Deutsche Bank AG reissued their buy rating on shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) in a research report released on Thursday morning. The brokerage currently has a $70.00 price objective on the real estate investment trust’s stock, down from their previous price objective of $71.00.

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research raised Ryman Hospitality Properties from a sell rating to a buy rating and set a $71.00 price target for the company in a report on Thursday, May 4th. BidaskClub raised Ryman Hospitality Properties from a hold rating to a buy rating in a report on Wednesday, June 14th. Raymond James Financial, Inc. reaffirmed a market perform rating on shares of Ryman Hospitality Properties in a report on Friday, July 14th. Finally, UBS AG downgraded Ryman Hospitality Properties from an outperform rating to a market perform rating in a report on Friday, July 14th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of $63.00.

Shares of Ryman Hospitality Properties (NYSE:RHP) traded up 1.70% during trading on Thursday, hitting $59.21. 38,647 shares of the company traded hands. The firm has a 50 day moving average price of $62.78 and a 200-day moving average price of $63.23. Ryman Hospitality Properties has a one year low of $47.31 and a one year high of $67.97. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 18.74 and a beta of 1.15.

Ryman Hospitality Properties (NYSE:RHP) last announced its quarterly earnings results on Tuesday, August 8th. The real estate investment trust reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.03. Ryman Hospitality Properties had a return on equity of 46.19% and a net margin of 13.86%. The business had revenue of $298.80 million during the quarter, compared to the consensus estimate of $296.01 million. During the same quarter last year, the firm posted $1.59 EPS. The company’s quarterly revenue was up .9% on a year-over-year basis. Analysts predict that Ryman Hospitality Properties will post $3.03 EPS for the current year.

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In other Ryman Hospitality Properties news, CEO Colin V. Reed sold 30,000 shares of the stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $63.44, for a total transaction of $1,903,200.00. Following the transaction, the chief executive officer now owns 101,930 shares in the company, valued at approximately $6,466,439.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jennifer L. Hutcheson sold 3,644 shares of the stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $66.55, for a total value of $242,508.20. Following the transaction, the senior vice president now owns 8,845 shares in the company, valued at approximately $588,634.75. The disclosure for this sale can be found here. Insiders have sold a total of 63,644 shares of company stock worth $4,085,008 in the last quarter. Company insiders own 3.40% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of RHP. Advisor Group Inc. boosted its position in Ryman Hospitality Properties by 59.0% in the second quarter. Advisor Group Inc. now owns 1,740 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 646 shares during the last quarter. James Investment Research Inc. purchased a new position in Ryman Hospitality Properties during the first quarter valued at $141,000. Creative Planning boosted its position in Ryman Hospitality Properties by 74.6% in the first quarter. Creative Planning now owns 2,809 shares of the real estate investment trust’s stock valued at $174,000 after buying an additional 1,200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Ryman Hospitality Properties by 42.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,610 shares of the real estate investment trust’s stock valued at $223,000 after buying an additional 1,079 shares during the last quarter. Finally, Profund Advisors LLC boosted its position in Ryman Hospitality Properties by 5.2% in the second quarter. Profund Advisors LLC now owns 3,622 shares of the real estate investment trust’s stock valued at $232,000 after buying an additional 178 shares during the last quarter. Hedge funds and other institutional investors own 86.92% of the company’s stock.

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

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