Quantbot Technologies LP bought a new position in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,588 shares of the real estate investment trust’s stock, valued at approximately $161,000.

Several other hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its stake in shares of Ryman Hospitality Properties by 28.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 176,376 shares of the real estate investment trust’s stock worth $11,021,000 after acquiring an additional 38,968 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Ryman Hospitality Properties by 1.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 736,038 shares of the real estate investment trust’s stock valued at $45,994,000 after buying an additional 11,892 shares in the last quarter. Bessemer Group Inc. lifted its stake in Ryman Hospitality Properties by 7.7% in the 3rd quarter. Bessemer Group Inc. now owns 45,803 shares of the real estate investment trust’s stock valued at $2,862,000 after buying an additional 3,268 shares in the last quarter. Prudential Financial Inc. lifted its stake in Ryman Hospitality Properties by 36.9% in the 3rd quarter. Prudential Financial Inc. now owns 328,899 shares of the real estate investment trust’s stock valued at $20,553,000 after buying an additional 88,570 shares in the last quarter. Finally, Gabelli Funds LLC lifted its stake in Ryman Hospitality Properties by 0.8% in the 3rd quarter. Gabelli Funds LLC now owns 1,313,400 shares of the real estate investment trust’s stock valued at $82,074,000 after buying an additional 10,500 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages recently weighed in on RHP. Zacks Investment Research lowered shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. BidaskClub lowered shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. SunTrust Banks reaffirmed a “hold” rating and issued a $60.00 price target on shares of Ryman Hospitality Properties in a research note on Friday, November 10th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $70.00 price target (down from $71.00) on shares of Ryman Hospitality Properties in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Ryman Hospitality Properties has a consensus rating of “Hold” and a consensus price target of $65.60.

Shares of Ryman Hospitality Properties, Inc. (RHP) traded down $0.04 during trading on Friday, reaching $69.44. 176,474 shares of the company were exchanged, compared to its average volume of 189,149. The stock has a market cap of $3,557.11, a price-to-earnings ratio of 13.01, a PEG ratio of 2.60 and a beta of 1.16. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.87 and a quick ratio of 0.87. Ryman Hospitality Properties, Inc. has a 1 year low of $57.78 and a 1 year high of $70.00.

Ryman Hospitality Properties (NYSE:RHP) last released its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $1.02 EPS for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.38. The company had revenue of $264.70 million during the quarter, compared to the consensus estimate of $268.97 million. Ryman Hospitality Properties had a net margin of 13.10% and a return on equity of 43.45%. Ryman Hospitality Properties’s quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.28 EPS. equities analysts anticipate that Ryman Hospitality Properties, Inc. will post 5.47 EPS for the current fiscal year.

In other Ryman Hospitality Properties news, CEO Colin V. Reed acquired 20,000 shares of the business’s stock in a transaction on Monday, November 13th. The stock was bought at an average price of $65.98 per share, for a total transaction of $1,319,600.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Colin V. Reed sold 19,280 shares of the stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $63.30, for a total transaction of $1,220,424.00. The disclosure for this sale can be found here. 3.40% of the stock is currently owned by corporate insiders.

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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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