Brandon John Moore Sells 5,000 Shares of Gaming and Leisure Properties Inc (NASDAQ:GLPI) Stock

Gaming and Leisure Properties Inc (NASDAQ:GLPI) SVP Brandon John Moore sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $49.00, for a total transaction of $245,000.00. Following the completion of the transaction, the senior vice president now directly owns 134,535 shares in the company, valued at $6,592,215. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Brandon John Moore also recently made the following trade(s):

  • On Thursday, January 30th, Brandon John Moore sold 5,000 shares of Gaming and Leisure Properties stock. The shares were sold at an average price of $47.00, for a total transaction of $235,000.00.
  • On Wednesday, January 15th, Brandon John Moore sold 5,000 shares of Gaming and Leisure Properties stock. The stock was sold at an average price of $45.00, for a total transaction of $225,000.00.
  • On Monday, January 6th, Brandon John Moore sold 5,024 shares of Gaming and Leisure Properties stock. The stock was sold at an average price of $43.08, for a total transaction of $216,433.92.

GLPI opened at $49.56 on Friday. The firm’s fifty day moving average is $45.59 and its two-hundred day moving average is $41.25. The company has a debt-to-equity ratio of 2.82, a quick ratio of 3.24 and a current ratio of 3.24. The firm has a market cap of $10.64 billion, a PE ratio of 33.26, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57. Gaming and Leisure Properties Inc has a twelve month low of $35.39 and a twelve month high of $49.64.

Large investors have recently modified their holdings of the stock. Vista Investment Management raised its holdings in shares of Gaming and Leisure Properties by 5.1% during the third quarter. Vista Investment Management now owns 14,661 shares of the real estate investment trust’s stock worth $561,000 after acquiring an additional 705 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of Gaming and Leisure Properties by 6.9% during the third quarter. Integrated Wealth Concepts LLC now owns 8,417 shares of the real estate investment trust’s stock worth $322,000 after acquiring an additional 544 shares during the period. Brasada Capital Management LP raised its holdings in shares of Gaming and Leisure Properties by 10.9% during the fourth quarter. Brasada Capital Management LP now owns 30,211 shares of the real estate investment trust’s stock worth $1,301,000 after acquiring an additional 2,966 shares during the period. Evoke Wealth LLC acquired a new stake in shares of Gaming and Leisure Properties during the third quarter worth $47,000. Finally, Millennium Management LLC raised its holdings in shares of Gaming and Leisure Properties by 5,109.2% during the third quarter. Millennium Management LLC now owns 781,387 shares of the real estate investment trust’s stock worth $29,880,000 after acquiring an additional 766,387 shares during the period. Institutional investors and hedge funds own 85.53% of the company’s stock.

GLPI has been the topic of several analyst reports. LADENBURG THALM/SH SH increased their target price on shares of Gaming and Leisure Properties from $47.00 to $51.00 and gave the stock a “buy” rating in a report on Wednesday, February 5th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Gaming and Leisure Properties from a “strong-buy” rating to a “hold” rating in a report on Saturday, January 4th. Deutsche Bank increased their target price on shares of Gaming and Leisure Properties from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. BidaskClub upgraded shares of Gaming and Leisure Properties from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 16th. Finally, Macquarie initiated coverage on shares of Gaming and Leisure Properties in a report on Thursday, October 24th. They issued an “outperform” rating and a $44.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $45.89.

About Gaming and Leisure Properties

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

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