Public Employees Retirement System of Ohio Purchases New Shares in Gaming and Leisure Properties, Inc. $GLPI

Key Points

• Public Employees Retirement System of Ohio acquired 403,876 GLPI shares worth approximately $18.0 million, while institutional investors collectively own 91.14% of the REIT.
• GLPI reported quarterly EPS of $0.80, in line with estimates, and revenue of $430.52 million, up 9% year over year and above expectations. The company issued fiscal 2026 EPS guidance of $4.10–$4.12.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $49.91, compared with the stock’s reported price of $42.56; an insider director also purchased 10,000 shares.

Public Employees Retirement System of Ohio acquired a new position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 403,876 shares of the real estate investment trust's stock, valued at approximately $17,985,000. Public Employees Retirement System of Ohio owned 0.14% of Gaming and Leisure Properties at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. First Trust Advisors LP increased its holdings in shares of Gaming and Leisure Properties by 78.7% during the second quarter. First Trust Advisors LP now owns 283,963 shares of the real estate investment trust's stock worth $13,255,000 after purchasing an additional 125,098 shares during the period. Cerity Partners LLC grew its holdings in shares of Gaming and Leisure Properties by 18.6% during the 2nd quarter. Cerity Partners LLC now owns 10,233 shares of the real estate investment trust's stock worth $478,000 after purchasing an additional 1,608 shares in the last quarter. Bank of Nova Scotia increased its position in shares of Gaming and Leisure Properties by 16.6% in the second quarter. Bank of Nova Scotia now owns 18,603 shares of the real estate investment trust's stock worth $868,000 after purchasing an additional 2,646 shares during the period. AXA S.A. lifted its holdings in shares of Gaming and Leisure Properties by 478.5% during the 2nd quarter. AXA S.A. now owns 39,543 shares of the real estate investment trust's stock worth $1,846,000 after acquiring an additional 32,708 shares during the period. Finally, Squarepoint Ops LLC increased its stake in shares of Gaming and Leisure Properties by 276.2% in the 2nd quarter. Squarepoint Ops LLC now owns 70,459 shares of the real estate investment trust's stock valued at $3,289,000 after purchasing an additional 51,731 shares during the last quarter. Institutional investors and hedge funds own 91.14% of the company's stock.

Gaming and Leisure Properties Price Performance

Gaming and Leisure Properties stock opened at $42.56 on Friday. The stock has a market capitalization of $12.38 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 1.78 and a beta of 0.66. Gaming and Leisure Properties, Inc. has a 52-week low of $41.17 and a 52-week high of $49.95. The company has a debt-to-equity ratio of 1.51, a quick ratio of 4.74 and a current ratio of 4.74. The stock's 50 day moving average price is $44.03 and its two-hundred day moving average price is $45.98.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.80. The company had revenue of $430.52 million for the quarter, compared to the consensus estimate of $428.51 million. Gaming and Leisure Properties had a net margin of 59.01% and a return on equity of 19.17%. Gaming and Leisure Properties's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.96 EPS. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. On average, equities analysts predict that Gaming and Leisure Properties, Inc. will post 4.03 earnings per share for the current year.

Insider Buying and Selling at Gaming and Leisure Properties

In related news, Director Earl C. Shanks acquired 10,000 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were purchased at an average price of $42.24 per share, for a total transaction of $422,400.00. Following the completion of the acquisition, the director owned 107,259 shares of the company's stock, valued at approximately $4,530,620.16. This trade represents a 10.28% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director E Scott Urdang sold 3,000 shares of the stock in a transaction dated 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 directly owned 127,429 shares in the company, valued at $6,157,369.28. This trade represents a 2.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 4.11% of the company's stock.

Wall Street Analysts Forecast Growth

GLPI has been the topic of a number of research reports. Royal Bank Of Canada reduced their target price on shares of Gaming and Leisure Properties from $54.00 to $52.00 and set an "outperform" rating on the stock in a report on Monday, August 3rd. Morgan Stanley raised their price target on shares of 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. Weiss Ratings downgraded shares of Gaming and Leisure Properties from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Cantor Fitzgerald reduced their price objective on shares of Gaming and Leisure Properties from $52.00 to $48.00 and set a "neutral" rating on the stock in a research note on Monday, August 10th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of 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 equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $49.91.

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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