Headlands Technologies LLC Boosts Stock Position in Gaming and Leisure Properties, Inc. $GLPI

Key Points

• Headlands Technologies increased its GLPI stake by 169.6% in the second quarter, adding 46,361 shares for a total position of 73,689 shares valued at $3.28 million. Institutional investors and hedge funds collectively own 91.14% of the stock.
• Gaming and Leisure Properties reported quarterly revenue of $430.52 million, up 9% year over year, while adjusted earnings of $0.80 per share matched analyst expectations. The company issued fiscal 2026 EPS guidance of $4.10–$4.12.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $49.91 versus the stock’s recent price of $42.56; insider activity was mixed, including a director’s purchase of 10,000 shares and another director’s sale of 3,000 shares.

Headlands Technologies LLC increased its stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) by 169.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 73,689 shares of the real estate investment trust's stock after buying an additional 46,361 shares during the quarter. Headlands Technologies LLC's holdings in Gaming and Leisure Properties were worth $3,281,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new stake in Gaming and Leisure Properties during the fourth quarter worth $30,000. International Assets Investment Management LLC acquired a new position in Gaming and Leisure Properties during the 4th quarter worth about $31,000. Essential Partners LLC lifted its position in shares of Gaming and Leisure Properties by 38.2% during the first 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. purchased a new position in shares of Gaming and Leisure Properties in the first quarter valued at approximately $40,000. Finally, Persistent Asset Partners Ltd purchased a new position in Gaming and Leisure Properties in the 2nd quarter valued at approximately $40,000. 91.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of the company's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the transaction, the director directly owned 127,429 shares in the company, valued at approximately $6,157,369.28. This represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Earl C. Shanks acquired 10,000 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were bought at an average cost of $42.24 per share, with a total value of $422,400.00. Following the purchase, the director owned 107,259 shares in the company, valued at approximately $4,530,620.16. The trade was a 10.28% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 4.11% of the company's stock.

Gaming and Leisure Properties Stock Performance

NASDAQ:GLPI opened at $42.56 on Monday. The company has a market capitalization of $12.38 billion, a PE ratio of 12.48, a price-to-earnings-growth ratio of 1.78 and a beta of 0.66. The company has a quick ratio of 4.74, a current ratio of 4.74 and a debt-to-equity ratio of 1.51. Gaming and Leisure Properties, Inc. has a 52-week low of $41.17 and a 52-week high of $49.95. The stock has a fifty day simple moving average of $44.03 and a 200-day simple moving average of $45.98.

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

Analysts Set New Price Targets

A number of brokerages recently issued reports on GLPI. JPMorgan Chase & Co. decreased their price target 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. Morgan Stanley upped their target price on shares of Gaming and Leisure Properties from $53.00 to $55.00 and gave the company an "equal weight" rating in a report on Monday, July 6th. Scotiabank boosted their target price on Gaming and Leisure Properties from $49.00 to $50.00 and gave the company a "sector perform" rating in a report on Thursday, August 13th. Stifel Nicolaus cut their price target on shares of Gaming and Leisure Properties from $50.00 to $49.00 and set a "hold" rating for the company in a report on Friday, July 31st. Finally, Raymond James Financial reaffirmed an "outperform" rating and issued a $47.00 target price on shares of Gaming and Leisure Properties in a report on Thursday, August 13th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Gaming and Leisure Properties presently has a consensus rating of "Moderate Buy" and a consensus price target of $49.91.

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.

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