Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) have been given a consensus recommendation of “Hold” by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $65.00.

Several equities analysts recently issued reports on RHP shares. Zacks Investment Research upgraded Ryman Hospitality Properties from a “hold” rating to a “buy” rating and set a $72.00 price objective on the stock in a research note on Wednesday, July 5th. Raymond James Financial, Inc. restated a “market perform” rating on shares of Ryman Hospitality Properties in a research note on Friday, July 14th. BidaskClub cut Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. UBS AG cut Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a research note on Friday, July 14th. Finally, Deutsche Bank AG restated a “buy” rating and set a $70.00 price objective (down from $71.00) on shares of Ryman Hospitality Properties in a research note on Thursday, August 10th.

Shares of Ryman Hospitality Properties (NYSE RHP) traded down 0.02% during trading on Wednesday, hitting $64.07. 52,317 shares of the stock were exchanged. Ryman Hospitality Properties has a 12-month low of $48.09 and a 12-month high of $67.97. The firm has a 50 day moving average of $60.78 and a 200-day moving average of $62.40. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 20.28 and a beta of 1.17.

Ryman Hospitality Properties (NYSE:RHP) last announced its quarterly earnings data on Tuesday, August 8th. The real estate investment trust reported $1.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.52 by $0.03. Ryman Hospitality Properties had a return on equity of 46.19% and a net margin of 13.86%. The firm had revenue of $298.80 million for the quarter, compared to analysts’ expectations of $296.01 million. During the same period last year, the business posted $1.59 earnings per share. The firm’s revenue for the quarter was up .9% on a year-over-year basis. On average, analysts forecast that Ryman Hospitality Properties will post $3.02 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 4.99%. The ex-dividend date is Thursday, September 28th. Ryman Hospitality Properties’s dividend payout ratio (DPR) is presently 101.59%.

In other Ryman Hospitality Properties news, CEO Colin V. Reed sold 30,000 shares of the stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $63.44, for a total value of $1,903,200.00. Following the sale, the chief executive officer now directly owns 101,930 shares of the company’s stock, valued at $6,466,439.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Colin V. Reed sold 10,000 shares of the stock in a transaction on Monday, July 17th. The stock was sold at an average price of $63.90, for a total value of $639,000.00. Following the completion of the sale, the chief executive officer now directly owns 101,930 shares in the company, valued at $6,513,327. The disclosure for this sale can be found here. Insiders have sold 69,280 shares of company stock worth $4,394,324 over the last 90 days. 3.40% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. increased its position in Ryman Hospitality Properties by 9.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 604,107 shares of the real estate investment trust’s stock worth $38,669,000 after buying an additional 50,829 shares during the period. Neuberger Berman Group LLC increased its position in Ryman Hospitality Properties by 14.0% in the second quarter. Neuberger Berman Group LLC now owns 158,114 shares of the real estate investment trust’s stock worth $10,121,000 after buying an additional 19,474 shares during the period. Anchor Capital Advisors LLC increased its position in Ryman Hospitality Properties by 1.9% in the second quarter. Anchor Capital Advisors LLC now owns 5,410 shares of the real estate investment trust’s stock worth $346,000 after buying an additional 100 shares during the period. Overbrook Management Corp increased its position in Ryman Hospitality Properties by 3.1% in the second quarter. Overbrook Management Corp now owns 537,535 shares of the real estate investment trust’s stock worth $34,408,000 after buying an additional 16,279 shares during the period. Finally, Tudor Investment Corp ET AL increased its position in Ryman Hospitality Properties by 50.5% in the first quarter. Tudor Investment Corp ET AL now owns 5,267 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 1,767 shares during the period. 86.87% of the stock is currently owned by hedge funds and other institutional investors.

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Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc owns and operates hotels in the United States. Its Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince George’s County, Maryland.

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