Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP) CEO Colin V. Reed purchased 5,995 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The stock was purchased at an average cost of $75.81 per share, for a total transaction of $454,480.95. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Colin V. Reed also recently made the following trade(s):

  • On Friday, November 10th, Colin V. Reed purchased 10,000 shares of Ryman Hospitality Properties stock. The stock was purchased at an average cost of $66.15 per share, for a total transaction of $661,500.00.
  • On Monday, November 13th, Colin V. Reed purchased 20,000 shares of Ryman Hospitality Properties stock. The stock was purchased at an average cost of $65.98 per share, for a total transaction of $1,319,600.00.

Shares of Ryman Hospitality Properties, Inc. (RHP) traded down $0.68 during trading hours on Thursday, reaching $75.54. 345,391 shares of the company traded hands, compared to its average volume of 291,483. Ryman Hospitality Properties, Inc. has a one year low of $57.78 and a one year high of $76.51. The stock has a market capitalization of $3,818.73, a price-to-earnings ratio of 25.61, a PEG ratio of 1.68 and a beta of 1.18. The company has a debt-to-equity ratio of 4.46, a current ratio of 0.87 and a quick ratio of 0.87.

Ryman Hospitality Properties (NYSE:RHP) last announced its earnings results on Tuesday, November 7th. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.38. Ryman Hospitality Properties had a net margin of 13.10% and a return on equity of 43.45%. The company had revenue of $264.70 million during the quarter, compared to analyst estimates of $268.97 million. During the same period in the previous year, the business earned $1.28 earnings per share. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. equities analysts predict that Ryman Hospitality Properties, Inc. will post 5.47 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Friday, December 29th were given a $0.80 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $3.20 annualized dividend and a yield of 4.24%. Ryman Hospitality Properties’s dividend payout ratio (DPR) is presently 108.47%.

Large investors have recently made changes to their positions in the stock. Cable Hill Partners LLC purchased a new position in Ryman Hospitality Properties in the third quarter worth $109,000. Advisor Group Inc. grew its position in Ryman Hospitality Properties by 59.0% in the second quarter. Advisor Group Inc. now owns 1,740 shares of the real estate investment trust’s stock worth $110,000 after acquiring an additional 646 shares in the last quarter. Quantbot Technologies LP purchased a new position in Ryman Hospitality Properties in the third quarter worth $161,000. ARP Americas LLC purchased a new position in Ryman Hospitality Properties in the third quarter worth $231,000. Finally, Profund Advisors LLC grew its position in Ryman Hospitality Properties by 5.2% in the second quarter. Profund Advisors LLC now owns 3,622 shares of the real estate investment trust’s stock worth $232,000 after acquiring an additional 178 shares in the last quarter. Institutional investors own 87.42% of the company’s stock.

Several research analysts have recently weighed in on RHP shares. ValuEngine raised shares of Ryman Hospitality Properties from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Zacks Investment Research raised shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Friday, November 10th. SunTrust Banks reaffirmed a “hold” rating and issued a $60.00 price target on shares of Ryman Hospitality Properties in a report on Friday, November 10th. Bank of America raised shares of Ryman Hospitality Properties from an “underperform” rating to a “buy” rating in a report on Monday, January 8th. Finally, Wells Fargo & Co raised shares of Ryman Hospitality Properties from a “market perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $67.80.

ILLEGAL ACTIVITY WARNING: “Ryman Hospitality Properties, Inc. (REIT) (RHP) CEO Colin V. Reed Buys 5,995 Shares” was reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this report can be accessed at https://www.americanbankingnews.com/2018/01/18/ryman-hospitality-properties-inc-reit-rhp-ceo-colin-v-reed-buys-5995-shares.html.

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.

Insider Buying and Selling by Quarter for Ryman Hospitality Properties (NYSE:RHP)

Receive News & Ratings for Ryman Hospitality Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryman Hospitality Properties and related companies with MarketBeat.com's FREE daily email newsletter.