Shares of Gaming and Leisure Properties (GLPI) Sees Large Inflow of Net Money Flow

Gaming and Leisure Properties (GLPI) stock had a bullish inflow of $7.45 million worth of trades on uptick and an outflow of $3.25 million in downticks on Tuesday. The total uptick to downtick ratio stood at 2.29. The net money flow into the stock was $4.19 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $2.96 million. $2.96 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Gaming and Leisure Properties (GLPI) stock traded down $0.03 , and reached $34.94, a drop of -0.09% over the previous day. On a weekly basis, the stock is -0.11%, over the previous weeks close.


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 -74.54% . 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%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Sr VP-Chief Financial Officer) of Gaming & Leisure Properties, Inc., Clifford William J had sold 100,000 shares worth of $3,500,000 in a transaction dated July 6, 2016. In this transaction, 100,000 shares were sold at $35 per share.

Gaming and Leisure Properties, Inc is up 9.4% in the last 3-month period. Year-to-Date the stock performance stands at 31.09%.

Gaming and Leisure Properties (NASDAQ:GLPI): stock turned positive on Tuesday. Though the stock opened at $35.05, the bulls momentum made the stock top out at $35.07 level for the day. The stock recorded a low of $34.85 and closed the trading day at $35.06, in the green by 0.26%. The total traded volume for the day was 1,519,256. The stock had closed at $34.97 in the previous days trading.

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.

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