Kennedy Capital Management LLC Purchases 8,113 Shares of Ryman Hospitality Properties, Inc. $RHP

Kennedy Capital Management LLC raised its position in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 112,253 shares of the real estate investment trust’s stock after purchasing an additional 8,113 shares during the period. Kennedy Capital Management LLC owned about 0.18% of Ryman Hospitality Properties worth $10,621,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. raised its position in shares of Ryman Hospitality Properties by 283.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 295 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 218 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of Ryman Hospitality Properties by 61.7% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 296 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 113 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of Ryman Hospitality Properties by 155.0% in the 4th quarter. Global Retirement Partners LLC now owns 283 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 172 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Ryman Hospitality Properties by 240.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 296 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 209 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of Ryman Hospitality Properties in the 4th quarter worth $28,000. 94.48% of the stock is owned by institutional investors.

Ryman Hospitality Properties Stock Down 0.1%

Shares of RHP stock opened at $122.67 on Monday. Ryman Hospitality Properties, Inc. has a 1-year low of $83.82 and a 1-year high of $123.35. The stock’s fifty day moving average price is $107.68 and its 200 day moving average price is $100.05. The company has a debt-to-equity ratio of 5.15, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market cap of $7.74 billion, a price-to-earnings ratio of 32.37, a price-to-earnings-growth ratio of 2.49 and a beta of 1.22.

Ryman Hospitality Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, June 30th. Ryman Hospitality Properties’s payout ratio is presently 126.65%.

Analyst Ratings Changes

Several research firms have recently commented on RHP. BMO Capital Markets reissued an “outperform” rating and issued a $137.00 price target on shares of Ryman Hospitality Properties in a research report on Friday. Barclays boosted their price target on Ryman Hospitality Properties from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Cantor Fitzgerald boosted their price target on Ryman Hospitality Properties from $115.00 to $124.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Weiss Ratings lowered Ryman Hospitality Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company boosted their price target on Ryman Hospitality Properties from $114.00 to $126.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $122.27.

About Ryman Hospitality Properties

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.