Gaming & Leisure Properties Inc (NASDAQ:GLPI) Institutional Investors Sentiment Index Improved in Q4 2016

July 18, 2017 - By Ellis Scott

 Gaming & Leisure Properties Inc (NASDAQ:GLPI) Institutional Investors Sentiment Index  Improved in  Q4 2016

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

Gaming & Leisure Properties Inc (NASDAQ:GLPI) institutional sentiment increased to 1.23 in Q4 2016. Its up 0.12, from 1.11 in 2016Q3. The ratio increased, as 140 investment managers started new and increased equity positions, while 114 reduced and sold holdings in Gaming & Leisure Properties Inc. The investment managers in our partner’s database now possess: 181.76 million shares, down from 183.68 million shares in 2016Q3. Also, the number of investment managers holding Gaming & Leisure Properties Inc in their top 10 equity positions decreased from 11 to 10 for a decrease of 1. Sold All: 36 Reduced: 78 Increased: 97 New Position: 43.

Gaming and Leisure Properties, Inc. is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). The company has market cap of $7.71 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 21.88 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.

It closed at $37.07 lastly. It is down 10.92% since July 18, 2016 and is uptrending. It has underperformed by 5.78% the S&P500.

Investors wait Gaming and Leisure Properties Inc (NASDAQ:GLPI) to report on August, 8. its quarterly earnings Wall Street analysts expect $0.77 earnings per share, up $0.05 or 6.94 % from last year’s $0.72 same quarter earnings. This translates into $160.15 million profit for GLPI giving the stock a 12.04 P/E. This is assuming the current $0.77 EPS is accurate. Gaming and Leisure Properties Inc’s Wall Street analysts see -2.53 % negative EPS growth, taking into account the $0.79 EPS reproted in the previous quarter,

Covalent Partners Llc holds 6.78% of its portfolio in Gaming and Leisure Properties Inc for 596,113 shares. Gates Capital Management Inc. owns 3.98 million shares or 4.66% of their US portfolio. Moreover, Goodnow Investment Group Llc has 4.47% invested in the company for 655,644 shares. The Virginia-based Broad Run Investment Management Llc has invested 4.43% in the stock. Md Sass Investors Services Inc, a New York-based fund reported 2.56 million shares.#img1#

Since January 1, 0001, it had 1 buying transaction, and 1 insider sale for $6.63 million activity.

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

Ratings analysis reveals 38% of Gaming and Leisure Properties’s analysts are positive. Out of 8 Wall Street analysts rating Gaming and Leisure Properties, 3 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $30 while the high is $4100. The stock’s average target of $35.20 is -5.04% below today’s ($37.07) share price. GLPI was included in 13 notes of analysts from August 4, 2015. The firm earned “Neutral” rating on Friday, April 8 by SunTrust. The rating was initiated by Buckingham Research with “Neutral” on Tuesday, November 22. Zacks downgraded Gaming and Leisure Properties Inc (NASDAQ:GLPI) on Tuesday, August 4 to “Buy” rating. As per Wednesday, August 10, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating given on Wednesday, December 7 by Deutsche Bank. On Thursday, December 15 the stock rating was downgraded by Bank of America to “Underperform”. The rating was downgraded by Morgan Stanley on Tuesday, December 13 to “Equal-Weight”. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, September 7. The stock of Gaming and Leisure Properties Inc (NASDAQ:GLPI) earned “Buy” rating by Ladenburg on Friday, June 2. JMP Securities initiated Gaming and Leisure Properties Inc (NASDAQ:GLPI) on Tuesday, December 15 with “Mkt Outperform” 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 2016 Distribution Tax Treatment” on January 25, 2017, also Globenewswire.com with their article: “Gaming and Leisure Properties, Inc. Announces Acquisition of the Real Estate …” published on March 28, 2017, Globenewswire.com published: “Gaming and Leisure Properties, Inc. Announces Fourth Quarter and Full Year …” on February 02, 2017. More interesting news about Gaming and Leisure Properties Inc (NASDAQ:GLPI) were released by: Globenewswire.com and their article: “Gaming and Leisure Properties Completes Previously Announced Transaction to …” published on September 12, 2016 as well as Nasdaq.com‘s news article titled: “Gaming and Leisure Properties, Inc. Schedules Second Quarter 2017 Earnings …” with publication date: July 06, 2017.

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