Ryman Hospitality Properties Inc. (NYSE:RHP) SVP Jennifer L. Hutcheson sold 1,502 shares of the firm’s stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of $52.84, for a total transaction of $79,365.68. Following the completion of the transaction, the senior vice president now directly owns 10,590 shares of the company’s stock, valued at approximately $559,575.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of Ryman Hospitality Properties Inc. (NYSE:RHP) opened at 53.74 on Friday. Ryman Hospitality Properties Inc. has a 52 week low of $41.50 and a 52 week high of $56.77. The firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of 18.40 and a beta of 0.78. The company’s 50-day moving average is $49.95 and its 200 day moving average is $51.65.

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

The business also recently declared a quarterly dividend, which was paid on Friday, October 14th. Investors of record on Friday, September 30th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend was Wednesday, September 28th. Ryman Hospitality Properties’s dividend payout ratio (DPR) is 102.74%.

A number of institutional investors have recently modified their holdings of RHP. Gilman Hill Asset Management LLC bought a new position in shares of Ryman Hospitality Properties during the second quarter valued at approximately $4,264,000. Trust Department MB Financial Bank N A raised its stake in Ryman Hospitality Properties by 150.0% in the second quarter. Trust Department MB Financial Bank N A now owns 15,000 shares of the company’s stock valued at $760,000 after buying an additional 9,000 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in Ryman Hospitality Properties by 6,633.3% in the second quarter. BNP Paribas Arbitrage SA now owns 2,222 shares of the company’s stock valued at $113,000 after buying an additional 2,189 shares during the last quarter. Hillcrest Asset Management LLC acquired a new stake in Ryman Hospitality Properties during the first quarter valued at about $7,383,000. Finally, A.R.T. Advisors LLC acquired a new stake in Ryman Hospitality Properties during the first quarter valued at about $605,000. 89.61% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently issued reports on RHP. Bank of America Corp. reaffirmed a “hold” rating on shares of Ryman Hospitality Properties in a research report on Monday, July 18th. SunTrust Banks Inc. reaffirmed a “neutral” rating on shares of Ryman Hospitality Properties in a research report on Sunday, July 24th. Deutsche Bank AG set a $61.00 price objective on shares of Ryman Hospitality Properties and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Zacks Investment Research raised shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research report on Friday, August 5th. Finally, Citigroup Inc. lifted their price objective on shares of Ryman Hospitality Properties from $49.00 to $56.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $48.71.

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

5 Day Chart for NYSE:RHP

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