Headlands Technologies LLC Grows Holdings in Gaming and Leisure Properties, Inc. $GLPI

Headlands Technologies LLC boosted its position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPIFree Report) by 169.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,689 shares of the real estate investment trust’s stock after buying an additional 46,361 shares during the quarter. Headlands Technologies LLC’s holdings in Gaming and Leisure Properties were worth $3,281,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLPI. SHP Wealth Management acquired a new stake in shares of Gaming and Leisure Properties during the fourth quarter worth approximately $30,000. International Assets Investment Management LLC bought a new position in Gaming and Leisure Properties during the 4th quarter worth approximately $31,000. Essential Partners LLC lifted its holdings in Gaming and Leisure Properties by 38.2% during the 1st quarter. Essential Partners LLC now owns 868 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 240 shares during the last quarter. Blue Trust Inc. acquired a new position in shares of Gaming and Leisure Properties in the 1st quarter worth approximately $40,000. Finally, Persistent Asset Partners Ltd acquired a new position in shares of Gaming and Leisure Properties in the 2nd quarter worth approximately $40,000. 91.14% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Gaming and Leisure Properties

In related news, Director E Scott Urdang sold 3,000 shares of Gaming and Leisure Properties stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total transaction of $144,960.00. Following the completion of the sale, the director owned 127,429 shares of the company’s stock, valued at approximately $6,157,369.28. This trade represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Earl C. Shanks bought 10,000 shares of Gaming and Leisure Properties stock in a transaction on Tuesday, August 18th. The stock was acquired at an average price of $42.24 per share, with a total value of $422,400.00. Following the completion of the purchase, the director directly owned 107,259 shares of the company’s stock, valued at approximately $4,530,620.16. The trade was a 10.28% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 4.11% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on GLPI. Morgan Stanley boosted their price target on Gaming and Leisure Properties from $53.00 to $55.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. Wells Fargo & Company lowered their target price on Gaming and Leisure Properties from $48.00 to $45.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Cantor Fitzgerald cut 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 report on Monday, August 10th. Barclays decreased their target price on shares of Gaming and Leisure Properties from $53.00 to $50.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Finally, Stifel Nicolaus dropped their price target on shares of Gaming and Leisure Properties from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, July 31st. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $49.91.

View Our Latest Stock Analysis on GLPI

Gaming and Leisure Properties Stock Performance

Shares of NASDAQ GLPI opened at $42.56 on Monday. 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 market cap of $12.38 billion, a price-to-earnings ratio of 12.48, a P/E/G ratio of 1.78 and a beta of 0.66. The company has a quick ratio of 4.74, a current ratio of 4.74 and a debt-to-equity ratio of 1.51. The business has a fifty day simple moving average of $44.03 and a 200-day simple moving average of $45.98.

Gaming and Leisure Properties (NASDAQ:GLPIGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80. Gaming and Leisure Properties had a return on equity of 19.17% and a net margin of 59.01%.The firm had revenue of $430.52 million for the quarter, compared to analysts’ expectations of $428.51 million. During the same quarter last year, the business posted $0.96 EPS. Gaming and Leisure Properties’s revenue was up 9.0% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.100-4.120 EPS. Sell-side analysts predict that Gaming and Leisure Properties, Inc. will post 4.03 EPS for the current year.

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.

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Institutional Ownership by Quarter for Gaming and Leisure Properties (NASDAQ:GLPI)

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