LDR Capital Management LLC Purchases New Position in Gaming and Leisure Properties, Inc. $GLPI

Key Points

• LDR Capital Management bought a new stake of 53,519 shares of Gaming and Leisure Properties (GLPI) in Q4, valued at about $2.39 million, making GLPI ~3.3% of its holdings and its 10th-largest position.
• GLPI beat quarterly expectations with EPS $0.99 (vs. $0.98 est.) and revenue of $407.03M (+4.5% YoY), and issued FY2026 guidance of 4.060–4.110 EPS while sell-side consensus for the current year is about 3.81 EPS.
• The REIT recently paid a quarterly dividend of $0.78 (annualized $3.12) for a 6.7% yield107%, and insiders have sold roughly 32,178 shares (~$1.55M) over the past three months.

LDR Capital Management LLC purchased a new stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 53,519 shares of the real estate investment trust's stock, valued at approximately $2,392,000. Gaming and Leisure Properties comprises approximately 3.3% of LDR Capital Management LLC's holdings, making the stock its 10th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Spire Wealth Management lifted its stake in shares of Gaming and Leisure Properties by 62.3% in the 3rd quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 238 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Gaming and Leisure Properties in the 4th quarter valued at approximately $29,000. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Gaming and Leisure Properties by 89.3% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 309 shares during the last quarter. Quent Capital LLC bought a new stake in shares of Gaming and Leisure Properties in the 3rd quarter valued at approximately $31,000. Finally, Bayforest Capital Ltd lifted its stake in shares of Gaming and Leisure Properties by 412.1% in the 3rd quarter. Bayforest Capital Ltd now owns 676 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 544 shares during the last quarter. 91.14% of the stock is owned by institutional investors.

Gaming and Leisure Properties Trading Up 0.8%

Shares of NASDAQ GLPI opened at $46.54 on Friday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 3.84 and a current ratio of 3.84. The business's 50 day moving average price is $46.66 and its 200-day moving average price is $45.37. Gaming and Leisure Properties, Inc. has a fifty-two week low of $41.17 and a fifty-two week high of $50.31. The company has a market cap of $13.18 billion, a price-to-earnings ratio of 15.99, a PEG ratio of 2.06 and a beta of 0.68.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. Gaming and Leisure Properties had a return on equity of 17.10% and a net margin of 52.24%.The firm had revenue of $407.03 million for the quarter, compared to the consensus estimate of $406.02 million. During the same period in the prior year, the business posted $0.95 earnings per share. The company's revenue for the quarter was up 4.5% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. On average, sell-side analysts expect that Gaming and Leisure Properties, Inc. will post 3.81 earnings per share for the current year.

Gaming and Leisure Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were issued a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Friday, March 13th. Gaming and Leisure Properties's dividend payout ratio is presently 107.22%.

Insider Transactions at Gaming and Leisure Properties

In other news, Director E Scott Urdang sold 4,000 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $47.37, for a total value of $189,480.00. Following the sale, the director directly owned 130,429 shares in the company, valued at approximately $6,178,421.73. This represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Brandon John Moore sold 16,884 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total value of $811,276.20. Following the completion of the sale, the chief operating officer owned 257,874 shares in the company, valued at approximately $12,390,845.70. The trade was a 6.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 32,178 shares of company stock worth $1,552,938. 4.26% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

GLPI has been the subject of several analyst reports. Stifel Nicolaus set a $48.50 price objective on Gaming and Leisure Properties in a research note on Thursday, February 12th. Royal Bank Of Canada raised their price objective on Gaming and Leisure Properties from $53.00 to $54.00 and gave the company an "outperform" rating in a research note on Monday, February 23rd. Mizuho raised their price objective on Gaming and Leisure Properties from $50.00 to $53.00 and gave the company an "outperform" rating in a research note on Wednesday, March 11th. UBS Group reaffirmed a "buy" rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 8th. Finally, Barclays lowered their price objective on Gaming and Leisure Properties from $53.00 to $52.00 and set an "overweight" rating for the company in a research note on Friday, March 13th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $52.32.

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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