Ryman Hospitality Properties, Inc. $RHP Shares Acquired by Aberdeen Group plc

Aberdeen Group plc lifted its stake in Ryman Hospitality Properties, Inc. (NYSE:RHP) by 13.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,692 shares of the real estate investment trust’s stock after buying an additional 2,041 shares during the quarter. Aberdeen Group plc’s holdings in Ryman Hospitality Properties were worth $1,746,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. First Community Trust NA lifted its holdings in Ryman Hospitality Properties by 20.0% in the second quarter. First Community Trust NA now owns 600 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 100 shares during the period. Norinchukin Bank The increased its holdings in shares of Ryman Hospitality Properties by 4.5% during the 1st quarter. Norinchukin Bank The now owns 2,765 shares of the real estate investment trust’s stock valued at $253,000 after purchasing an additional 120 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of Ryman Hospitality Properties by 3.5% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,828 shares of the real estate investment trust’s stock valued at $350,000 after purchasing an additional 130 shares during the period. Golden State Equity Partners boosted its holdings in Ryman Hospitality Properties by 4.4% during the second quarter. Golden State Equity Partners now owns 3,371 shares of the real estate investment trust’s stock worth $333,000 after buying an additional 142 shares in the last quarter. Finally, Brown Advisory Inc. boosted its holdings in Ryman Hospitality Properties by 6.5% during the first quarter. Brown Advisory Inc. now owns 2,503 shares of the real estate investment trust’s stock worth $229,000 after buying an additional 153 shares in the last quarter. 94.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director H Eric Bolton, Jr. acquired 2,000 shares of Ryman Hospitality Properties stock in a transaction that occurred on Thursday, August 14th. The shares were purchased at an average price of $95.33 per share, for a total transaction of $190,660.00. Following the completion of the transaction, the director owned 2,000 shares in the company, valued at $190,660. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 5.00% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Ryman Hospitality Properties Stock Performance

NYSE:RHP opened at $88.38 on Friday. The company has a market cap of $5.57 billion, a P/E ratio of 21.09, a P/E/G ratio of 1.59 and a beta of 1.57. Ryman Hospitality Properties, Inc. has a twelve month low of $76.27 and a twelve month high of $121.77. The company’s 50-day moving average price is $94.81 and its 200-day moving average price is $94.96. 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:RHP) last announced its quarterly earnings data on Monday, August 4th. The real estate investment trust reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.04. The company had revenue of $659.52 million during the quarter, compared to analysts’ expectations 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 company earned $2.78 EPS. Ryman Hospitality Properties has set its FY 2025 guidance at 7.930-8.490 EPS. On average, sell-side analysts forecast that Ryman Hospitality Properties, Inc. will post 8.81 earnings per share for the current fiscal year.

Ryman Hospitality Properties Dividend Announcement

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

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 seven largest non-gaming convention center hotels in the United States based on total indoor meeting space.