Lasalle Investment Management Securities LLC Has $87.60 Million Stock Holdings in Gaming and Leisure Properties, Inc. $GLPI

Posted by Francis Steltz on Jul 23rd, 2026

Lasalle Investment Management Securities LLC lessened its stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI – Free Report) by 3.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,974,314 shares of the real estate investment trust’s stock after selling 79,006 shares during the quarter. Gaming and Leisure Properties accounts for approximately 3.5% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 8th biggest position. Lasalle Investment Management Securities LLC’s holdings in Gaming and Leisure Properties were worth $87,600,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. State Street Corp grew its position in Gaming and Leisure Properties by 1.2% during the 4th quarter. State Street Corp now owns 12,893,098 shares of the real estate investment trust’s stock valued at $576,193,000 after purchasing an additional 147,683 shares during the last quarter. Wellington Management Group LLP increased its stake in Gaming and Leisure Properties by 1.7% during the 4th quarter. Wellington Management Group LLP now owns 11,592,034 shares of the real estate investment trust’s stock valued at $518,048,000 after purchasing an additional 198,582 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Gaming and Leisure Properties by 7.3% in the fourth quarter. Principal Financial Group Inc. now owns 7,764,876 shares of the real estate investment trust’s stock worth $347,012,000 after buying an additional 525,317 shares during the last quarter. Geode Capital Management LLC raised its holdings in Gaming and Leisure Properties by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 7,682,453 shares of the real estate investment trust’s stock worth $342,677,000 after buying an additional 258,596 shares during the last quarter. Finally, Cohen & Steers Inc. bought a new position in shares of Gaming and Leisure Properties in the fourth quarter worth approximately $313,242,000. Institutional investors own 91.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company cut their price target on shares of Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 15th. Barclays decreased their price objective on shares of Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating for the company in a report on Wednesday. Stifel Nicolaus set a $50.00 price objective on Gaming and Leisure Properties in a research report on Friday, April 24th. Scotiabank cut their target price on Gaming and Leisure Properties from $52.00 to $49.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Finally, JPMorgan Chase & Co. cut their target price on Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 30th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Gaming and Leisure Properties presently has an average rating of “Moderate Buy” and an average target price of $51.27.

Check Out Our Latest Research Report on Gaming and Leisure Properties

Gaming and Leisure Properties Price Performance

GLPI opened at $44.71 on Thursday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.29 and a current ratio of 6.29. The stock has a market capitalization of $12.67 billion, a P/E ratio of 14.19, a P/E/G ratio of 1.97 and a beta of 0.66. The company’s 50-day simple moving average is $45.74 and its two-hundred day simple moving average is $46.25. Gaming and Leisure Properties, Inc. has a 52-week low of $41.17 and a 52-week high of $49.95.

Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. Gaming and Leisure Properties had a net margin of 55.56% and a return on equity of 18.06%. The firm had revenue of $419.99 million during the quarter, compared to analyst estimates of $417.15 million. During the same period in the previous year, the business posted $0.96 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, analysts predict that Gaming and Leisure Properties, Inc. will post 4.01 EPS for the current year.

Gaming and Leisure Properties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 7.3%. This is a positive change from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. The ex-dividend date was Friday, June 12th. Gaming and Leisure Properties’s payout ratio is currently 104.13%.

Insider Transactions at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total value of $144,960.00. Following the sale, the director owned 127,429 shares in the company, valued at approximately $6,157,369.28. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 4.11% of the company’s stock.

Gaming and Leisure Properties Profile

(Free Report)

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.