QRG Capital Management Inc. Has $4.60 Million Stake in Gaming and Leisure Properties, Inc. $GLPI

06 Jul 2026, 10:04 by Tristan Rich · The Markets Daily

QRG Capital Management Inc. grew its position in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI – Free Report) by 31.8% during the first quarter, HoldingsChannel reports. The firm owned 103,654 shares of the real estate investment trust’s stock after buying an additional 25,021 shares during the period. QRG Capital Management Inc.’s holdings in Gaming and Leisure Properties were worth $4,599,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Cohen & Steers Inc. bought a new position in Gaming and Leisure Properties during the fourth quarter worth $313,242,000. Norges Bank bought a new stake in Gaming and Leisure Properties during the fourth quarter valued at $167,743,000. Goldman Sachs Group Inc. grew its holdings in Gaming and Leisure Properties by 629.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,483,123 shares of the real estate investment trust’s stock worth $110,971,000 after acquiring an additional 2,142,511 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Gaming and Leisure Properties by 711.8% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,369,851 shares of the real estate investment trust’s stock worth $110,459,000 after acquiring an additional 2,077,937 shares during the period. Finally, 140 Summer Partners LP acquired a new stake in Gaming and Leisure Properties during the 4th quarter worth about $81,272,000. 91.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Gaming and Leisure Properties news, Director E Scott Urdang sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $48.32, for a total value of $144,960.00. Following the completion of the sale, the director owned 127,429 shares of the company’s stock, valued at approximately $6,157,369.28. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.11% of the company’s stock.

Gaming and Leisure Properties Price Performance

Shares of NASDAQ GLPI opened at $43.95 on Monday. The firm’s 50-day moving average price is $46.69 and its 200-day moving average price is $46.32. Gaming and Leisure Properties, Inc. has a 1-year low of $41.17 and a 1-year high of $49.95. The firm has a market capitalization of $12.46 billion, a P/E ratio of 13.95, a P/E/G ratio of 1.89 and a beta of 0.66. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.62.

Gaming and Leisure Properties (NASDAQ:GLPI – Get Free Report) last issued 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 company had revenue of $419.99 million during the quarter, compared to the consensus estimate of $417.15 million. During the same period last year, the business posted $0.96 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. Gaming and Leisure Properties has set its FY 2026 guidance at 4.080-4.120 EPS. Equities research analysts anticipate 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 company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were issued a $0.82 dividend. The ex-dividend date was Friday, June 12th. This is an increase 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%. Gaming and Leisure Properties’s dividend payout ratio is currently 104.13%.

Wall Street Analyst Weigh In

GLPI has been the topic of a number of recent analyst reports. Weiss Ratings downgraded Gaming and Leisure Properties from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, June 17th. JPMorgan Chase & Co. decreased their target price on Gaming and Leisure Properties from $53.00 to $51.00 and set an “overweight” rating for the company in a research note on Tuesday, June 30th. Mizuho raised 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. Scotiabank lowered their target price on Gaming and Leisure Properties from $52.00 to $49.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Finally, Stifel Nicolaus set a $50.00 price target on Gaming and Leisure Properties in a research note on Friday, April 24th. 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 currently has an average rating of “Moderate Buy” and an average price target of $52.00.

Check Out Our Latest Stock Report on GLPI

About Gaming and Leisure Properties

(Free Report)

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.