Gaming and Leisure Properties (NASDAQ:GLPI) dropped -0.79% or -0.27 points to trade at $33.8 per share. As per the latest trading data available, the net money flow stood at $2.92 million as the shares received $7.64 million in upticks and gave away $4.72 million in downticks. The final up/down ratio was at 1.62. On a weekly basis, the stock has seen a change of 1.08%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $1.45 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $1.45 million.
Currently the company Insiders own 22.37% of Gaming and Leisure Properties shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -43.88% . Institutional Investors own 85.52% of Gaming and Leisure Properties shares. During last six month period, the net percent change held by insiders has seen a change of 2.69%. On the companys insider trading activities, The officer (Sr VP-Chief Financial Officer), of Gaming & Leisure Properties, Inc., Clifford William J had unloaded 100,000 shares at $33.18 per share in a transaction on June 1, 2016. The total value of transaction was $3,318,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Gaming and Leisure Properties (NASDAQ:GLPI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.3 points or 0.88% at $33.77 with 1,587,776 shares getting traded. Post opening the session at $34.1, the shares hit an intraday low of $33.64 and an intraday high of $34.295 and the price was in this range throughout the day. The company has a market cap of $4,927 million and the number of outstanding shares have been calculated to be 145,900,750 shares. The 52-week high of Gaming and Leisure Properties (NASDAQ:GLPI) is $38.3 and the 52-week low is $24.21.
Many analysts have stated their opinion on the company shares. SunTrust Robinson Humphrey initiates coverage on Gaming and Leisure Properties (NASDAQ:GLPI). The shares have now been rated Neutral by the stock experts at the ratings house. The rating by the firm was issued on April 8, 2016.
Gaming and Leisure Properties, Inc. (GLPI) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple net lease arrangements. Triple net leases are leases, in which the lessee pays rent to the lessor, as well as all taxes, insurance, and maintenance expenses that arise from the use of the property. The Company operates in two segments: GLP Capital, L.P. (a wholly owned subsidiary of GLPI, through which GLPI owns all of its real estate assets) (GLP Capital) and the TRS Properties. The GLP Capital segment consists of the leased real property and represents the Companys business. The TRS Properties segment consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge.