Large Inflow of Money Detected in Gaming and Leisure Properties

Gaming and Leisure Properties (GLPI) : Investors lapped up stocks on upticks to the tune of $9.8 million in the Thursdays trading session. The trading value on downticks was comparatively at $7.23 million and the uptick to downtick ratio of 1.36 indicates continuous buying by the bulls. The net money flow into the stock was $2.57 million. The block trades were dominated by the bulls with a healthy 2.45, uptick to downtick ratio. Only $1.73 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $4.24 clearly indicating buying by large investors. The total money flow for block trades stood at $2.51 million, which is a positive for the stock in the long-term. Gaming and Leisure Properties (GLPI) fell $0.03 during the day at $35.08, a drop of -0.09% over the previous days close. However, for the week, the stock is 0.29%, compared to the previous week.


The stock has recorded a 20-day Moving Average of 1.4% and the 50-Day Moving Average is 4.45%. Shares have dropped -0.09% from its 1 Year high price. On Jul 21, 2015, the shares registered one year high at $36.16 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $33.97 and the 200 Day Moving Average price is recorded at $30.37.

Gaming and Leisure Properties (NASDAQ:GLPI): The stock opened at $35.19 on Thursday but the bulls could not build on the opening and the stock topped out at $35.20 for the day. The stock traded down to $34.96 during the day, due to lack of any buying support eventually closed down at $35.08 with a loss of -0.09% for the day. The stock had closed at $35.11 on the previous day. The total traded volume was 1,427,601 shares.

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. (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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