Gaming and Leisure Properties Inc (NASDAQ:GLPI) CFO William J. Clifford purchased 54,606 shares of Gaming and Leisure Properties stock in a transaction that occurred on Monday, February 12th. The stock was purchased at an average price of $33.00 per share, with a total value of $1,801,998.00. Following the transaction, the chief financial officer now owns 320,674 shares in the company, valued at approximately $10,582,242. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Gaming and Leisure Properties Inc (NASDAQ:GLPI) opened at $33.55 on Wednesday. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market cap of $7,081.82, a P/E ratio of 18.85 and a beta of 0.79. Gaming and Leisure Properties Inc has a 12-month low of $30.22 and a 12-month high of $39.32.

Gaming and Leisure Properties (NASDAQ:GLPI) last released its quarterly earnings data on Thursday, February 8th. The real estate investment trust reported $0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by ($0.33). The company had revenue of $240.70 million during the quarter, compared to analyst estimates of $243.27 million. Gaming and Leisure Properties had a net margin of 39.18% and a return on equity of 17.28%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.45 EPS. research analysts forecast that Gaming and Leisure Properties Inc will post 3.13 earnings per share for the current year.

Several equities research analysts recently commented on GLPI shares. SunTrust Banks restated a “hold” rating and issued a $38.00 price target on shares of Gaming and Leisure Properties in a research report on Tuesday, October 24th. Ladenburg Thalmann Financial Services set a $41.00 price target on shares of Gaming and Leisure Properties and gave the company a “buy” rating in a research report on Monday, October 30th. Zacks Investment Research upgraded shares of Gaming and Leisure Properties from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Tuesday, October 31st. UBS Group upgraded shares of Gaming and Leisure Properties from a “hold” rating to a “buy” rating in a research report on Tuesday, December 19th. Finally, Barclays restated a “buy” rating on shares of Gaming and Leisure Properties in a research report on Sunday, December 24th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $38.13.

Institutional investors have recently added to or reduced their stakes in the business. Focused Wealth Management Inc acquired a new position in Gaming and Leisure Properties in the 4th quarter valued at approximately $100,000. Advisor Group Inc. increased its stake in Gaming and Leisure Properties by 75.3% in the 2nd quarter. Advisor Group Inc. now owns 4,650 shares of the real estate investment trust’s stock valued at $143,000 after buying an additional 1,998 shares during the period. First Quadrant L P CA acquired a new position in Gaming and Leisure Properties in the 3rd quarter valued at approximately $151,000. American International Group Inc. acquired a new position in Gaming and Leisure Properties in the 4th quarter valued at approximately $160,000. Finally, Signition LP acquired a new position in Gaming and Leisure Properties in the 4th quarter valued at approximately $224,000. Hedge funds and other institutional investors own 91.97% 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.

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