Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 109,700 Shares of Gaming and Leisure Properties, Inc. $GLPI

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 152.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 181,732 shares of the real estate investment trust’s stock after buying an additional 109,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Gaming and Leisure Properties were worth $8,063,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Colonial River Investments LLC grew its position in Gaming and Leisure Properties by 2.1% in the fourth quarter. Colonial River Investments LLC now owns 10,893 shares of the real estate investment trust’s stock worth $487,000 after acquiring an additional 227 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Gaming and Leisure Properties by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 63,319 shares of the real estate investment trust’s stock valued at $2,830,000 after purchasing an additional 237 shares in the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of Gaming and Leisure Properties by 0.9% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 27,307 shares of the real estate investment trust’s stock valued at $1,273,000 after purchasing an additional 245 shares during the last quarter. Gabelli Funds LLC boosted its holdings in Gaming and Leisure Properties by 0.4% in the fourth quarter. Gabelli Funds LLC now owns 64,782 shares of the real estate investment trust’s stock worth $2,895,000 after purchasing an additional 250 shares in the last quarter. Finally, Pure Financial Advisors LLC boosted its holdings in Gaming and Leisure Properties by 2.9% in the fourth quarter. Pure Financial Advisors LLC now owns 8,943 shares of the real estate investment trust’s stock worth $400,000 after purchasing an additional 255 shares in the last quarter. Institutional investors own 91.14% of the company’s stock.

Gaming and Leisure Properties Stock Performance

Shares of NASDAQ:GLPI opened at $43.95 on Monday. The company has a market cap of $12.46 billion, a P/E ratio of 13.95, a P/E/G ratio of 1.89 and a beta of 0.66. The stock’s 50-day moving average is $46.69 and its 200-day moving average is $46.32. 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 1.62, a quick ratio of 6.29 and a current ratio of 6.29.

Gaming and Leisure Properties (NASDAQ:GLPI) last posted its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.82 earnings per share 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 business had revenue of $419.99 million during the quarter, compared to analysts’ expectations of $417.15 million. During the same quarter in the previous year, the firm earned $0.96 EPS. The firm’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 4.01 earnings per share for the current year.

Gaming and Leisure Properties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 7.5%. This is a boost 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 dividend payout ratio is presently 104.13%.

Insider Buying and Selling at Gaming and Leisure Properties

In other news, Director E Scott Urdang sold 3,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the sale, the director directly owned 127,429 shares of the company’s stock, valued at approximately $6,157,369.28. This represents a 2.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.11% of the company’s stock.

Analyst Upgrades and Downgrades

GLPI has been the topic of several recent research reports. Barclays raised their target price 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. UBS Group set a $49.00 price objective on Gaming and Leisure Properties in a report on Thursday, June 18th. Weiss Ratings downgraded Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, June 17th. Stifel Nicolaus set a $50.00 target price on Gaming and Leisure Properties in a report on Friday, April 24th. Finally, Mizuho upped their target price on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Gaming and Leisure Properties has a consensus rating of “Moderate Buy” and an average price target of $52.00.

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.