Sei Investments Co. trimmed its position in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) by 59.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,909 shares of the real estate investment trust’s stock after selling 17,747 shares during the quarter. Sei Investments Co.’s holdings in Ryman Hospitality Properties were worth $744,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RHP. Cable Hill Partners LLC bought a new position in shares of Ryman Hospitality Properties during the third quarter worth $109,000. Advisor Group Inc. boosted its position in shares of Ryman Hospitality Properties by 59.0% during the second quarter. Advisor Group Inc. now owns 1,740 shares of the real estate investment trust’s stock worth $110,000 after purchasing an additional 646 shares in the last quarter. ARP Americas LLC bought a new position in shares of Ryman Hospitality Properties during the third quarter worth $231,000. Profund Advisors LLC raised its holdings in shares of Ryman Hospitality Properties by 5.2% during the second quarter. Profund Advisors LLC now owns 3,622 shares of the real estate investment trust’s stock worth $232,000 after acquiring an additional 178 shares during the period. Finally, IHT Wealth Management LLC acquired a new stake in shares of Ryman Hospitality Properties during the second quarter worth $239,000. 87.30% of the stock is currently owned by institutional investors.

Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) traded down $0.22 during trading hours on Friday, hitting $68.25. 126,102 shares of the company were exchanged, compared to its average volume of 176,414. Ryman Hospitality Properties, Inc. has a fifty-two week low of $57.78 and a fifty-two week high of $70.77. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 4.46. The firm has a market capitalization of $3,494.13, a price-to-earnings ratio of 12.78, a price-to-earnings-growth ratio of 2.56 and a beta of 1.16.

Ryman Hospitality Properties (NYSE:RHP) last issued its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.38. Ryman Hospitality Properties had a net margin of 13.10% and a return on equity of 43.45%. The business had revenue of $264.70 million for the quarter, compared to analyst estimates of $268.97 million. During the same period last year, the business posted $1.28 earnings per share. The firm’s quarterly revenue was down 2.6% on a year-over-year basis. equities analysts predict that Ryman Hospitality Properties, Inc. will post 5.47 earnings per share for the current year.

In other Ryman Hospitality Properties news, CEO Colin V. Reed purchased 10,000 shares of the stock in a transaction on Friday, November 10th. The shares were purchased at an average cost of $66.15 per share, for a total transaction of $661,500.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Colin V. Reed sold 19,280 shares of Ryman Hospitality Properties stock in a transaction on 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. Company insiders own 3.40% of the company’s stock.

A number of equities research analysts recently commented on RHP shares. SunTrust Banks restated a “hold” rating and set a $60.00 price objective on shares of Ryman Hospitality Properties in a report on Friday, November 10th. Zacks Investment Research lowered shares of Ryman Hospitality Properties from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 24th. Finally, BidaskClub upgraded shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $65.75.

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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.

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

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