<div id="readability-page-1"><p>Mackenzie Financial Corp decreased its holdings in shares of  Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 241,234 shares of the real estate investment trust's stock after selling 11,334 shares during the quarter. Mackenzie Financial Corp owned about 0.09% of Gaming and Leisure Properties worth $11,618,000 at the end of the most recent quarter.</p><ul><li>Look To REITs For Reliable Yield Even In Recessionary Environment</li></ul><p>Several other hedge funds have also recently added to or reduced their stakes in GLPI. Stonebridge Financial Group LLC bought a new stake in shares of  Gaming and Leisure Properties in the 4th quarter worth approximately $31,000.  Quarry LP lifted its position in shares of  Gaming and Leisure Properties by 52.5% in the 4th quarter. Quarry LP now owns 979 shares of the real estate investment trust's stock worth $47,000 after acquiring an additional 337 shares during the period.  Bessemer Group Inc. lifted its position in shares of  Gaming and Leisure Properties by 149.8% in the 4th quarter. Bessemer Group Inc. now owns 1,029 shares of the real estate investment trust's stock worth $49,000 after acquiring an additional 617 shares during the period.  Parvin Asset Management LLC bought a new stake in shares of  Gaming and Leisure Properties in the 4th quarter worth approximately $53,000.  Finally, Venturi Wealth Management LLC lifted its position in shares of  Gaming and Leisure Properties by 59.7% in the 4th quarter. Venturi Wealth Management LLC now owns 1,730 shares of the real estate investment trust's stock worth $83,000 after acquiring an additional 647 shares during the period. Institutional investors own  91.14% of the company's stock. </p><h2>Insider Buying and Selling at Gaming and Leisure Properties</h2><p>In other Gaming and Leisure Properties news, SVP Matthew Demchyk sold 1,903 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $51.99, for a total value of $98,936.97. Following the transaction, the senior vice president now directly owns 41,298 shares in the company, valued at approximately $2,147,083.02. This trade represents a 4.40% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Also, Director E Scott Urdang sold 5,000 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $50.89, for a total value of $254,450.00. Following the completion of the transaction, the director now owns 140,953 shares in the company, valued at $7,173,098.17. This represents a 3.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 17,842 shares of company stock worth $905,361. Insiders own  4.26% of the company's stock. </p><h2>Gaming and Leisure Properties Trading Up 0.5%</h2><ul><li>3 High-Yield Dividend Stocks That Are Probably Not On Your Radar</li></ul><p>GLPI stock opened at $46.44 on Wednesday. The business has a fifty day moving average price of $48.03 and a 200 day moving average price of $48.75. Gaming and Leisure Properties, Inc. has a fifty-two week low of $42.86 and a fifty-two week high of $52.60. The stock has a market capitalization of $12.76 billion, a price-to-earnings ratio of 16.18, a P/E/G ratio of 2.01 and a beta of 0.81. The company has a debt-to-equity ratio of 1.62, a current ratio of 11.35 and a quick ratio of 11.35. </p><p>Gaming and Leisure Properties (NASDAQ:GLPI - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.96 EPS for the quarter, meeting analysts' consensus estimates of $0.96. The firm had revenue of $395.24 million for the quarter, compared to analyst estimates of $396.27 million. Gaming and Leisure Properties had a return on equity of 17.41% and a net margin of 51.65%. The business's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $0.92 EPS.  Analysts expect that  Gaming and Leisure Properties, Inc. will post 3.81 EPS for the current fiscal year. </p><h2>Gaming and Leisure Properties Increases Dividend</h2><ul><li>The 10 Top-Rated Stocks by Wall Street Analysts in August 2021</li></ul><p>The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 6.72%. This is a positive change from Gaming and Leisure Properties's previous quarterly dividend of $0.76. The ex-dividend date is Friday, June 13th. Gaming and Leisure Properties's dividend payout ratio (DPR) is presently 111.03%. </p><h2>Analyst Ratings Changes</h2><p>A number of analysts have commented on GLPI shares. Scotiabank reduced their price objective on Gaming and Leisure Properties from $49.00 to $48.00 and set a &#34;sector perform&#34; rating for the company in a research report on Monday, May 12th. Wells Fargo &amp; Company increased their target price on Gaming and Leisure Properties from $50.00 to $51.00 and gave the stock an &#34;equal weight&#34; rating in a report on Monday, March 10th. Macquarie  reissued an &#34;outperform&#34; rating and issued a $60.00 target price on shares of Gaming and Leisure Properties in a report on Friday, April 25th. Royal Bank of Canada dropped their target price on Gaming and Leisure Properties from $56.00 to $54.00 and set an &#34;outperform&#34; rating for the company in a report on Monday, April 28th. Finally, Barclays increased their target price on Gaming and Leisure Properties from $53.00 to $54.00 and gave the stock an &#34;equal weight&#34; rating in a report on Tuesday, April 22nd. Six analysts have rated the stock with a hold rating and nine have issued  a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $54.63.</p><p><b>View Our Latest Research Report on Gaming and Leisure Properties</b></p><h2>Gaming and Leisure Properties Profile</h2> (Free Report)<p>Gaming &amp; Leisure Properties, Inc engages in the provision of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company was founded on February 13, 2013 and is headquartered in Wyomissing, PA. </p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Gaming and Leisure Properties</li><li>REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today</li><li>3 Beaten-Down Stocks Trading 50% Below Their 52-Week Highs</li><li>How to Know if a Stock Pays Dividends and When They Are Paid Out</li><li>Tesla: Why Analysts Think It Could Jump Another 47%</li><li>Dividend Payout Ratio Calculator</li><li>Microsoft's Outlook Brightens as Analysts Boost Bullish Ratings</li></ul><p><strong>Want to see what other hedge funds are holding GLPI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gaming and Leisure Properties, Inc. (NASDAQ:GLPI - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0xQSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0xQSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Gaming and Leisure Properties Right Now?</h2><p>Before you consider Gaming and Leisure Properties, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gaming and Leisure Properties wasn't on the list.</p><p>While Gaming and Leisure Properties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GLPI

<p>Mackenzie Financial Corp reduced its stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) by 4.5%, selling 11,334 shares in the 4th quarter, leaving it with 241,234 shares valued at approximately $11.6 million. Other hedge funds also adjusted their positions in GLPI. Insider trading included sales by SVP Matthew Demchyk and Director E Scott Urdang. GLPI's stock opened at $46.44, with a market cap of $12.76 billion and a P/E ratio of 16.18. The company reported $0.96 EPS for the last quarter, meeting estimates, and announced a quarterly dividend of $0.78.</p>

Mackenzie Financial Corp Sells 11,334 Shares of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI)