1 week Ago By ABMN Staff
Mariner LLC lessened its position in Gaming and Leisure Properties, Inc. ( NASDAQ:GLPI – Free Report ) by 4.8% in the fourth quarter, according to its most recent disclosure with the SEC.
The firm owned 21,163 shares of the real estate investment trust’s stock after selling 1,059 shares during the period. Mariner LLC’s holdings in Gaming and Leisure Properties were worth $1,019,000 as of its most recent filing with the SEC. Several other hedge funds and other institutional investors have also recently modified their holdings of GLPI.
Franklin Resources Inc. lifted its position in Gaming and Leisure Properties by 4.7% in the 4th quarter.
Franklin Resources Inc. now owns 12,830,944 shares of the real estate investment trust’s stock valued at $617,938,000 after acquiring an additional 571,720 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Gaming and Leisure Properties by 2.
7% in the fourth quarter. Geode Capital Management LLC now owns 6,245,884 shares of the real estate investment trust’s stock valued at $300,395,000 after purchasing an additional 165,024 shares in the last quarter. Jennison Associates LLC boosted its position in shares of Gaming and Leisure Properties by 5.
2% during the fourth quarter. Jennison Associates LLC now owns 4,287,118 shares of the real estate investment trust’s stock valued at $206,468,000 after buying an additional 211,657 shares during the last quarter. Norges Bank bought a new stake in Gaming and Leisure Properties during the fourth quarter worth $176,123,000.
Finally, Bank of New York Mellon Corp raised its position in Gaming and Leisure Properties by 15.2% in the 4th quarter. Bank of New York Mellon Corp now owns 2,981,567 shares of the real estate investment trust’s stock valued at $143,592,000 after buying an additional 394,069 shares during the last quarter.
Institutional investors own 91.14% of the company’s stock. Insider Activity In other Gaming and Leisure Properties news, SVP Matthew Demchyk sold 1,138 shares of the firm’s stock in a transaction on Friday, February 28th.
The shares were sold at an average price of $50.45, for a total value of $57,412.10.
Following the completion of the transaction, the senior vice president now directly owns 53,002 shares of the company’s stock, valued at $2,673,950.90. This trade represents a 2.
10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, Director E Scott Urdang sold 5,000 shares of the business’s stock in a transaction on Tuesday, March 11th.
The shares were sold at an average price of $50.89, for a total transaction of $254,450.00.
Following the transaction, the director now owns 140,953 shares of the company’s stock, valued at $7,173,098.17. This trade represents a 3.
43 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 22,842 shares of company stock worth $1,153,961.
4.37% of the stock is owned by company insiders. Analyst Upgrades and Downgrades Read Our Latest Stock Report on GLPI Gaming and Leisure Properties Stock Performance Shares of GLPI stock opened at $47.
74 on Monday. Gaming and Leisure Properties, Inc. has a 12 month low of $42.
62 and a 12 month high of $52.60. The stock has a market capitalization of $13.
12 billion, a P/E ratio of 16.63, a PEG ratio of 2.01 and a beta of 0.
72. The company has a current ratio of 11.35, a quick ratio of 11.
35 and a debt-to-equity ratio of 1.62. The firm’s 50 day moving average is $49.
43 and its 200 day moving average is $49.31. Gaming and Leisure Properties ( NASDAQ:GLPI – Get Free Report ) last posted its quarterly earnings results on Thursday, April 24th.
The real estate investment trust reported $0.96 EPS for the quarter, hitting analysts’ consensus estimates of $0.96.
Gaming and Leisure Properties had a return on equity of 17.41% and a net margin of 51.65%.
The firm had revenue of $395.24 million during the quarter, compared to analyst estimates of $396.27 million.
On average, sell-side analysts anticipate that Gaming and Leisure Properties, Inc. will post 3.81 earnings per share for the current year.
Gaming and Leisure Properties Announces Dividend The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a $0.76 dividend.
This represents a $3.04 dividend on an annualized basis and a dividend yield of 6.37%.
The ex-dividend date was Friday, March 14th. Gaming and Leisure Properties’s payout ratio is 108.19%.
Gaming and Leisure Properties Company Profile ( Free Report ) Gaming & Leisure Properties, Inc engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA. Read More Want to see what other hedge funds are holding GLPI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Gaming and Leisure Properties, Inc. ( NASDAQ:GLPI – Free Report ). Receive News & Ratings for Gaming and Leisure Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gaming and Leisure Properties and related companies with MarketBeat.
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