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RYMAN HOSPITALITY PROPERTIES, INC. (REIT) (NYSE:RHP) CEO Colin V. Reed unloaded 73,193 shares of the company’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $49.22, for a total transaction of $3,602,559.46. Following the completion of the sale, the chief executive officer now directly owns 790,017 shares of the company’s stock, valued at approximately $38,884,637. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of RYMAN HOSPITALITY PROPERTIES, INC. (NYSE:RHP) traded up 0.57% during mid-day trading on Monday, hitting $49.23. 454,625 shares of the company’s stock traded hands. RYMAN HOSPITALITY PROPERTIES, INC. has a 52-week low of $32.97 and a 52-week high of $50.24. The stock has a 50-day moving average of $48.40 and a 200-day moving average of $44.99. The company has a market cap of $2.477 billion and a P/E ratio of 38.00.

RYMAN HOSPITALITY PROPERTIES, INC. (REIT) (NYSE:RHP) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.50. The company had revenue of $246.45 million for the quarter, compared to the consensus estimate of $222.11 million. During the same quarter in the previous year, the company posted $1.29 earnings per share. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. Analysts expect that RYMAN HOSPITALITY PROPERTIES, INC. will post $1.60 EPS for the current fiscal year.

RHP has been the subject of a number of recent research reports. Analysts at Deutsche Bank upgraded shares of RYMAN HOSPITALITY PROPERTIES, INC. (REIT) from a “hold” rating to a “buy” rating in a research note on Monday, June 23rd. They now have a $58.00 price target on the stock, up previously from $46.00. Separately, analysts at Nomura raised their price target on shares of RYMAN HOSPITALITY PROPERTIES, INC. (REIT) from $52.00 to $53.00 in a research note on Friday, May 30th. Finally, analysts at JMP Securities reiterated a “market outperform” rating on shares of RYMAN HOSPITALITY PROPERTIES, INC. (REIT) in a research note on Wednesday, May 7th. They now have a $54.00 price target on the stock, up previously from $49.00. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. RYMAN HOSPITALITY PROPERTIES, INC. (REIT) currently has an average rating of “Hold” and an average price target of $45.66.

RYMAN HOSPITALITY PROPERTIES, INC. (REIT) is a financials company in the Specialized REITs industry.

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