Oak Thistle LLC Takes Position in Gaming and Leisure Properties, Inc. $GLPI

Key Points

• Oak Thistle LLC opened a new position in Gaming and Leisure Properties (NASDAQ: GLPI) in Q4, buying 52,158 shares worth about $2.33 million.
• GLPI beat quarterly estimates with $0.99 EPS and $407.0M revenue, set FY‑2026 guidance of 4.060–4.110 EPS, and trades at a market cap of $13.01 billion with a P/E of 15.78.
• The REIT pays a $0.78 quarterly dividend ($3.12 annual) for a 6.8% yield

Oak Thistle LLC bought a new stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 52,158 shares of the real estate investment trust's stock, valued at approximately $2,331,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Spire Wealth Management boosted its holdings in shares of Gaming and Leisure Properties by 62.3% in the third quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust's stock valued at $29,000 after acquiring an additional 238 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Gaming and Leisure Properties by 89.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 309 shares in the last quarter. Quent Capital LLC acquired a new stake in shares of Gaming and Leisure Properties in the third quarter valued at about $31,000. Bayforest Capital Ltd lifted its stake in shares of Gaming and Leisure Properties by 412.1% in the third 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 period. Finally, True Wealth Design LLC lifted its stake in shares of Gaming and Leisure Properties by 238.3% in the fourth quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 610 shares during the period. Hedge funds and other institutional investors own 91.14% of the company's stock.

Gaming and Leisure Properties Stock Up 1.7%

Shares of NASDAQ GLPI opened at $45.93 on Wednesday. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $13.01 billion, a price-to-earnings ratio of 15.78, a price-to-earnings-growth ratio of 1.98 and a beta of 0.68. The firm has a 50-day moving average price of $46.61 and a 200 day moving average price of $45.35. Gaming and Leisure Properties, Inc. has a 52 week low of $41.17 and a 52 week high of $50.31.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last announced its earnings results on Thursday, February 19th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. The company had revenue of $407.03 million during the quarter, compared to analysts' expectations of $406.02 million. Gaming and Leisure Properties had a net margin of 52.24% and a return on equity of 17.10%. The firm's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.95 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.060-4.110 EPS. Equities research analysts anticipate that Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current fiscal 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 was Friday, March 13th. This represents a $3.12 dividend on an annualized basis and a yield of 6.8%. Gaming and Leisure Properties's payout ratio is presently 107.22%.

Analyst Upgrades and Downgrades

Several analysts recently commented on GLPI shares. JPMorgan Chase & Co. upgraded shares of Gaming and Leisure Properties from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $52.00 to $53.00 in a research note on Friday, December 12th. Mizuho raised their price objective on shares of 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. Barclays reduced their price objective on shares of 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. Morgan Stanley raised their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an "equal weight" rating in a research note on Wednesday, December 24th. Finally, Royal Bank Of Canada raised their price objective on shares of 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. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $52.32.

Insiders Place Their Bets

In other Gaming and Leisure Properties news, CFO Desiree A. Burke sold 9,804 shares of Gaming and Leisure Properties 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 completion of the transaction, the chief financial officer owned 128,352 shares in the company, valued at approximately $6,291,815.04. The trade was a 7.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director E Scott Urdang sold 4,000 shares of Gaming and Leisure Properties stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $47.37, for a total transaction of $189,480.00. Following the transaction, the director owned 130,429 shares of the company's stock, valued at approximately $6,178,421.73. The trade was a 2.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 32,178 shares of company stock worth $1,552,938. Insiders own 4.26% 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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