Gaming and Leisure Properties Inc (GLPI) : Concannon Wealth Management scooped up 2 additional shares in Gaming and Leisure Properties Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 144 shares of Gaming and Leisure Properties Inc which is valued at $5,105.Gaming and Leisure Properties Inc makes up approximately 0.01% of Concannon Wealth Management’s portfolio.
Other Hedge Funds, Including , Mizuho Trust Banking Ltd. boosted its stake in GLPI in the latest quarter, The investment management firm added 19,360 additional shares and now holds a total of 36,660 shares of Gaming and Leisure Properties Inc which is valued at $1,299,597.Nn Investment Partners Holdings N.v. reduced its stake in GLPI by selling 9,584 shares or 13.02% in the most recent quarter. The Hedge Fund company now holds 64,021 shares of GLPI which is valued at $2,247,777. Gaming and Leisure Properties Inc makes up approx 0.02% of Nn Investment Partners Holdings N.v.’s portfolio.Cutler Group Lp reduced its stake in GLPI by selling 12,644 shares or 95.82% in the most recent quarter. The Hedge Fund company now holds 552 shares of GLPI which is valued at $19,381.Pensionfund Sabic reduced its stake in GLPI by selling 6,000 shares or 24.49% in the most recent quarter. The Hedge Fund company now holds 18,500 shares of GLPI which is valued at $648,610. Gaming and Leisure Properties Inc makes up approx 0.19% of Pensionfund Sabic’s portfolio.
Gaming and Leisure Properties Inc closed down -0.05 points or -0.14% at $35.4 with 12,10,554 shares getting traded on Monday. Post opening the session at $35.54, the shares hit an intraday low of $35.34 and an intraday high of $35.74 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Gaming and Leisure Properties Inc reported $0.47 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus of $0.54. The company had revenue of $148.80 million for the quarter, compared to analysts expectations of $149.24 million. The company’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.
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.