Gabelli Funds LLC boosted its holdings in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP – Free Report) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 442,300 shares of the real estate investment trust’s stock after buying an additional 8,700 shares during the quarter. Gabelli Funds LLC’s holdings in Ryman Hospitality Properties were worth $41,850,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of RHP. Royal Bank of Canada increased its holdings in Ryman Hospitality Properties by 44.1% during the first quarter. Royal Bank of Canada now owns 39,740 shares of the real estate investment trust’s stock valued at $3,634,000 after buying an additional 12,169 shares during the period. AQR Capital Management LLC increased its holdings in Ryman Hospitality Properties by 131.0% during the first quarter. AQR Capital Management LLC now owns 13,418 shares of the real estate investment trust’s stock valued at $1,227,000 after buying an additional 7,610 shares during the period. Goldman Sachs Group Inc. increased its holdings in 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 valued at $71,778,000 after buying an additional 63,507 shares during the period. Jane Street Group LLC increased its holdings in 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 valued at $3,307,000 after buying an additional 27,267 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings 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 valued at $27,000 after buying an additional 209 shares during the period. 94.48% of the stock is owned by hedge funds and other institutional investors.
Ryman Hospitality Properties Price Performance
NYSE RHP opened at $104.53 on Monday. The firm’s fifty day simple moving average is $98.56 and its two-hundred day simple moving average is $96.67. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.15. Ryman Hospitality Properties, Inc. has a 12-month low of $83.82 and a 12-month high of $112.50. The firm has a market capitalization of $6.60 billion, a P/E ratio of 27.58, a P/E/G ratio of 2.43 and a beta of 1.22.
Ryman Hospitality Properties Announces Dividend
Wall Street Analyst Weigh In
RHP has been the topic of several research reports. Weiss Ratings lowered shares of Ryman Hospitality Properties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Wells Fargo & Company lifted their price objective on shares of Ryman Hospitality Properties from $105.00 to $114.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Barclays lifted their price objective on shares of Ryman Hospitality Properties from $109.00 to $110.00 and gave the company an “overweight” rating in a report on Tuesday, April 7th. Evercore reissued an “outperform” rating and set a $115.00 price objective on shares of Ryman Hospitality Properties in a report on Friday, February 6th. Finally, Morgan Stanley lifted their price target on shares of Ryman Hospitality Properties from $105.00 to $112.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $117.56.
Check Out Our Latest Report on Ryman Hospitality Properties
Ryman Hospitality Properties 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.
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