Nykredit A S Makes New $1.12 Million Investment in Gaming and Leisure Properties, Inc. $GLPI

Key Points

• Nykredit A/S acquired 25,258 GLPI shares worth approximately $1.12 million in the second quarter. Institutional investors and hedge funds collectively own 91.14% of Gaming and Leisure Properties.
• GLPI reported quarterly revenue of $430.52 million, up 9% year over year, while earnings per share of $0.80 matched analyst expectations. The company guided to fiscal 2026 EPS of $4.10–$4.12.
• The REIT declared a quarterly dividend of $0.82 per share, equivalent to an annualized $3.28 payout and a 7.8% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $49.27.

Nykredit A S acquired a new stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,258 shares of the real estate investment trust's stock, valued at approximately $1,125,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Gaming and Leisure Properties in the 2nd quarter worth about $1,596,811,000. State Street Corp increased its position in shares of Gaming and Leisure Properties by 1.2% during the 4th quarter. State Street Corp now owns 12,893,098 shares of the real estate investment trust's stock worth $576,193,000 after purchasing an additional 147,683 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Gaming and Leisure Properties by 1.7% during the 4th quarter. Wellington Management Group LLP now owns 11,592,034 shares of the real estate investment trust's stock valued at $518,048,000 after purchasing an additional 198,582 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Gaming and Leisure Properties by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 7,682,453 shares of the real estate investment trust's stock valued at $342,677,000 after purchasing an additional 258,596 shares during the last quarter. Finally, Cohen & Steers Inc. acquired a new position in Gaming and Leisure Properties in the fourth quarter valued at about $313,242,000. Institutional investors and hedge funds own 91.14% of the company's stock.

Gaming and Leisure Properties Price Performance

GLPI opened at $41.92 on Tuesday. Gaming and Leisure Properties, Inc. has a one year low of $41.17 and a one year high of $49.95. The company has a debt-to-equity ratio of 1.51, a current ratio of 4.74 and a quick ratio of 4.74. The company's 50 day simple moving average is $43.66 and its 200-day simple moving average is $45.79. The stock has a market capitalization of $12.20 billion, a P/E ratio of 12.29, a price-to-earnings-growth ratio of 1.75 and a beta of 0.65.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share for the quarter, hitting 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 analysts' expectations of $428.51 million. During the same quarter in the previous year, the company posted $0.96 EPS. Gaming and Leisure Properties'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. Sell-side analysts anticipate that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current fiscal year.

Gaming and Leisure Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a dividend of $0.82 per share. The ex-dividend date is Friday, September 11th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 7.8%. Gaming and Leisure Properties's payout ratio is presently 96.19%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on GLPI shares. Weiss Ratings cut shares of Gaming and Leisure Properties from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, August 12th. 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 report on Monday, July 6th. UBS Group set a $49.00 price target on Gaming and Leisure Properties in a research report on Thursday, June 18th. Wells Fargo & Company dropped their price target on Gaming and Leisure Properties from $45.00 to $43.00 and set an "equal weight" rating for the company in a report on Tuesday, September 1st. Finally, JPMorgan Chase & Co. cut their price objective on Gaming and Leisure Properties from $53.00 to $51.00 and set an "overweight" rating for the company in a research report on Tuesday, June 30th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $49.27.

Insider Buying and Selling at Gaming and Leisure Properties

In other news, Director E. 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 transaction of $144,960.00. Following the transaction, the director owned 127,429 shares of the company's stock, valued at $6,157,369.28. This represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Earl C. Shanks purchased 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average price of $42.24 per share, for a total transaction of $422,400.00. Following the acquisition, the director owned 107,259 shares of the company's stock, valued at $4,530,620.16. The trade was a 10.28% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 4.11% of the company's stock.

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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