Gaming and Leisure Properties, Inc. $GLPI Shares Sold by UBS Group AG

Key Points

• UBS Group AG cut its stake in Gaming and Leisure Properties by 30.1% in Q4, selling 669,977 shares and retaining 1,558,254 shares (about $69.64M, ~0.55% of the company) at quarter-end.
• GLPI topped quarterly estimates with $0.82 EPS on ~$420M revenue, set FY2026 guidance of 4.080–4.120 EPS, and pays a quarterly dividend that annualizes to $3.12 for a 6.6% yield with a 99.05% payout ratio.
• Institutional ownership is high at 91.14%, insiders sold 32,178 shares in the last quarter, and analysts are mixed with an average rating of "Moderate Buy" and an average price target of $52.30.

UBS Group AG cut its holdings in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) by 30.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,558,254 shares of the real estate investment trust's stock after selling 669,977 shares during the quarter. UBS Group AG owned about 0.55% of Gaming and Leisure Properties worth $69,638,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Rakuten Investment Management Inc. bought a new stake in Gaming and Leisure Properties during the third quarter valued at approximately $1,162,000. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Gaming and Leisure Properties by 6.7% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,998,574 shares of the real estate investment trust's stock worth $93,154,000 after purchasing an additional 124,745 shares during the period. National Pension Service boosted its position in shares of Gaming and Leisure Properties by 26.6% in the third quarter. National Pension Service now owns 273,012 shares of the real estate investment trust's stock worth $12,725,000 after purchasing an additional 57,282 shares during the period. Lighthouse Investment Partners LLC bought a new position in shares of Gaming and Leisure Properties in the third quarter worth approximately $10,117,000. Finally, Raiffeisen Bank International AG bought a new position in shares of Gaming and Leisure Properties in the third quarter worth approximately $703,000. 91.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Royal Bank Of Canada upped their price target on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an "outperform" rating in a research report on Monday, February 23rd. Scotiabank upped their target price on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the stock a "sector perform" rating in a research report on Tuesday, March 10th. Mizuho upped their target price on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 11th. Barclays upped their target price on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 21st. Finally, UBS Group restated a "buy" rating on shares of Gaming and Leisure Properties in a research report on Thursday, January 8th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $52.30.

Insider Buying and Selling at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, CFO Desiree A. Burke sold 9,804 shares of the firm's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $49.02, for a total transaction of $480,592.08. Following the transaction, the chief financial officer owned 128,352 shares of the company's stock, valued at approximately $6,291,815.04. This trade represents a 7.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director E Scott Urdang sold 4,000 shares of the firm's stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $47.37, for a total transaction of $189,480.00. Following the transaction, the director directly owned 130,429 shares in the company, valued at $6,178,421.73. This trade represents a 2.98% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 32,178 shares of company stock valued at $1,552,938. Company insiders own 4.11% of the company's stock.

Gaming and Leisure Properties Price Performance

Gaming and Leisure Properties stock opened at $47.32 on Tuesday. The firm has a 50-day moving average price of $47.06 and a 200-day moving average price of $45.49. The firm has a market capitalization of $13.41 billion, a PE ratio of 15.02, a price-to-earnings-growth ratio of 2.07 and a beta of 0.68. 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 12-month low of $41.17 and a 12-month high of $49.95.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. The company had revenue of $419.99 million for the quarter, compared to the consensus estimate of $417.15 million. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. The firm's revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.96 EPS. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. As a group, equities research analysts forecast that Gaming and Leisure Properties, Inc. will post 3.99 EPS for the current year.

Gaming and Leisure Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a dividend of $0.78 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.12 dividend on an annualized basis and a yield of 6.6%. Gaming and Leisure Properties's dividend payout ratio (DPR) is 99.05%.

Gaming and Leisure Properties 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.