Polaris Capital Management LLC Has $22.58 Million Stake in Gaming and Leisure Properties, Inc. $GLPI

Key Points

• Polaris Capital Management LLC trimmed its stake in Gaming and Leisure Properties by 11.4% in Q4 to 505,300 shares, a holding valued at approximately $22.58 million.
• Record Q1: GLPI reported $420.0M in revenue and GAAP EPS of $0.82, both beating estimates, and raised FY‑2026 EPS guidance to $4.080–$4.120, above consensus.
• Dividend and insider activity: The REIT pays a $0.78 quarterly dividend (annualized $3.12, yield 6.6%) with a payout ratio near 99%, and insiders sold 32,178 shares in the last quarter (insiders own 4.26%).

Polaris Capital Management LLC lowered its stake in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) by 11.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 505,300 shares of the real estate investment trust's stock after selling 65,300 shares during the period. Polaris Capital Management LLC owned approximately 0.18% of Gaming and Leisure Properties worth $22,582,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Rakuten Investment Management Inc. acquired a new position in shares of Gaming and Leisure Properties during the third quarter valued at about $1,162,000. Sumitomo Mitsui Trust Group Inc. raised its position in shares of 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 buying an additional 124,745 shares during the last quarter. National Pension Service raised its position in shares of Gaming and Leisure Properties by 26.6% during the third quarter. National Pension Service now owns 273,012 shares of the real estate investment trust's stock valued at $12,725,000 after buying an additional 57,282 shares during the last quarter. Lighthouse Investment Partners LLC acquired a new position in shares of Gaming and Leisure Properties during the third quarter valued at about $10,117,000. Finally, Raiffeisen Bank International AG acquired a new position in shares of Gaming and Leisure Properties during the third quarter valued at about $703,000. Institutional investors and hedge funds own 91.14% of the company's stock.

More Gaming and Leisure Properties News

Here are the key news stories impacting Gaming and Leisure Properties this week:

• Positive Sentiment: Record Q1 results: GLPI reported revenue of $420.0M (up ~6.3% y/y) and GAAP EPS of $0.82, both topping Street estimates — the company called the quarter a record. Gaming and Leisure Properties Reports Record First Quarter 2026 Results and Increases 2026 Full Year Guidance
• Positive Sentiment: Raised FY‑2026 earnings guidance: Management lifted EPS guidance to $4.080–$4.120, above consensus (~$3.98–3.99), signaling confidence in underlying cash flow and rent coverage. View Press Release
• Positive Sentiment: FFO beat: Funds from operations came in at $1.02/share vs. the Zacks consensus of $1.01 and $0.96 a year ago, supporting the REIT’s distribution coverage and payout outlook. Gaming and Leisure Properties (GLPI) Q1 FFO and Revenues Beat Estimates
• Neutral Sentiment: Earnings call transcript available for detail on drivers and capital allocation — investors should review management comments on portfolio performance, rent escalators, and M&A or capital return plans. Gaming and Leisure Properties, Inc. (GLPI) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst/preview coverage flagged the company’s exposure to Bally’s-related assets (the “Bally’s bet”), which remains a focus for investors evaluating growth vs. concentration risk. Impact depends on operational performance and lease terms. Gaming & Leisure Properties set to report: Bally’s bet in focus
• Negative Sentiment: GAAP EPS declined y/y (from $0.96 to $0.82) despite the beat — some investors may be cautious until growth and margin trends prove sustainable. Gaming and Leisure Properties: Q1 Earnings Snapshot

Insiders Place Their Bets

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 4,000 shares of the company's stock in a transaction on 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. This represents a 2.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Brandon John Moore sold 16,884 shares of the company's stock in a transaction 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 transaction, the chief operating officer directly owned 257,874 shares in the company, valued at approximately $12,390,845.70. This represents a 6.15% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 32,178 shares of company stock valued at $1,552,938. 4.26% of the stock is currently owned by corporate insiders.

Gaming and Leisure Properties Price Performance

Shares of Gaming and Leisure Properties stock opened at $47.31 on Friday. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $13.40 billion, a price-to-earnings ratio of 15.02, a P/E/G ratio of 2.07 and a beta of 0.68. Gaming and Leisure Properties, Inc. has a 1-year low of $41.17 and a 1-year high of $49.95. The firm's 50-day moving average price is $46.98 and its two-hundred day moving average price is $45.40.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.06. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.12%. The firm had revenue of $419.99 million for the quarter, compared to analysts' expectations of $417.15 million. During the same period in the prior year, the firm earned $0.96 earnings per share. The company's quarterly 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. On average, equities analysts predict that Gaming and Leisure Properties, Inc. will post 3.99 earnings per share for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.12 annualized dividend and a yield of 6.6%. Gaming and Leisure Properties's dividend payout ratio is currently 99.05%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Gaming and Leisure Properties in a research report on Thursday, January 22nd. Royal Bank Of Canada increased their price target on shares of Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an "outperform" rating in a research report on Monday, February 23rd. Scotiabank increased their price target on shares of Gaming and Leisure Properties from $48.00 to $50.00 and gave the stock a "sector perform" rating in a research report on Tuesday, March 10th. Barclays increased their price target on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an "overweight" rating in a research report on Tuesday. Finally, Stifel Nicolaus set a $50.00 price target on shares of Gaming and Leisure Properties in a research report on Friday. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, Gaming and Leisure Properties presently has an average rating of "Moderate Buy" and an average price target of $52.55.

About Gaming and Leisure Properties

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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