Vanguard Group Inc. Grows Stake in Gaming and Leisure Properties, Inc. $GLPI

Key Points

• Vanguard increased its GLPI stake by 91,756 shares in Q4 to 37,997,515 shares, representing about 13.43% of the company and roughly $1.70 billion in value, and institutional investors now own about 91.14% of the stock.
• GLPI beat the quarter's estimates with $0.82 EPS (vs. $0.76) and $420M revenue and set FY2026 EPS guidance of 4.080–4.120; the REIT pays a quarterly $0.78 dividend (annualized yield ~6.4%) but has a high payout ratio (~99%), while analysts have a "Moderate Buy" consensus and an average price target of $52.30.

Vanguard Group Inc. lifted its position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,997,515 shares of the real estate investment trust's stock after buying an additional 91,756 shares during the period. Vanguard Group Inc. owned approximately 13.43% of Gaming and Leisure Properties worth $1,698,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Spire Wealth Management raised its holdings in Gaming and Leisure Properties by 62.3% in the 3rd quarter. Spire Wealth Management now owns 620 shares of the real estate investment trust's stock worth $29,000 after purchasing an additional 238 shares during the period. V Square Quantitative Management LLC bought a new position in Gaming and Leisure Properties in the 4th quarter worth $29,000. MassMutual Private Wealth & Trust FSB raised its holdings in Gaming and Leisure Properties by 89.3% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 655 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 309 shares during the period. Quent Capital LLC bought a new position in Gaming and Leisure Properties in the 3rd quarter worth $31,000. Finally, Bayforest Capital Ltd raised its holdings in Gaming and Leisure Properties by 412.1% in the 3rd quarter. Bayforest Capital Ltd now owns 676 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 544 shares during the period. 91.14% of the stock is owned by institutional investors.

Analysts Set New Price Targets

GLPI has been the topic of a number of recent research reports. Royal Bank Of Canada raised their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an "outperform" rating in a report on Monday, February 23rd. Scotiabank raised their target price on Gaming and Leisure Properties from $48.00 to $50.00 and gave the stock a "sector perform" rating in a report on Tuesday, March 10th. UBS Group reaffirmed a "buy" rating on shares of Gaming and Leisure Properties in a report on Thursday, January 8th. Barclays raised their price target on Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an "overweight" rating in a report on Tuesday, April 21st. Finally, Stifel Nicolaus set a $50.00 price target on Gaming and Leisure Properties in a report on Friday, April 24th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, Gaming and Leisure Properties presently has an average rating of "Moderate Buy" and an average price target of $52.30.

Insider Transactions at Gaming and Leisure Properties

In other news, CFO Desiree A. Burke sold 9,804 shares of Gaming and Leisure Properties stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $49.02, for a total value of $480,592.08. Following the sale, the chief financial officer directly owned 128,352 shares of the company's stock, 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 document filed with the SEC, which can be accessed through this hyperlink. Also, COO Brandon John Moore sold 16,884 shares of Gaming and Leisure Properties stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $48.05, for a total value of $811,276.20. Following the completion of the sale, the chief operating officer directly owned 257,874 shares in the company, valued at $12,390,845.70. This trade represents a 6.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 32,178 shares of company stock valued at $1,552,938. 4.26% of the stock is currently owned by insiders.

Gaming and Leisure Properties Trading Up 1.0%

Shares of GLPI stock opened at $48.46 on Friday. 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. The stock's 50-day moving average price is $47.06 and its 200-day moving average price is $45.48. The stock has a market capitalization of $13.73 billion, a price-to-earnings ratio of 15.38, a price-to-earnings-growth ratio of 2.08 and a beta of 0.68.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm 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 posted $0.96 earnings per share. The business'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 predict that Gaming and Leisure Properties, Inc. will post 3.99 EPS for the current fiscal year.

Gaming and Leisure Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were issued a $0.78 dividend. This represents a $3.12 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Friday, March 13th. Gaming and Leisure Properties's payout ratio is 99.05%.

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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