Ryman Hospitality Properties, Inc. $RHP Position Boosted by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its stake in shares of Ryman Hospitality Properties, Inc. (NYSE:RHPFree Report) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,310 shares of the real estate investment trust’s stock after purchasing an additional 132 shares during the period. Yousif Capital Management LLC’s holdings in Ryman Hospitality Properties were worth $1,609,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of RHP. SG Americas Securities LLC lifted its position in shares of Ryman Hospitality Properties by 158.5% during the first quarter. SG Americas Securities LLC now owns 4,361 shares of the real estate investment trust’s stock worth $399,000 after purchasing an additional 2,674 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Ryman Hospitality Properties by 7.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,963 shares of the real estate investment trust’s stock worth $545,000 after purchasing an additional 405 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Ryman Hospitality Properties by 13.7% during the first quarter. Janney Montgomery Scott LLC now owns 4,854 shares of the real estate investment trust’s stock worth $444,000 after purchasing an additional 585 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of Ryman Hospitality Properties by 3.5% during the first quarter. Oppenheimer Asset Management Inc. now owns 3,828 shares of the real estate investment trust’s stock worth $350,000 after purchasing an additional 130 shares during the last quarter. Finally, Golden State Equity Partners lifted its position in shares of Ryman Hospitality Properties by 48.3% during the first quarter. Golden State Equity Partners now owns 3,229 shares of the real estate investment trust’s stock worth $295,000 after purchasing an additional 1,052 shares during the last quarter. Institutional investors own 94.48% of the company’s stock.

Insider Activity at Ryman Hospitality Properties

In related news, Director H Eric Bolton, Jr. acquired 2,000 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were acquired at an average price of $95.33 per share, for a total transaction of $190,660.00. Following the completion of the purchase, the director directly owned 2,000 shares of the company’s stock, valued at $190,660. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 5.00% of the company’s stock.

Ryman Hospitality Properties Price Performance

Shares of NYSE:RHP opened at $88.38 on Monday. The firm’s 50 day moving average is $94.81 and its two-hundred day moving average is $95.03. Ryman Hospitality Properties, Inc. has a 52 week low of $76.27 and a 52 week high of $121.77. The firm has a market capitalization of $5.57 billion, a P/E ratio of 21.09, a PEG ratio of 1.59 and a beta of 1.57. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 4.72.

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

Ryman Hospitality Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $1.15 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $4.60 annualized dividend and a dividend yield of 5.2%. Ryman Hospitality Properties’s dividend payout ratio (DPR) is presently 109.79%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on RHP shares. JPMorgan Chase & Co. started coverage on shares of Ryman Hospitality Properties in a report on Monday, June 23rd. They issued an “overweight” rating and a $117.00 target price on the stock. Wells Fargo & Company raised shares of Ryman Hospitality Properties to a “strong-buy” rating in a report on Friday, October 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Ryman Hospitality Properties in a report on Wednesday, October 8th. Cantor Fitzgerald started coverage on shares of Ryman Hospitality Properties in a report on Wednesday, October 1st. They issued an “overweight” rating and a $108.00 target price on the stock. Finally, Bank of America raised their target price on shares of Ryman Hospitality Properties from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $114.67.

View Our Latest Analysis on RHP

About Ryman Hospitality Properties

(Free Report)

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.

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

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