Natixis Advisors L.P. lessened its position in Ryman Hospitality Properties, Inc. (NYSE:RHP – Free Report) by 2.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,033 shares of the real estate investment trust’s stock after selling 561 shares during the period. Natixis Advisors L.P.’s holdings in Ryman Hospitality Properties were worth $2,067,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. KB Financial Partners LLC bought a new stake in shares of Ryman Hospitality Properties in the 1st quarter worth $25,000. Lazard Asset Management LLC raised its stake in shares of Ryman Hospitality Properties by 667.4% in the 1st quarter. Lazard Asset Management LLC now owns 330 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 287 shares in the last quarter. Lindbrook Capital LLC raised its stake in shares of Ryman Hospitality Properties by 561.1% in the 1st quarter. Lindbrook Capital LLC now owns 357 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 303 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of Ryman Hospitality Properties in the 4th quarter worth $38,000. Finally, Rockefeller Capital Management L.P. raised its stake in shares of Ryman Hospitality Properties by 118.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 517 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 280 shares in the last quarter. Institutional investors own 91.23% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on RHP. JPMorgan Chase & Co. dropped their price objective on Ryman Hospitality Properties from $93.00 to $88.00 and set an “underweight” rating on the stock in a research note on Monday, August 7th. Deutsche Bank Aktiengesellschaft boosted their target price on Ryman Hospitality Properties from $128.00 to $129.00 and gave the stock a “buy” rating in a research report on Monday, August 7th. Wells Fargo & Company boosted their target price on Ryman Hospitality Properties from $96.00 to $107.00 in a research report on Wednesday, July 12th. Finally, StockNews.com began coverage on Ryman Hospitality Properties in a research report on Thursday, August 17th. They set a “sell” rating on the stock. Two investment analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Ryman Hospitality Properties currently has a consensus rating of “Hold” and a consensus target price of $105.40.
Insider Buying and Selling at Ryman Hospitality Properties
In other news, Director William E. Haslam bought 11,507 shares of the stock in a transaction on Monday, August 14th. The shares were purchased at an average price of $86.90 per share, for a total transaction of $999,958.30. Following the completion of the purchase, the director now directly owns 11,507 shares of the company’s stock, valued at approximately $999,958.30. The purchase was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.30% of the company’s stock.
Ryman Hospitality Properties Stock Up 0.5 %
NYSE:RHP opened at $85.42 on Friday. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.20 and a beta of 1.56. Ryman Hospitality Properties, Inc. has a 1-year low of $71.63 and a 1-year high of $98.60. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 6.78. The business’s fifty day moving average price is $90.22 and its 200 day moving average price is $90.76.
Ryman Hospitality Properties Company 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 ten largest non-gaming convention center hotels in the United States based on total indoor meeting space.
Featured Stories
- Five stocks we like better than Ryman Hospitality Properties
- Comparing and Trading High PE Ratio Stocks
- MarketBeat Week in Review – 8/28 – 9/1
- There Are Different Types of Stock To Invest In
- 2 Stocks That Doubled EPS Estimates and Flashing Buy Signals
- Investing in the High PE Growth Stocks
- Toyota vs Tesla: The Tortoise And The Hare Race Has A New Meaning
Receive News & Ratings for Ryman Hospitality Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryman Hospitality Properties and related companies with MarketBeat.com's FREE daily email newsletter.