Hsbc Holdings PLC Has $31.77 Million Stock Position in Gaming and Leisure Properties, Inc. $GLPI

Hsbc Holdings PLC increased its holdings in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 710,101 shares of the real estate investment trust’s stock after acquiring an additional 51,987 shares during the period. Hsbc Holdings PLC’s holdings in Gaming and Leisure Properties were worth $31,770,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new position in Gaming and Leisure Properties during the 4th quarter valued at about $29,000. SHP Wealth Management purchased a new stake in shares of Gaming and Leisure Properties in the fourth quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new stake in shares of Gaming and Leisure Properties during the fourth quarter worth approximately $31,000. True Wealth Design LLC boosted its holdings in shares of Gaming and Leisure Properties by 238.3% during the fourth quarter. True Wealth Design LLC now owns 866 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 610 shares during the period. Finally, Monetary Solutions Ltd purchased a new position in Gaming and Leisure Properties during the fourth quarter valued at approximately $53,000. 91.14% of the stock is currently owned by institutional investors and hedge funds.

Gaming and Leisure Properties Stock Down 0.9%

Shares of Gaming and Leisure Properties stock opened at $43.54 on Tuesday. The firm has a market cap of $12.34 billion, a price-to-earnings ratio of 13.82, a P/E/G ratio of 1.89 and a beta of 0.66. The stock has a 50-day simple moving average of $46.63 and a 200-day simple moving average of $46.31. 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 current ratio of 6.29 and a quick ratio of 6.29.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings data 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. The firm had revenue of $419.99 million for the quarter, compared to the consensus estimate of $417.15 million. Gaming and Leisure Properties had a return on equity of 18.06% and a net margin of 55.56%.The firm’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.96 earnings per share. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. On average, equities research analysts expect that Gaming and Leisure Properties, Inc. will post 4.01 earnings per share for the current fiscal year.

Gaming and Leisure Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were given a $0.82 dividend. This is a positive change from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend was Friday, June 12th. Gaming and Leisure Properties’s payout ratio is presently 104.13%.

Insider Activity at Gaming and Leisure Properties

In other news, Director E Scott Urdang sold 3,000 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.32, for a total transaction of $144,960.00. Following the transaction, the director owned 127,429 shares in the company, valued at $6,157,369.28. This represents a 2.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.11% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have weighed in on GLPI shares. Barclays upped their price objective on shares of Gaming and Leisure Properties from $52.00 to $53.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Morgan Stanley set a $55.00 target price on shares of Gaming and Leisure Properties in a research note on Monday. Weiss Ratings cut shares of Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Scotiabank dropped their price target on shares of 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 price objective on Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating for the company in a report on Tuesday, June 30th. Six investment 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 presently has an average rating of “Moderate Buy” and a consensus target price of $52.20.

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.