Ryman Hospitality Properties, Inc. $RHP Stock Holdings Raised by Cooke & Bieler LP

Cooke & Bieler LP raised its stake in Ryman Hospitality Properties, Inc. (NYSE:RHP) by 1.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 913,608 shares of the real estate investment trust’s stock after acquiring an additional 10,734 shares during the period. Cooke & Bieler LP’s holdings in Ryman Hospitality Properties were worth $90,146,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RHP. Envestnet Asset Management Inc. increased its holdings in shares of Ryman Hospitality Properties by 12.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 73,847 shares of the real estate investment trust’s stock valued at $6,753,000 after acquiring an additional 8,261 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Ryman Hospitality Properties by 7.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,963 shares of the real estate investment trust’s stock valued at $545,000 after acquiring an additional 405 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Ryman Hospitality Properties by 53.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,483 shares of the real estate investment trust’s stock valued at $692,000 after acquiring an additional 2,615 shares during the last quarter. Teacher Retirement System of Texas increased its stake in Ryman Hospitality Properties by 44.3% during the first quarter. Teacher Retirement System of Texas now owns 16,692 shares of the real estate investment trust’s stock valued at $1,526,000 after purchasing an additional 5,125 shares during the last quarter. Finally, Amalgamated Bank increased its stake in Ryman Hospitality Properties by 751.6% during the first quarter. Amalgamated Bank now owns 17,040 shares of the real estate investment trust’s stock valued at $1,558,000 after purchasing an additional 15,039 shares during the last quarter. 94.48% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

RHP has been the subject of several recent research reports. Bank of America boosted their target price on shares of Ryman Hospitality Properties from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Wells Fargo & Company raised shares of Ryman Hospitality Properties to a “strong-buy” rating in a research report on Friday, October 3rd. Morgan Stanley began coverage on shares of Ryman Hospitality Properties in a research report on Wednesday, October 22nd. They set an “equal weight” rating and a $92.00 price objective for the company. Cantor Fitzgerald began coverage on Ryman Hospitality Properties in a report on Wednesday, October 1st. They set an “overweight” rating and a $108.00 target price for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ryman Hospitality Properties in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.40.

Ryman Hospitality Properties Trading Up 1.2%

NYSE:RHP opened at $86.91 on Friday. Ryman Hospitality Properties, Inc. has a 1 year low of $76.27 and a 1 year high of $121.77. The stock has a market cap of $5.48 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 1.60 and a beta of 1.57. The business has a fifty day moving average of $93.25 and a 200-day moving average of $95.23. The company has a debt-to-equity ratio of 4.72, a quick ratio of 1.63 and a current ratio of 1.63.

Ryman Hospitality Properties (NYSE:RHP) last announced its earnings results on Monday, August 4th. The real estate investment trust reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.04. The firm had revenue of $659.52 million during the quarter, compared to analyst estimates of $616.56 million. Ryman Hospitality Properties had a net margin of 10.74% and a return on equity of 41.65%. Ryman Hospitality Properties’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.78 EPS. Ryman Hospitality Properties has set its FY 2025 guidance at 7.930-8.490 EPS. Equities analysts predict that Ryman Hospitality Properties, Inc. will post 8.81 earnings per share for the current year.

Ryman Hospitality Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Tuesday, September 30th. Ryman Hospitality Properties’s dividend payout ratio is currently 109.79%.

Insider Buying and Selling at Ryman Hospitality Properties

In related news, Director H Eric Bolton, Jr. purchased 2,000 shares of Ryman Hospitality Properties stock in a transaction dated Thursday, August 14th. The stock was bought at an average cost of $95.33 per share, with a total value of $190,660.00. Following the purchase, the director owned 2,000 shares in the company, valued at approximately $190,660. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 5.00% of the company’s stock.

Ryman Hospitality Properties Profile

Ryman Hospitality Properties, Inc (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space.