Gaming and Leisure PropertiesGLPI
Market Cap: $14.1B
About: Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust whose primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The GLPI's portfolio consisted of interests in sixty one gaming and related facilities, the real property associated with thirty four gaming and related facilities operated by PENN, the real property associated with six gaming and related facilities operated by Caesars Entertainment Corporation.
Employees: 18
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
76% more call options, than puts
Call options by funds: $15.2M | Put options by funds: $8.63M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
12% more repeat investments, than reductions
Existing positions increased: 203 | Existing positions reduced: 182
3% less capital invested
Capital invested by funds: $11.3B [Q1] → $11B (-$307M) [Q2]
2% less funds holding
Funds holding: 528 [Q1] → 518 (-10) [Q2]
2.28% less ownership
Funds ownership: 91.84% [Q1] → 89.57% (-2.28%) [Q2]
15% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 67
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Wells Fargo James Feldman 82% 1-year accuracy 14 / 17 met price target | 1%downside $51 | Equal-Weight Maintained | 26 Aug 2024 |
Wolfe Research Andrew Rosivach 77% 1-year accuracy 10 / 13 met price target | 11%upside $57 | Outperform Upgraded | 23 Aug 2024 |
Raymond James RJ Milligan 82% 1-year accuracy 18 / 22 met price target | 3%upside $53 | Outperform Maintained | 21 Aug 2024 |
JMP Securities Mitch Germain 94% 1-year accuracy 31 / 33 met price target | 7%upside $55 | Market Outperform Maintained | 12 Aug 2024 |
Deutsche Bank Carlo Santarelli 25% 1-year accuracy 2 / 8 met price target | 7%downside $48 | Hold Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 7 articles about GLPI published over the past 30 days