3,220 Shares in Ryman Hospitality Properties, Inc. (NYSE:RHP) Bought by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new stake in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,220 shares of the real estate investment trust's stock, valued at approximately $336,000.

Other hedge funds also recently added to or reduced their stakes in the company. Landscape Capital Management L.L.C. purchased a new stake in shares of Ryman Hospitality Properties in the fourth quarter worth approximately $656,000. GSI Capital Advisors LLC bought a new stake in shares of Ryman Hospitality Properties during the fourth quarter worth $2,790,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Ryman Hospitality Properties by 2.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 853,251 shares of the real estate investment trust's stock valued at $89,028,000 after purchasing an additional 24,439 shares during the period. RFG Bristol Wealth Advisors LLC bought a new position in shares of Ryman Hospitality Properties in the fourth quarter worth about $1,236,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of Ryman Hospitality Properties by 6.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 4,987 shares of the real estate investment trust's stock worth $520,000 after purchasing an additional 285 shares during the last quarter. 94.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

RHP has been the subject of a number of research reports. Jefferies Financial Group lowered their price target on Ryman Hospitality Properties from $118.00 to $100.00 and set a "buy" rating for the company in a report on Wednesday. StockNews.com raised Ryman Hospitality Properties from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. Truist Financial decreased their price objective on Ryman Hospitality Properties from $133.00 to $127.00 and set a "buy" rating for the company in a report on Friday, March 21st. JPMorgan Chase & Co. reissued an "underweight" rating and set a $100.00 target price on shares of Ryman Hospitality Properties in a research report on Friday, December 13th. Finally, Wells Fargo & Company lowered their price target on shares of Ryman Hospitality Properties from $130.00 to $122.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $119.67.

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Insiders Place Their Bets

In related news, Chairman Colin V. Reed acquired 8,231 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was acquired at an average price of $97.54 per share, with a total value of $802,851.74. Following the acquisition, the chairman now directly owns 832,260 shares in the company, valued at $81,178,640.40. This represents a 1.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Alvin L. Bowles, Jr. sold 473 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $97.03, for a total value of $45,895.19. Following the sale, the director now directly owns 2,675 shares in the company, valued at approximately $259,555.25. This trade represents a 15.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.00% of the stock is currently owned by insiders.

Ryman Hospitality Properties Stock Down 5.4 %

Shares of RHP traded down $4.72 during midday trading on Thursday, hitting $82.53. 437,079 shares of the company's stock traded hands, compared to its average volume of 931,824. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 6.07. Ryman Hospitality Properties, Inc. has a 1 year low of $76.27 and a 1 year high of $121.77. The stock has a market capitalization of $4.94 billion, a price-to-earnings ratio of 18.80, a price-to-earnings-growth ratio of 2.71 and a beta of 1.38. The firm's fifty day moving average is $96.30 and its 200-day moving average is $104.86.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last released its earnings results on Thursday, February 20th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.94. Ryman Hospitality Properties had a return on equity of 49.23% and a net margin of 11.61%. The firm had revenue of $647.63 million for the quarter, compared to the consensus estimate of $656.01 million. As a group, sell-side analysts anticipate that Ryman Hospitality Properties, Inc. will post 8.81 earnings per share for the current year.

Ryman Hospitality Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $1.15 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $4.60 annualized dividend and a yield of 5.57%. Ryman Hospitality Properties's dividend payout ratio (DPR) is presently 104.78%.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc NYSE: RHP is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space.