Sivia Capital Partners LLC Purchases New Stake in Gaming and Leisure Properties, Inc. $GLPI

Sivia Capital Partners LLC purchased a new stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,079 shares of the real estate investment trust’s stock, valued at approximately $495,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in Gaming and Leisure Properties during the fourth quarter worth about $29,000. International Assets Investment Management LLC acquired a new position in Gaming and Leisure Properties during the fourth quarter worth about $31,000. True Wealth Design LLC raised its stake in 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 acquiring an additional 610 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Gaming and Leisure Properties by 107.7% during the third quarter. EverSource Wealth Advisors LLC now owns 887 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 460 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Gaming and Leisure Properties by 48.2% during the third quarter. Smartleaf Asset Management LLC now owns 1,212 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 394 shares in the last quarter. Institutional investors and hedge funds own 91.14% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on GLPI. Stifel Nicolaus set a $50.00 target price on Gaming and Leisure Properties in a research note on Friday, April 24th. Mizuho boosted their target price on Gaming and Leisure Properties from $50.00 to $53.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Royal Bank Of Canada boosted their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an “outperform” rating in a research note on Monday, February 23rd. Scotiabank boosted their target price on Gaming and Leisure Properties from $50.00 to $52.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 12th. Finally, Barclays boosted their target price on Gaming and Leisure Properties from $52.00 to $53.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Gaming and Leisure Properties presently has an average rating of “Moderate Buy” and an average price target of $52.89.

Gaming and Leisure Properties Stock Performance

Gaming and Leisure Properties stock opened at $47.17 on Friday. The business has a 50 day moving average of $46.76 and a 200-day moving average of $45.92. Gaming and Leisure Properties, Inc. has a 1 year low of $41.17 and a 1 year high of $49.95. The company has a market capitalization of $13.37 billion, a P/E ratio of 14.97, a P/E/G ratio of 2.00 and a beta of 0.66. 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 announced its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.82 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $417.15 million. During the same period in the prior year, the business posted $0.96 earnings per share. The firm’s revenue was up 6.3% on a year-over-year basis. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. On average, equities research analysts predict that Gaming and Leisure Properties, Inc. will post 4 earnings per share for the current year.

Gaming and Leisure Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be issued a $0.82 dividend. The ex-dividend date is Friday, June 12th. This is a boost from Gaming and Leisure Properties’s previous quarterly dividend of $0.78. This represents a $3.28 annualized dividend and a yield of 7.0%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is currently 99.05%.

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.