UBS Asset Management Americas Inc. lowered its stake in Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP) by 1.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,054 shares of the real estate investment trust’s stock after selling 1,094 shares during the quarter. UBS Asset Management Americas Inc. owned approximately 0.19% of Ryman Hospitality Properties, Inc. (REIT) worth $6,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Principal Financial Group Inc. boosted its stake in Ryman Hospitality Properties, Inc. (REIT) by 0.7% in the 1st quarter. Principal Financial Group Inc. now owns 6,170 shares of the real estate investment trust’s stock worth $381,000 after purchasing an additional 44 shares during the period. Blair William & Co. IL boosted its stake in Ryman Hospitality Properties, Inc. (REIT) by 0.4% in the 2nd quarter. Blair William & Co. IL now owns 16,205 shares of the real estate investment trust’s stock worth $1,037,000 after purchasing an additional 66 shares during the period. Teacher Retirement System of Texas boosted its stake in Ryman Hospitality Properties, Inc. (REIT) by 2.4% in the 1st quarter. Teacher Retirement System of Texas now owns 3,731 shares of the real estate investment trust’s stock worth $231,000 after purchasing an additional 89 shares during the period. Anchor Capital Advisors LLC boosted its stake in Ryman Hospitality Properties, Inc. (REIT) by 1.9% in the 2nd quarter. Anchor Capital Advisors LLC now owns 5,410 shares of the real estate investment trust’s stock worth $346,000 after purchasing an additional 100 shares during the period. Finally, AMG Funds LLC boosted its stake in Ryman Hospitality Properties, Inc. (REIT) by 0.4% in the 2nd quarter. AMG Funds LLC now owns 31,955 shares of the real estate investment trust’s stock worth $2,045,000 after purchasing an additional 141 shares during the period. Institutional investors and hedge funds own 86.87% of the company’s stock.

Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) opened at 62.74 on Friday. The stock’s 50 day moving average price is $60.49 and its 200-day moving average price is $62.36. Ryman Hospitality Properties, Inc. has a 12 month low of $47.96 and a 12 month high of $67.97. The company has a market cap of $3.18 billion, a P/E ratio of 19.85 and a beta of 1.17.

Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP) last released its quarterly earnings data on Tuesday, August 8th. The real estate investment trust reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.03. The firm had revenue of $298.80 million during the quarter, compared to analyst estimates of $296.01 million. Ryman Hospitality Properties, Inc. (REIT) had a return on equity of 46.19% and a net margin of 13.86%. The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.59 earnings per share. Equities research analysts expect that Ryman Hospitality Properties, Inc. will post $3.02 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date is Thursday, September 28th. Ryman Hospitality Properties, Inc. (REIT)’s dividend payout ratio (DPR) is 101.59%.

A number of analysts have recently issued reports on the company. UBS AG downgraded Ryman Hospitality Properties, Inc. (REIT) from an “outperform” rating to a “market perform” rating in a research report on Friday, July 14th. BidaskClub downgraded Ryman Hospitality Properties, Inc. (REIT) from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Ryman Hospitality Properties, Inc. (REIT) in a research report on Friday, July 14th. Zacks Investment Research downgraded Ryman Hospitality Properties, Inc. (REIT) from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $70.00 price target (down previously from $71.00) on shares of Ryman Hospitality Properties, Inc. (REIT) in a research report on Thursday, August 10th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $64.40.

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In other news, CEO Colin V. Reed sold 10,000 shares of the company’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $63.90, for a total value of $639,000.00. Following the completion of the transaction, the chief executive officer now owns 101,930 shares of the company’s stock, valued at $6,513,327. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Colin V. Reed sold 30,000 shares of the company’s stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of $63.44, for a total value of $1,903,200.00. Following the completion of the transaction, the chief executive officer now directly owns 101,930 shares of the company’s stock, valued at approximately $6,466,439.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,000 shares of company stock valued at $3,173,900. Corporate insiders own 3.40% of the company’s stock.

Ryman Hospitality Properties, Inc. (REIT) Company Profile

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, Inc. (REIT) (NYSE:RHP)

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