Mitsubishi UFJ Trust & Banking Corp Sells 52,917 Shares of Gaming and Leisure Properties, Inc. $GLPI

Key Points

• Mitsubishi UFJ Trust & Banking Corp reduced its stake in Gaming and Leisure Properties by 25.6%, selling 52,917 shares in Q4 and now holding 153,700 shares (about 0.05% of GLPI) worth roughly $6.87 million.
• GLPI topped quarterly estimates with $0.82 EPS (vs. $0.76 expected) and ~$420M revenue, set FY2026 guidance of 4.080–4.120 EPS, and pays a quarterly dividend of $0.78 (annualized 6.5% yield) with a ~99% payout ratio.
• Analysts have a consensus rating of Moderate Buy with a $52.30 target, institutional ownership is high at 91.14%, and insiders have sold 32,178 shares in the past 90 days (insiders own 4.26%).

Mitsubishi UFJ Trust & Banking Corp lessened its stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) by 25.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 153,700 shares of the real estate investment trust's stock after selling 52,917 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.05% of Gaming and Leisure Properties worth $6,869,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Rakuten Investment Management Inc. bought a new position in Gaming and Leisure Properties in the 3rd quarter worth $1,162,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in Gaming and Leisure Properties by 6.7% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,998,574 shares of the real estate investment trust's stock valued at $93,154,000 after purchasing an additional 124,745 shares during the period. National Pension Service increased its position in 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 buying an additional 57,282 shares in the last quarter. Lighthouse Investment Partners LLC bought a new position in shares of Gaming and Leisure Properties in the third quarter worth about $10,117,000. Finally, Raiffeisen Bank International AG bought a new position in shares of Gaming and Leisure Properties in the third quarter worth about $703,000. 91.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on GLPI. UBS Group reiterated a "buy" rating on shares of Gaming and Leisure Properties in a research note on Thursday, January 8th. Royal Bank Of Canada raised their target price on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an "outperform" rating in a research note on Monday, February 23rd. Barclays lifted their price target on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an "overweight" rating in a report on Tuesday, April 21st. Mizuho increased their price objective on shares of Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 11th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Gaming and Leisure Properties in a research report on Thursday, January 22nd. 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, Gaming and Leisure Properties currently has a consensus rating of "Moderate Buy" and a consensus target price of $52.30.

Gaming and Leisure Properties Stock Performance

NASDAQ:GLPI opened at $47.76 on Friday. The stock has a 50-day moving average price of $47.06 and a 200 day moving average price of $45.49. The stock has a market capitalization of $13.54 billion, a P/E ratio of 15.16, a P/E/G ratio of 2.07 and a beta of 0.68. Gaming and Leisure Properties, Inc. has a 12-month low of $41.17 and a 12-month high of $49.95. 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 (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 analysts' consensus estimates of $0.76 by $0.06. Gaming and Leisure Properties had a return on equity of 18.06% and a net margin of 55.56%.The company had revenue of $419.99 million for the quarter, compared to analysts' expectations of $417.15 million. During the same period in the previous year, the firm earned $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 3.99 EPS for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were given a dividend of $0.78 per share. The ex-dividend date was Friday, March 13th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 6.5%. Gaming and Leisure Properties's dividend payout ratio is currently 99.05%.

Insider Activity at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 4,000 shares of the firm's stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $47.37, for a total transaction of $189,480.00. Following the completion of the transaction, the director directly owned 130,429 shares of the company's stock, valued at approximately $6,178,421.73. This trade represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Brandon John Moore sold 16,884 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total transaction 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 position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 32,178 shares of company stock valued at $1,552,938. Corporate insiders own 4.26% of the company's stock.

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.

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