Universal Beteiligungs und Servicegesellschaft mbH Sells 6,032 Shares of Ryman Hospitality Properties, Inc. $RHP

Universal Beteiligungs und Servicegesellschaft mbH decreased its stake in Ryman Hospitality Properties, Inc. (NYSE:RHP) by 6.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,439 shares of the real estate investment trust’s stock after selling 6,032 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.14% of Ryman Hospitality Properties worth $8,102,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Royal Bank of Canada increased its position in Ryman Hospitality Properties by 44.1% during the 1st quarter. Royal Bank of Canada now owns 39,740 shares of the real estate investment trust’s stock valued at $3,634,000 after purchasing an additional 12,169 shares during the period. AQR Capital Management LLC boosted its stake in shares of Ryman Hospitality Properties by 131.0% in the 1st quarter. AQR Capital Management LLC now owns 13,418 shares of the real estate investment trust’s stock valued at $1,227,000 after purchasing an additional 7,610 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Ryman Hospitality Properties by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 784,970 shares of the real estate investment trust’s stock worth $71,778,000 after buying an additional 63,507 shares during the period. Jane Street Group LLC increased its position in shares of Ryman Hospitality Properties by 306.5% during the first quarter. Jane Street Group LLC now owns 36,162 shares of the real estate investment trust’s stock worth $3,307,000 after buying an additional 27,267 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in Ryman Hospitality Properties by 240.2% during the first quarter. Geneos Wealth Management Inc. now owns 296 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 209 shares during the last quarter. 94.48% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ryman Hospitality Properties

In other Ryman Hospitality Properties news, Chairman Colin V. Reed acquired 8,993 shares of Ryman Hospitality Properties stock in a transaction dated Friday, November 7th. The stock was purchased at an average cost of $92.16 per share, for a total transaction of $828,794.88. Following the completion of the acquisition, the chairman directly owned 888,010 shares of the company’s stock, valued at $81,839,001.60. This represents a 1.02% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 5.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Morgan Stanley set a $88.00 price target on Ryman Hospitality Properties in a report on Friday, January 16th. Wall Street Zen upgraded Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $131.00 price target on shares of Ryman Hospitality Properties in a research note on Tuesday, January 13th. Evercore ISI reduced their price objective on shares of Ryman Hospitality Properties from $120.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Finally, Cantor Fitzgerald assumed coverage on shares of Ryman Hospitality Properties in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $108.00 price objective for the company. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $110.27.

Ryman Hospitality Properties Stock Down 1.0%

Shares of NYSE:RHP opened at $95.42 on Monday. The company has a debt-to-equity ratio of 4.98, a quick ratio of 1.49 and a current ratio of 1.49. Ryman Hospitality Properties, Inc. has a 52-week low of $76.27 and a 52-week high of $108.42. The business’s 50 day simple moving average is $94.99 and its two-hundred day simple moving average is $94.77. The firm has a market cap of $6.01 billion, a P/E ratio of 25.24, a PEG ratio of 2.42 and a beta of 1.22.

Ryman Hospitality Properties (NYSE:RHP) last issued its earnings results on Tuesday, November 4th. The real estate investment trust reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.04. Ryman Hospitality Properties had a return on equity of 34.50% and a net margin of 9.58%.The company had revenue of $592.46 million for the quarter, compared to analyst estimates of $573.40 million. During the same period in the prior year, the firm earned $1.93 earnings per share. Ryman Hospitality Properties’s revenue for the quarter was up 7.7% on a year-over-year basis. As a group, research analysts forecast that Ryman Hospitality Properties, Inc. will post 8.81 EPS for the current fiscal year.

Ryman Hospitality Properties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a dividend of $1.20 per share. The ex-dividend date was Wednesday, December 31st. This is a positive change from Ryman Hospitality Properties’s previous quarterly dividend of $1.15. This represents a $4.80 annualized dividend and a yield of 5.0%. Ryman Hospitality Properties’s dividend payout ratio is currently 126.98%.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership and operation of group‐oriented, large convention center hotel resorts. The company’s portfolio is anchored by its Gaylord Hotels brand, offering integrated resort, convention, entertainment and dining experiences under long‐term management agreements with Marriott International.

Ryman’s flagship properties include Gaylord Opryland Resort & Convention Center in Nashville, Gaylord Texan Resort & Convention Center near Dallas/Fort Worth and Gaylord Palms Resort & Convention Center in Orlando, Florida.