Properties in the 4th quarter worth about $30,000. International Assets Investment Management LLC acquired a new position in Gaming and Leisure Properties during the 4th quarter valued at about $31,000. Essential Partners LLC increased its holdings in Gaming and Leisure Properties by 38.2% during the 1st quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust's stock worth $39,000 after purchasing an additional 240 shares in the last quarter. Blue Trust Inc. bought a new stake in Gaming and Leisure Properties during the 1st quarter worth approximately $40,000. Finally, Persistent Asset Partners Ltd purchased a new stake in shares of Gaming and Leisure Properties in the second quarter worth approximately $40,000. Institutional investors own 91.14% of the company's stock.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ GLPI opened at $42.56 on Friday. The company has a current ratio of 4.74, a quick ratio of 4.74 and a debt-to-equity ratio of 1.51. The stock has a fifty day simple moving average of $44.03 and a two-hundred day simple moving average of $45.98. Gaming and Leisure Properties, Inc. has a 1-year low of $41.17 and a 1-year high of $49.95. The firm has a market cap of $12.38 billion, a price-to-earnings ratio of 12.48, a price-to-earnings-growth ratio of 1.78 and a beta of 0.66.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.80. Gaming and Leisure Properties had a return on equity of 19.17% and a net margin of 59.01%.The firm had revenue of $430.52 million for the quarter, compared to analyst estimates of $428.51 million. During the same period in the previous year, the company posted $0.96 earnings per share. The business's 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. Analysts anticipate that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current year.

Insider Transactions at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director Earl C. Shanks purchased 10,000 shares of the stock in a transaction dated Tuesday, August 18th. The shares were bought at an average price of $42.24 per share, with a total value of $422,400.00. Following the completion of the transaction, the director directly owned 107,259 shares in the company, valued at approximately $4,530,620.16. This trade represents a 10.28% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director E Scott Urdang sold 3,000 shares of the company'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 transaction of $144,960.00. Following the sale, the director owned 127,429 shares in the company, valued at $6,157,369.28. The trade was a 2.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.11% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Royal Bank Of Canada decreased their price objective on shares of Gaming and Leisure Properties from $54.00 to $52.00 and set an "outperform" rating for the company in a research note on Monday, August 3rd. Morgan Stanley boosted their target price on Gaming and Leisure Properties from $53.00 to $55.00 and gave the stock an "equal weight" rating in a research note on Monday, July 6th. Cantor Fitzgerald reduced their target price on Gaming and Leisure Properties from $52.00 to $48.00 and set a "neutral" rating for the company in a report on Monday, August 10th. Weiss Ratings downgraded Gaming and Leisure Properties from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Finally, Scotiabank lifted their price target on Gaming and Leisure Properties from $49.00 to $50.00 and gave the stock a "sector perform" rating in a report on Thursday, August 13th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $49.91.

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.

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