Kestra Private Wealth Services LLC Makes New Investment in Ryman Hospitality Properties, Inc. (NYSE:RHP)

Kestra Private Wealth Services LLC acquired a new stake in Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 4,185 shares of the real estate investment trust's stock, valued at approximately $437,000.

A number of other hedge funds have also recently bought and sold shares of RHP. Avior Wealth Management LLC lifted its stake in shares of Ryman Hospitality Properties by 44.9% in the 3rd quarter. Avior Wealth Management LLC now owns 442 shares of the real estate investment trust's stock valued at $47,000 after purchasing an additional 137 shares during the period. Tidal Investments LLC lifted its stake in shares of Ryman Hospitality Properties by 2.1% in the 3rd quarter. Tidal Investments LLC now owns 7,264 shares of the real estate investment trust's stock valued at $779,000 after purchasing an additional 152 shares during the period. Blue Trust Inc. raised its stake in Ryman Hospitality Properties by 23.4% during the 4th quarter. Blue Trust Inc. now owns 845 shares of the real estate investment trust's stock worth $91,000 after buying an additional 160 shares during the period. Captrust Financial Advisors raised its stake in Ryman Hospitality Properties by 4.2% during the 3rd quarter. Captrust Financial Advisors now owns 5,283 shares of the real estate investment trust's stock worth $567,000 after buying an additional 213 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in Ryman Hospitality Properties by 79.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 491 shares of the real estate investment trust's stock worth $53,000 after buying an additional 218 shares during the period. 94.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on RHP shares. BMO Capital Markets started coverage on Ryman Hospitality Properties in a research note on Monday, December 9th. They set an "outperform" rating and a $133.00 price objective on the stock. Truist Financial raised their price objective on Ryman Hospitality Properties from $130.00 to $136.00 and gave the stock a "buy" rating in a research note on Monday, November 18th. Jefferies Financial Group initiated coverage on Ryman Hospitality Properties in a research note on Wednesday, November 6th. They set a "buy" rating and a $130.00 price objective on the stock. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $100.00 price target on shares of Ryman Hospitality Properties in a research note on Friday, December 13th. Finally, Wells Fargo & Company dropped their price target on Ryman Hospitality Properties from $130.00 to $122.00 and set an "overweight" rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Ryman Hospitality Properties currently has a consensus rating of "Moderate Buy" and an average target price of $126.17.

Ryman Hospitality Properties Stock Up 0.1 %

Shares of RHP traded up $0.09 during midday trading on Thursday, hitting $103.59. The stock had a trading volume of 770,485 shares, compared to its average volume of 436,645. The company has a 50 day simple moving average of $104.79 and a two-hundred day simple moving average of $106.90. Ryman Hospitality Properties, Inc. has a twelve month low of $93.76 and a twelve month high of $122.91. The firm has a market cap of $6.21 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 2.73 and a beta of 1.67. The company has a debt-to-equity ratio of 6.07, a current ratio of 1.73 and a quick ratio of 1.73.

Ryman Hospitality Properties 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.