LSV Asset Management continued to hold its position in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,700 shares of the real estate investment trust’s stock at the end of the 2nd quarter. LSV Asset Management owned about 0.06% of Ryman Hospitality Properties worth $2,029,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Ryman Hospitality Properties by 42.6% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,610 shares of the real estate investment trust’s stock valued at $223,000 after acquiring an additional 1,079 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of Ryman Hospitality Properties by 2.4% during the 1st quarter. Teacher Retirement System of Texas now owns 3,731 shares of the real estate investment trust’s stock valued at $231,000 after acquiring an additional 89 shares in the last quarter. Stoneridge Investment Partners LLC acquired a new stake in shares of Ryman Hospitality Properties during the 2nd quarter valued at $258,000. Daiwa Securities Group Inc. boosted its holdings in shares of Ryman Hospitality Properties by 12.2% during the 2nd quarter. Daiwa Securities Group Inc. now owns 4,600 shares of the real estate investment trust’s stock valued at $294,000 after acquiring an additional 500 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Ryman Hospitality Properties during the 1st quarter valued at $316,000. 86.87% of the stock is currently owned by institutional investors.

In other news, CEO Colin V. Reed sold 10,000 shares of the stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $63.90, for a total transaction of $639,000.00. Following the completion of the sale, the chief executive officer now directly owns 101,930 shares in the company, valued at $6,513,327. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Colin V. Reed sold 30,000 shares of the stock in a transaction dated 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 sale, the chief executive officer now owns 101,930 shares of the company’s stock, valued at $6,466,439.20. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,000 shares of company stock valued at $3,173,900. Company insiders own 3.40% of the company’s stock.

Ryman Hospitality Properties, Inc. (RHP) opened at 61.38 on Thursday. Ryman Hospitality Properties, Inc. has a 52-week low of $47.31 and a 52-week high of $67.97. The stock has a 50 day moving average price of $59.81 and a 200 day moving average price of $62.42. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 19.42 and a beta of 1.14.

Ryman Hospitality Properties (NYSE:RHP) last posted 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 net margin of 13.86% and a return on equity of 46.19%. The business had revenue of $298.80 million during the quarter, compared to analyst estimates of $296.01 million. During the same period in the prior year, the business posted $1.59 earnings per share. The company’s revenue was up .9% on a year-over-year basis. Equities research analysts forecast that Ryman Hospitality Properties, Inc. will post $3.02 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be given a dividend of $0.80 per share. The ex-dividend date is Thursday, September 28th. This represents a $3.20 annualized dividend and a yield of 5.21%. Ryman Hospitality Properties’s payout ratio is 101.59%.

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RHP has been the topic of several recent research reports. Zacks Investment Research raised Ryman Hospitality Properties from a “hold” rating to a “buy” rating and set a $72.00 price objective on the stock in a report on Wednesday, July 5th. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Ryman Hospitality Properties in a report on Friday, July 14th. BidaskClub downgraded Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. UBS AG downgraded Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a report on Friday, July 14th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $70.00 price objective (down previously from $71.00) on shares of Ryman Hospitality Properties in a report on Thursday, August 10th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $64.40.

About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc owns and operates hotels in the United States. Its Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince George’s County, Maryland.

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

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