Great West Life Assurance Co. Can increased its holdings in Gaming and Leisure Properties Inc (NASDAQ:GLPI) by 7.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,394 shares of the real estate investment trust’s stock after acquiring an additional 1,499 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Gaming and Leisure Properties were worth $778,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. BBT Capital Management LLC increased its stake in shares of Gaming and Leisure Properties by 46.6% in the third quarter. BBT Capital Management LLC now owns 676,030 shares of the real estate investment trust’s stock worth $24,939,000 after acquiring an additional 215,000 shares during the last quarter. Pacer Advisors Inc. increased its position in Gaming and Leisure Properties by 16.0% during the third quarter. Pacer Advisors Inc. now owns 33,835 shares of the real estate investment trust’s stock worth $1,248,000 after buying an additional 4,659 shares during the last quarter. Stephens Inc. AR increased its position in Gaming and Leisure Properties by 3.0% during the third quarter. Stephens Inc. AR now owns 96,547 shares of the real estate investment trust’s stock worth $3,562,000 after buying an additional 2,815 shares during the last quarter. SG Americas Securities LLC increased its position in Gaming and Leisure Properties by 249.2% during the third quarter. SG Americas Securities LLC now owns 45,559 shares of the real estate investment trust’s stock worth $1,681,000 after buying an additional 32,511 shares during the last quarter. Finally, Quantbot Technologies LP increased its position in Gaming and Leisure Properties by 270.4% during the third quarter. Quantbot Technologies LP now owns 29,597 shares of the real estate investment trust’s stock worth $1,091,000 after buying an additional 21,607 shares during the last quarter. Institutional investors and hedge funds own 92.04% of the company’s stock.

Gaming and Leisure Properties Inc (GLPI) opened at $36.51 on Monday. The company has a market cap of $7,749.39, a PE ratio of 20.28, a price-to-earnings-growth ratio of 3.83 and a beta of 0.86. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.62 and a current ratio of 0.62. Gaming and Leisure Properties Inc has a one year low of $29.96 and a one year high of $39.32.

Gaming and Leisure Properties (NASDAQ:GLPI) last announced its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $0.45 EPS for the quarter, hitting analysts’ consensus estimates of $0.45. The firm had revenue of $244.50 million during the quarter, compared to analysts’ expectations of $243.66 million. Gaming and Leisure Properties had a net margin of 39.31% and a return on equity of 17.37%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 earnings per share. equities analysts expect that Gaming and Leisure Properties Inc will post 3.09 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 6.90%. The ex-dividend date of this dividend was Thursday, November 30th. Gaming and Leisure Properties’s payout ratio is 140.00%.

Several equities analysts have commented on the stock. Ladenburg Thalmann Financial Services set a $43.00 target price on shares of Gaming and Leisure Properties and gave the stock a “buy” rating in a research report on Tuesday, December 19th. UBS Group raised shares of Gaming and Leisure Properties from a “hold” rating to a “buy” rating in a research report on Tuesday, December 19th. Barclays reissued a “buy” rating on shares of Gaming and Leisure Properties in a research report on Sunday. Zacks Investment Research cut shares of Gaming and Leisure Properties from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, SunTrust Banks restated a “hold” rating and set a $38.00 price target on shares of Gaming and Leisure Properties in a report on Tuesday, October 24th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $40.17.

In other news, Director E Scott Urdang acquired 5,000 shares of the company’s stock in a transaction dated Monday, October 30th. The stock was bought at an average price of $36.23 per share, with a total value of $181,150.00. Following the completion of the acquisition, the director now owns 55,241 shares in the company, valued at approximately $2,001,381.43. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 5.88% of the company’s stock.

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About Gaming and Leisure Properties

Gaming and Leisure Properties, Inc (GLPI) is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. Its segments include GLP Capital, L.P.

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

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