Market News

Gaming & Leisure Pptys (GLPI) Shareholder Bbt Capital Management Lifted Stake; Cypress Funds Has Upped Stake in Churchill Downs (CHDN) as Valuation Rose

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) Logo

Bbt Capital Management Llc increased its stake in Gaming & Leisure Pptys Inc (GLPI) by 11.83% based on its latest 2017Q4 regulatory filing with the SEC. Bbt Capital Management Llc bought 80,000 shares as the company’s stock declined 9.45% with the market. The institutional investor held 756,030 shares of the consumer services company at the end of 2017Q4, valued at $27.97M, up from 676,030 at the end of the previous reported quarter. Bbt Capital Management Llc who had been investing in Gaming & Leisure Pptys Inc for a number of months, seems to be bullish on the $7.39 billion market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $34.65. About 338,312 shares traded. Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) has risen 2.70% since April 17, 2017 and is uptrending. It has underperformed by 8.85% the S&P500.

Cypress Funds Llc increased its stake in Churchill Downs Inc (CHDN) by 12.96% based on its latest 2017Q4 regulatory filing with the SEC. Cypress Funds Llc bought 21,000 shares as the company’s stock rose 7.36% while stock markets declined. The hedge fund held 183,000 shares of the consumer services company at the end of 2017Q4, valued at $42.58 million, up from 162,000 at the end of the previous reported quarter. Cypress Funds Llc who had been investing in Churchill Downs Inc for a number of months, seems to be bullish on the $3.24B market cap company. The stock increased 1.28% or $3.1 during the last trading session, reaching $245. About 20,421 shares traded. Churchill Downs Incorporated (NASDAQ:CHDN) has risen 56.79% since April 17, 2017 and is uptrending. It has outperformed by 45.24% the S&P500.

Among 12 analysts covering Gaming and Leisure Properties (NASDAQ:GLPI), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Gaming and Leisure Properties had 28 analyst reports since August 4, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, August 4 by Zacks. The firm has “Hold” rating by Susquehanna given on Tuesday, February 6. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, February 9 report. The stock of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) earned “Buy” rating by Deutsche Bank on Wednesday, August 10. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, July 27 report. On Tuesday, December 19 the stock rating was maintained by Ladenburg with “Buy”. The stock has “Buy” rating by Ladenburg on Friday, July 28. The stock has “Buy” rating by Ladenburg on Friday, June 2. The stock of Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) earned “Hold” rating by Jefferies on Thursday, January 18. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, December 13.

Investors sentiment decreased to 1.31 in Q4 2017. Its down 0.07, from 1.38 in 2017Q3. It turned negative, as 25 investors sold GLPI shares while 78 reduced holdings. 34 funds opened positions while 101 raised stakes. 191.09 million shares or 0.73% less from 192.49 million shares in 2017Q3 were reported. Sandler Mgmt accumulated 38,920 shares. Comerica Bancorp has 0% invested in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI). Fifth Third Bankshares invested in 68,713 shares. Cardinal Capital Mngmt Limited Co Ct holds 0.91% in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) or 627,986 shares. Janney Montgomery Scott Ltd invested in 0.01% or 20,594 shares. Gates Capital Mgmt Inc has 1.8% invested in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) for 2.03 million shares. Amp holds 0.03% or 129,392 shares in its portfolio. First Mercantile Trust Communication, a Tennessee-based fund reported 4,100 shares. Principal Fin Gru Incorporated Inc owns 36,035 shares. Cap Ww has 7.59 million shares. Penn Cap Com Inc holds 0.12% or 45,996 shares in its portfolio. Quinn Opportunity Prns Ltd Liability Com reported 0.99% of its portfolio in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI). Panagora Asset Mgmt reported 1.04M shares stake. Frontier Management owns 591,461 shares. 51,987 are owned by Envestnet Asset Management.

Bbt Capital Management Llc, which manages about $503.87M US Long portfolio, decreased its stake in Dish Network Corp (Call) (NASDAQ:DISH) by 206,439 shares to 20,000 shares, valued at $955,000 in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (Put) (IWM) by 20,000 shares in the quarter, leaving it with 10,000 shares, and cut its stake in Time Warner Inc (NYSE:TWX).

Since February 12, 2018, it had 2 insider buys, and 0 selling transactions for $4.14 million activity. Shares for $2.81 million were bought by CLIFFORD WILLIAM J.

Since March 7, 2018, it had 5 insider buys, and 1 insider sale for $6.49 million activity. The insider DUCHOSSOIS RICHARD L bought $500,542.

Investors sentiment decreased to 1.31 in 2017 Q4. Its down 0.51, from 1.82 in 2017Q3. It fall, as 9 investors sold CHDN shares while 65 reduced holdings. 33 funds opened positions while 64 raised stakes. 10.97 million shares or 0.18% less from 10.99 million shares in 2017Q3 were reported. The New York-based Teton has invested 0.65% in Churchill Downs Incorporated (NASDAQ:CHDN). Wagner Bowman has 1,850 shares for 0.11% of their portfolio. Martingale Asset Mngmt LP stated it has 0.09% in Churchill Downs Incorporated (NASDAQ:CHDN). Manufacturers Life Company The owns 31,269 shares. Ing Groep Nv accumulated 1,955 shares. Sei Invests Communication reported 7,613 shares. Chicago Equity Ptnrs Ltd Liability Corp owns 0.1% invested in Churchill Downs Incorporated (NASDAQ:CHDN) for 13,440 shares. Wells Fargo & Mn, California-based fund reported 20,807 shares. Caxton Ltd Partnership holds 2,711 shares or 0.03% of its portfolio. North Star Inv Corp holds 500 shares. Barr E S & holds 0.26% of its portfolio in Churchill Downs Incorporated (NASDAQ:CHDN) for 10,993 shares. Amundi Pioneer Asset Mngmt stated it has 1,485 shares or 0% of all its holdings. Pub Employees Retirement Sys Of Ohio reported 508 shares stake. Hancock Company reported 1,915 shares or 0.02% of all its holdings. Teacher Retirement Of Texas holds 0.01% in Churchill Downs Incorporated (NASDAQ:CHDN) or 4,384 shares.

Among 5 analysts covering Churchill Downs (NASDAQ:CHDN), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Churchill Downs had 10 analyst reports since September 14, 2015 according to SRatingsIntel. Telsey Advisory Group maintained Churchill Downs Incorporated (NASDAQ:CHDN) on Friday, February 26 with “Outperform” rating. As per Friday, May 6, the company rating was upgraded by Hilliard Lyons. Telsey Advisory Group maintained the shares of CHDN in report on Monday, October 31 with “Outperform” rating. The stock of Churchill Downs Incorporated (NASDAQ:CHDN) has “Outperform” rating given on Friday, October 14 by Imperial Capital. Telsey Advisory Group maintained Churchill Downs Incorporated (NASDAQ:CHDN) on Friday, August 5 with “Outperform” rating. The firm has “Neutral” rating by JP Morgan given on Thursday, September 22. Imperial Capital maintained it with “Outperform” rating and $150 target in Monday, September 14 report.

Churchill Downs Incorporated (NASDAQ:CHDN) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *