Private Bank & Trust Co Trimmed Gaming And Leisure Pptys (GLPI) Holding By $420,000; Medifast (MED) SI Decreased By 3.98%

July 17, 2017 - By Adrian Erickson

Private Bank & Trust Co decreased Gaming And Leisure Pptys (GLPI) stake by 65.79% reported in 2016Q4 SEC filing. Private Bank & Trust Co sold 14,000 shares as Gaming And Leisure Pptys (GLPI)’s stock rose 13.43%. The Private Bank & Trust Co holds 7,280 shares with $223,000 value, down from 21,280 last quarter. Gaming And Leisure Pptys now has $7.71 billion valuation. The stock decreased 0.13% or $0.05 on July 14, reaching $37.07. About shares traded. Gaming and Leisure Properties Inc (NASDAQ:GLPI) has risen 10.92% since July 17, 2016 and is uptrending. It has underperformed by 5.78% the S&P500.

Medifast Incorporated (NYSE:MED) had a decrease of 3.98% in short interest. MED’s SI was 332,800 shares in July as released by FINRA. Its down 3.98% from 346,600 shares previously. With 51,100 avg volume, 7 days are for Medifast Incorporated (NYSE:MED)’s short sellers to cover MED’s short positions. The SI to Medifast Incorporated’s float is 3.69%. The stock increased 1.46% or $0.59 on July 14, reaching $40.91. About shares traded. Medifast Inc (NYSE:MED) has risen 25.81% since July 17, 2016 and is uptrending. It has outperformed by 9.11% the S&P500.

Medifast, Inc. is engaged in the production, distribution and sale of weight loss, weight management and healthy living products, and other consumable health and nutritional products. The company has market cap of $495.07 million. Medifast product lines include weight loss, weight management, and healthy living meal replacements, snacks, hydration products and vitamins. It has a 24.83 P/E ratio. The Firm provides weight loss, weight management and healthy living products and programs through multiple channels of distribution, which include Take Shape For Life; its direct to consumer business unit through its Website and in-house call centers; Franchise Medifast Weight Control Centers, and a national network of physicians.

Investors sentiment decreased to 1.11 in 2016 Q4. Its down 0.30, from 1.41 in 2016Q3. It fall, as 12 investors sold Medifast Inc shares while 53 reduced holdings. 19 funds opened positions while 53 raised stakes. 10.30 million shares or 1.41% more from 10.16 million shares in 2016Q3 were reported. Systematic Fincl Management Limited Partnership accumulated 40,503 shares or 0.03% of the stock. California-based Clarivest Asset Mngmt Limited Co has invested 0.09% in Medifast Inc (NYSE:MED). Smith Asset Mngmt Gp Limited Partnership holds 2,938 shares. Numeric Invsts Ltd Llc has 474,898 shares for 0.21% of their portfolio. Lsv Asset Mngmt invested 0% in Medifast Inc (NYSE:MED). Eam Investors Lc has 23,867 shares. Jpmorgan Chase And reported 58,788 shares. Schwab Charles Mgmt invested in 40,520 shares. Kennedy Capital Inc invested in 379,828 shares or 0.28% of the stock. Secor Advisors Limited Partnership owns 11,753 shares. Connor Clark Lunn Management Ltd has 0% invested in Medifast Inc (NYSE:MED) for 5,200 shares. Pinebridge Invs Ltd Partnership holds 1,417 shares or 0% of its portfolio. 950 are owned by Blackrock. The Massachusetts-based Cadence Capital Mngmt Ltd Com has invested 0.07% in Medifast Inc (NYSE:MED). Moreover, Cambridge Inv Rech Advisors has 0% invested in Medifast Inc (NYSE:MED).

Since March 10, 2017, it had 1 buy, and 0 sales for $706,143 activity. The insider Welling Glenn W. bought 17,084 shares worth $706,143.

Among 2 analysts covering Medifast (NYSE:MED), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Medifast had 5 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was upgraded by Sidoti to “Buy” on Monday, January 11. Wunderlich initiated Medifast Inc (NYSE:MED) rating on Friday, January 29. Wunderlich has “Hold” rating and $32 target. On Monday, November 30 the stock rating was downgraded by Sidoti to “Neutral”. The firm has “Buy” rating given on Monday, October 5 by Sidoti. As per Monday, August 10, the company rating was downgraded by Zacks.

Investors sentiment increased to 1.23 in 2016 Q4. Its up 0.12, from 1.11 in 2016Q3. It is positive, as 36 investors sold GLPI shares while 78 reduced holdings. 43 funds opened positions while 97 raised stakes. 181.76 million shares or 1.04% less from 183.68 million shares in 2016Q3 were reported. Us Bank De has 10,796 shares. New York-based Gideon Cap Advisors Incorporated has invested 0.31% in Gaming and Leisure Properties Inc (NASDAQ:GLPI). First Republic Inv Mgmt owns 58,298 shares or 0.02% of their US portfolio. Retirement Planning accumulated 7,593 shares. Css Lc Il stated it has 6,700 shares. Profund holds 0.01% of its portfolio in Gaming and Leisure Properties Inc (NASDAQ:GLPI) for 7,716 shares. Bluemountain Management Llc owns 894,711 shares. Moreover, Schwab Charles Management has 0.02% invested in Gaming and Leisure Properties Inc (NASDAQ:GLPI). 291,726 were accumulated by Glob X Management Company Ltd Llc. Whittier Trust holds 310 shares or 0% of its portfolio. Secor Advsrs LP holds 45,037 shares or 0.17% of its portfolio. Da Davidson And Company owns 8,565 shares. Benjamin F Edwards And accumulated 1,000 shares or 0.01% of the stock. Rhumbline Advisers has 0.02% invested in Gaming and Leisure Properties Inc (NASDAQ:GLPI) for 254,527 shares. Amp Cap Limited has 0.01% invested in Gaming and Leisure Properties Inc (NASDAQ:GLPI) for 32,116 shares.

Since February 27, 2017, it had 1 insider purchase, and 1 sale for $6.63 million activity. The insider SCHWARTZ BARRY F bought $364,400. The insider Snyder Steven T. sold 217,839 shares worth $7.00M.

Among 8 analysts covering Gaming and Leisure Properties (NASDAQ:GLPI), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Gaming and Leisure Properties had 13 analyst reports since August 4, 2015 according to SRatingsIntel. On Tuesday, November 22 the stock rating was initiated by Buckingham Research with “Neutral”. As per Wednesday, August 10, the company rating was maintained by Deutsche Bank. The firm earned “Underperform” rating on Thursday, December 15 by Bank of America. The firm earned “Neutral” rating on Friday, April 8 by SunTrust. The company was upgraded on Wednesday, September 7 by Morgan Stanley. The firm has “Equal-Weight” rating given on Tuesday, December 13 by Morgan Stanley. The stock has “Buy” rating by Deutsche Bank on Wednesday, December 7. The firm has “Buy” rating by Zacks given on Tuesday, August 4. UBS initiated the shares of GLPI in report on Monday, September 26 with “Neutral” rating. Morgan Stanley reinitiated Gaming and Leisure Properties Inc (NASDAQ:GLPI) on Friday, April 1 with “Equal-Weight” rating.

Private Bank & Trust Co increased Ishares (IWP) stake by 5,704 shares to 35,685 valued at $3.48 million in 2016Q4. It also upped Ishares (EEM) stake by 119,786 shares and now owns 170,814 shares. At&T Inc (NYSE:T) was raised too.

Analysts await Gaming and Leisure Properties Inc (NASDAQ:GLPI) to report earnings on July, 27 before the open. They expect $0.77 earnings per share, up 6.94% or $0.05 from last year’s $0.72 per share. GLPI’s profit will be $160.15M for 12.04 P/E if the $0.77 EPS becomes a reality. After $0.79 actual earnings per share reported by Gaming and Leisure Properties Inc for the previous quarter, Wall Street now forecasts -2.53% negative EPS growth.

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