Ryman Hospitality Properties (RHP) Shares Sold by Federated Investors Inc. PA

Federated Investors Inc. PA lessened its stake in Ryman Hospitality Properties (NYSE:RHP) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 679,485 shares of the real estate investment trust’s stock after selling 9,255 shares during the quarter. Federated Investors Inc. PA owned about 1.33% of Ryman Hospitality Properties worth $52,626,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MetLife Investment Advisors LLC acquired a new position in shares of Ryman Hospitality Properties in the 4th quarter valued at $1,411,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Ryman Hospitality Properties by 19.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,500 shares of the real estate investment trust’s stock valued at $311,000 after acquiring an additional 726 shares during the period. Swiss National Bank raised its stake in shares of Ryman Hospitality Properties by 2.2% in the 4th quarter. Swiss National Bank now owns 78,500 shares of the real estate investment trust’s stock valued at $5,418,000 after acquiring an additional 1,700 shares during the period. Suntrust Banks Inc. purchased a new position in shares of Ryman Hospitality Properties in the 4th quarter valued at $205,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of Ryman Hospitality Properties by 124.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 338,362 shares of the real estate investment trust’s stock valued at $23,354,000 after acquiring an additional 187,418 shares during the period. Institutional investors own 86.63% of the company’s stock.

In other Ryman Hospitality Properties news, CEO Colin V. Reed acquired 6,142 shares of the company’s stock in a transaction dated Tuesday, April 17th. The stock was bought at an average price of $79.34 per share, for a total transaction of $487,306.28. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 3.20% of the company’s stock.



A number of equities analysts have recently commented on the stock. SunTrust Banks raised their target price on shares of Ryman Hospitality Properties to $70.00 and gave the company an “outperform” rating in a research note on Monday, February 26th. They noted that the move was a valuation call. Deutsche Bank raised their target price on shares of Ryman Hospitality Properties from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Monday, February 26th. Bank of America raised their target price on shares of Ryman Hospitality Properties from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, February 26th. Citigroup raised their target price on shares of Ryman Hospitality Properties from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, March 1st. Finally, ValuEngine raised shares of Ryman Hospitality Properties from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $78.83.

Ryman Hospitality Properties opened at $82.15 on Tuesday, Marketbeat reports. Ryman Hospitality Properties has a 12-month low of $57.78 and a 12-month high of $83.20. The firm has a market cap of $4.17 billion, a P/E ratio of 14.78, a PEG ratio of 1.85 and a beta of 1.18. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 4.58.

Ryman Hospitality Properties (NYSE:RHP) last announced its quarterly earnings data on Tuesday, May 1st. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.66). Ryman Hospitality Properties had a net margin of 14.27% and a return on equity of 48.28%. The business had revenue of $288.40 million during the quarter, compared to analyst estimates of $283.46 million. During the same quarter in the prior year, the company posted $1.22 EPS. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. equities analysts expect that Ryman Hospitality Properties will post 5.91 EPS for the current fiscal year.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc (NYSE:RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company's owned assets include a network of four upscale, meetings-focused resorts totaling 7,811 rooms that are managed by lodging operator Marriott International, Inc under the Gaylord Hotels brand.

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Institutional Ownership by Quarter for Ryman Hospitality Properties (NYSE:RHP)

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