Which institution holds the most shares in Gaming and Leisure Properties Inc (GLPI)

Gaming and Leisure Properties Inc (NASDAQ: GLPI) is -8.02% lower on its value in year-to-date trading and has touched a low of $43.54 and a high of $54.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GLPI stock was last observed hovering at around $45.30 in the last trading session, with the day’s gains setting it 0.09%.

Currently trading at $45.39, the stock is -1.64% and -3.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 0.20% at the moment leaves the stock -4.47% off its SMA200. GLPI registered -15.04% loss for a year compared to 6-month loss of -6.04%. The firm has a 50-day simple moving average (SMA 50) of $13.17 and a 200-day simple moving average (SMA200) of $13.97.

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The stock witnessed a -4.82% gain in the last 1 month and extending the period to 3 months gives it a -0.13%, and is -2.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.58% over the week and 1.56% over the month.

Gaming and Leisure Properties Inc (GLPI) has around 17 employees, a market worth around $12.12B and $1.41B in sales. Current P/E ratio is 16.62 and Fwd P/E is 16.10. Profit margin for the company is 50.91%. Distance from 52-week low is 4.25% and -17.29% from its 52-week high. The company has generated returns on investments over the last 12 months (6.86%).

Gaming and Leisure Properties Inc quarterly earnings per share for the current quarter are estimated at $0.7 with sales reaching $361.15M over the same period.The EPS is expected to shrink by -1.08% this year, but quarterly earnings will post 9.10% year-over-year. Quarterly sales are estimated to grow 7.40% in year-over-year returns.

697 institutions hold shares in Gaming and Leisure Properties Inc (GLPI), with institutional investors hold 101.05% of the company’s shares. The shares outstanding are 260.73M, and float is at 255.13M with Short Float at 1.63%. Institutions hold 96.56% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 37.02 million shares valued at $1.79 billion. The investor’s holdings represent 14.09% of the GLPI Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 18.97 million shares valued at $919.26 million to account for 7.22% of the shares outstanding. The other top investors are Wellington Management Group, LLP which holds 11.83 million shares representing 4.50% and valued at over $573.29 million, while Capital International Investors holds 4.45% of the shares totaling 11.68 million with a market value of $566.02 million.

Gaming and Leisure Properties Inc (GLPI) Insider Activity

A total of 3 insider transactions have happened at Gaming and Leisure Properties Inc (GLPI) in the last six months, with sales accounting for 0 and purchases happening 3 times. The most recent transaction is an insider sale by Moore Brandon John, the company’s COO, Gen Counsel & Sec. SEC filings show that Moore Brandon John sold 26,623 shares of the company’s common stock on Jan 04 at a price of $48.89 per share for a total of $1.3 million. Following the sale, the insider now owns 0.24 million shares.

Gaming and Leisure Properties Inc disclosed in a document filed with the SEC on Jan 04 that Demchyk Matthew (SVP, Chief Investment Officer) sold a total of 25,391 shares of the company’s common stock. The trade occurred on Jan 04 and was made at $48.87 per share for $1.24 million. Following the transaction, the insider now directly holds 57976.0 shares of the GLPI stock.

Still, SEC filings show that on Jan 04, Ladany Steven (SVP Chief Development Officer) disposed off 14,260 shares at an average price of $48.89 for $0.7 million. The insider now directly holds 82,402 shares of Gaming and Leisure Properties Inc (GLPI).

Gaming and Leisure Properties Inc (GLPI): Who are the competitors?

One of the company’s main competitors (and peers) include Diamondrock Hospitality Co. (DRH) that is trading -0.43% down over the past 12 months.Host Hotels & Resorts Inc. (HST) lies in the list of competitors of the Gaming and Leisure Properties Inc and is 7.54% higher over the same period from GLPIPebblebrook Hotel Trust (PEB) is -1.08% down on the 1-year trading charts.