Two Sigma Securities LLC Acquires New Stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI)

Two Sigma Securities LLC purchased a new position in shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,797 shares of the real estate investment trust's stock, valued at approximately $376,000.

A number of other large investors also recently modified their holdings of the company. US Bancorp DE increased its holdings in Gaming and Leisure Properties by 106.2% in the 4th quarter. US Bancorp DE now owns 44,745 shares of the real estate investment trust's stock valued at $2,155,000 after purchasing an additional 23,050 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Gaming and Leisure Properties by 11.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 24,560 shares of the real estate investment trust's stock valued at $1,183,000 after buying an additional 2,498 shares during the period. Aew Capital Management L P lifted its position in Gaming and Leisure Properties by 1,786.5% during the 4th quarter. Aew Capital Management L P now owns 761,600 shares of the real estate investment trust's stock worth $36,679,000 after acquiring an additional 721,230 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Gaming and Leisure Properties in the fourth quarter valued at approximately $49,188,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Gaming and Leisure Properties during the fourth quarter valued at approximately $768,000. 91.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Gaming and Leisure Properties

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 5,000 shares of Gaming and Leisure Properties stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $50.89, for a total transaction of $254,450.00. Following the sale, the director now owns 140,953 shares of the company's stock, valued at $7,173,098.17. The trade was a 3.43 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Matthew Demchyk sold 1,903 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $51.99, for a total value of $98,936.97. Following the transaction, the senior vice president now owns 41,298 shares of the company's stock, valued at $2,147,083.02. This trade represents a 4.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,842 shares of company stock valued at $1,153,961 in the last ninety days. Company insiders own 4.37% of the company's stock.

Gaming and Leisure Properties Stock Performance

Shares of NASDAQ:GLPI traded up $0.01 during trading on Friday, hitting $47.20. 1,617,798 shares of the company traded hands, compared to its average volume of 1,266,194. The company has a quick ratio of 11.35, a current ratio of 11.35 and a debt-to-equity ratio of 1.62. The business's fifty day moving average is $49.32 and its 200-day moving average is $49.25. The stock has a market capitalization of $12.97 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 2.01 and a beta of 0.72. Gaming and Leisure Properties, Inc. has a one year low of $42.86 and a one year high of $52.60.

Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.96 EPS for the quarter, hitting analysts' consensus estimates of $0.96. The firm had revenue of $395.24 million during the quarter, compared to the consensus estimate of $396.27 million. Gaming and Leisure Properties had a return on equity of 17.41% and a net margin of 51.65%. The firm's revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 EPS. As a group, equities analysts predict that Gaming and Leisure Properties, Inc. will post 3.81 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 28th. Investors of record on Friday, March 14th were given a $0.76 dividend. The ex-dividend date was Friday, March 14th. This represents a $3.04 annualized dividend and a yield of 6.44%. Gaming and Leisure Properties's dividend payout ratio is presently 108.19%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Mizuho raised their price target on shares of Gaming and Leisure Properties from $51.00 to $53.00 and gave the company a "neutral" rating in a report on Thursday, April 3rd. Wedbush set a $55.00 price target on Gaming and Leisure Properties in a research note on Monday. Scotiabank lowered their price objective on Gaming and Leisure Properties from $50.00 to $49.00 and set a "sector perform" rating for the company in a research note on Thursday, January 16th. Morgan Stanley lowered Gaming and Leisure Properties from an "overweight" rating to an "equal weight" rating and set a $53.00 target price on the stock. in a research report on Wednesday, January 15th. Finally, Wells Fargo & Company lifted their price target on shares of Gaming and Leisure Properties from $50.00 to $51.00 and gave the stock an "equal weight" rating in a research note on Monday, March 10th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat.com, Gaming and Leisure Properties currently has a consensus rating of "Moderate Buy" and a consensus target price of $54.70.

Gaming and Leisure Properties Company Profile

Gaming & Leisure Properties, Inc engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA.