Institutional Investors Lead Shift in Gaming & Leisure Properties Inc (NASDAQ:GLPI) Sentiment

November 7, 2017 - By Henry Gaston

 Institutional Investors Lead Shift in Gaming & Leisure Properties Inc (NASDAQ:GLPI) Sentiment

Sentiment for Gaming & Leisure Properties Inc (NASDAQ:GLPI)

Gaming & Leisure Properties Inc (NASDAQ:GLPI) institutional sentiment decreased to 1.32 in 2017 Q2. Its down -0.05, from 1.37 in 2017Q1. The ratio dropped, as 139 investment managers started new or increased equity positions, while 105 reduced and sold their equity positions in Gaming & Leisure Properties Inc. The investment managers in our partner’s database now possess: 186.96 million shares, up from 182.33 million shares in 2017Q1. Also, the number of investment managers holding Gaming & Leisure Properties Inc in their top 10 equity positions was flat from 8 to 8 for the same number . Sold All: 25 Reduced: 80 Increased: 95 New Position: 44.

Gaming and Leisure Properties, Inc. is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The company has market cap of $7.87 billion. The Firm is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. It has a 20.57 P/E ratio. The Company’s divisions include GLP Capital, L.P. (GLP Capital), through which the Company owns all of its real estate assets, and the TRS Properties, which consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge.

About 277,366 shares traded. Gaming and Leisure Properties Inc (NASDAQ:GLPI) has risen 10.92% since November 7, 2016 and is uptrending. It has underperformed by 5.78% the S&P500.

Wall Street await Gaming and Leisure Properties Inc (NASDAQ:GLPI) to release earnings on November, 14. Analysts forecast earnings per share of $0.77, exactly $0.00 or 0.00 % from 2014’s $0.77 EPS. The expected GLPI’s profit could reach $163.69M giving the stock 12.02 P/E in the case that $0.77 earnings per share is reported. After posting $0.78 EPS for the previous quarter, Gaming and Leisure Properties Inc’s analysts now forecast -1.28 % negative EPS growth.

Goodnow Investment Group Llc holds 5.54% of its portfolio in Gaming and Leisure Properties Inc for 701,815 shares. Broad Run Investment Management Llc owns 3.64 million shares or 4.8% of their US portfolio. Moreover, Covalent Partners Llc has 4.77% invested in the company for 267,712 shares. The Connecticut-based Addison Clark Management L.L.C. has invested 4.28% in the stock. Md Sass Investors Services Inc, a New York-based fund reported 1.52 million shares.#img1#

Since January 1, 0001, it had 1 insider purchase, and 0 selling transactions for $364,400 activity.

Gaming and Leisure Properties Inc (NASDAQ:GLPI) Ratings Coverage

Ratings analysis reveals 40% of Gaming and Leisure Properties’s analysts are positive. Out of 10 Wall Street analysts rating Gaming and Leisure Properties, 4 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $30 while the high is $44. The stock’s average target of $37.75 is 1.97% above today’s ($37.02) share price. GLPI was included in 20 notes of analysts from August 4, 2015. The firm has “Equal-Weight” rating given on Friday, April 1 by Morgan Stanley. The stock of Gaming and Leisure Properties Inc (NASDAQ:GLPI) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, December 13. Zacks downgraded the stock to “Buy” rating in Tuesday, August 4 report. Stifel Nicolaus maintained the shares of GLPI in report on Thursday, July 27 with “Hold” rating. UBS initiated it with “Neutral” rating and $35 target in Monday, September 26 report. Deutsche Bank maintained it with “Buy” rating and $36 target in Wednesday, December 7 report. The company was maintained on Tuesday, October 24 by SunTrust. The stock of Gaming and Leisure Properties Inc (NASDAQ:GLPI) earned “Overweight” rating by Morgan Stanley on Wednesday, September 7. On Monday, October 30 the stock rating was maintained by Ladenburg with “Buy”. Barclays Capital maintained the shares of GLPI in report on Wednesday, August 16 with “Overweight” rating.

More notable recent Gaming and Leisure Properties Inc (NASDAQ:GLPI) news were published by: Globenewswire.com which released: “Gaming and Leisure Properties, Inc. Announces Acquisition of the Real Estate …” on March 28, 2017, also Prnewswire.com with their article: “Technical Insights on REIT Stocks — Gaming and Leisure Properties, Empire …” published on October 16, 2017, Globenewswire.com published: “Gaming and Leisure Properties, Inc. Announces Third Quarter 2017 Results” on October 26, 2017. More interesting news about Gaming and Leisure Properties Inc (NASDAQ:GLPI) were released by: Seekingalpha.com and their article: “Gaming & Leisure Properties Inc. Is A Buy” published on October 03, 2017 as well as Globenewswire.com‘s news article titled: “Gaming and Leisure Properties, Inc. Announces Second Quarter 2017 Results” with publication date: July 27, 2017.

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