Ryman Hospitality Properties Inc. (NYSE:RHP) CEO Colin V. Reed bought 8,040 shares of the firm’s stock in a transaction on Friday, October 14th. The stock was bought at an average cost of $49.75 per share, for a total transaction of $399,990.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Ryman Hospitality Properties Inc. (NYSE:RHP) traded up 0.02% during mid-day trading on Friday, reaching $49.67. 471,088 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $50.54 and a 200 day moving average price of $51.68. Ryman Hospitality Properties Inc. has a 52 week low of $41.50 and a 52 week high of $61.02. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 17.87 and a beta of 0.99.

Ryman Hospitality Properties (NYSE:RHP) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.64. The firm earned $293.20 million during the quarter, compared to analysts’ expectations of $291.26 million. Ryman Hospitality Properties had a return on equity of 39.46% and a net margin of 12.76%. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.45 EPS. Equities research analysts predict that Ryman Hospitality Properties Inc. will post $2.92 EPS for the current year.

Insider Buying and Selling by Quarter for Ryman Hospitality Properties (NYSE:RHP)

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date is Wednesday, September 28th. Ryman Hospitality Properties’s dividend payout ratio is presently 107.91%.

A number of research firms have commented on RHP. Deutsche Bank AG set a $61.00 target price on shares of Ryman Hospitality Properties and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Zacks Investment Research cut shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, July 5th. SunTrust Banks Inc. reaffirmed a “neutral” rating on shares of Ryman Hospitality Properties in a research report on Sunday, July 24th. Citigroup Inc. upped their target price on shares of Ryman Hospitality Properties from $49.00 to $56.00 and gave the company a “neutral” rating in a research report on Wednesday, August 17th. Finally, Bank of America Corp. reaffirmed a “hold” rating on shares of Ryman Hospitality Properties in a research report on Monday, July 18th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $47.14.

A number of hedge funds have recently bought and sold shares of RHP. Vanguard Group Inc. boosted its stake in Ryman Hospitality Properties by 4.7% in the second quarter. Vanguard Group Inc. now owns 7,749,738 shares of the company’s stock worth $392,525,000 after buying an additional 349,844 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Ryman Hospitality Properties by 6.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,713,406 shares of the company’s stock worth $86,784,000 after buying an additional 97,824 shares in the last quarter. Gabelli Funds LLC boosted its stake in Ryman Hospitality Properties by 1.4% in the second quarter. Gabelli Funds LLC now owns 1,299,221 shares of the company’s stock worth $65,806,000 after buying an additional 18,500 shares in the last quarter. Hamlin Capital Management LLC boosted its stake in Ryman Hospitality Properties by 6.3% in the second quarter. Hamlin Capital Management LLC now owns 1,215,618 shares of the company’s stock worth $61,571,000 after buying an additional 71,747 shares in the last quarter. Finally, WS Management Lllp boosted its stake in Ryman Hospitality Properties by 19.1% in the second quarter. WS Management Lllp now owns 1,198,600 shares of the company’s stock worth $60,709,000 after buying an additional 192,400 shares in the last quarter. Hedge funds and other institutional investors own 89.02% of the company’s stock.

Ryman Hospitality Properties Inc is a finance company in the Specialized REITs industry.

5 Day Chart for NYSE:RHP

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