Ryman Hospitality Properties, Inc. (NYSE:RHP) Shares Bought by Quadrature Capital Ltd

Quadrature Capital Ltd increased its holdings in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 94.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,639 shares of the real estate investment trust's stock after acquiring an additional 10,015 shares during the quarter. Quadrature Capital Ltd's holdings in Ryman Hospitality Properties were worth $2,389,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC bought a new stake in shares of Ryman Hospitality Properties in the fourth quarter valued at $27,000. Parallel Advisors LLC lifted its holdings in Ryman Hospitality Properties by 6,550.0% during the fourth quarter. Parallel Advisors LLC now owns 266 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 262 shares during the last quarter. Larson Financial Group LLC bought a new position in Ryman Hospitality Properties during the first quarter worth about $35,000. Signaturefd LLC increased its stake in shares of Ryman Hospitality Properties by 518.9% in the fourth quarter. Signaturefd LLC now owns 328 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 275 shares in the last quarter. Finally, Fidelis Capital Partners LLC bought a new stake in shares of Ryman Hospitality Properties in the first quarter valued at approximately $103,000. Hedge funds and other institutional investors own 94.48% of the company's stock.

Insider Activity at Ryman Hospitality Properties

In related news, Chairman Colin V. Reed acquired 13,800 shares of the stock in a transaction on Tuesday, May 7th. The stock was purchased at an average price of $106.40 per share, for a total transaction of $1,468,320.00. Following the completion of the transaction, the chairman now owns 819,143 shares of the company's stock, valued at approximately $87,156,815.20. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Ryman Hospitality Properties news, Director William E. Haslam purchased 9,972 shares of the company's stock in a transaction that occurred on Thursday, June 13th. The stock was bought at an average price of $100.28 per share, with a total value of $999,992.16. Following the completion of the purchase, the director now directly owns 22,790 shares of the company's stock, valued at approximately $2,285,381.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Colin V. Reed purchased 13,800 shares of the business's stock in a transaction that occurred on Tuesday, May 7th. The stock was bought at an average price of $106.40 per share, for a total transaction of $1,468,320.00. Following the acquisition, the chairman now owns 819,143 shares of the company's stock, valued at $87,156,815.20. The disclosure for this purchase can be found here. 3.00% of the stock is currently owned by company insiders.

Ryman Hospitality Properties Trading Up 1.8 %

NYSE:RHP traded up $1.75 during trading hours on Friday, reaching $101.75. The company's stock had a trading volume of 799,023 shares, compared to its average volume of 395,117. The company has a debt-to-equity ratio of 6.33, a quick ratio of 1.99 and a current ratio of 1.99. The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 2.14 and a beta of 1.64. The firm has a 50-day simple moving average of $101.24 and a 200-day simple moving average of $108.60. Ryman Hospitality Properties, Inc. has a 1 year low of $79.86 and a 1 year high of $122.91.

Ryman Hospitality Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date was Friday, June 28th. Ryman Hospitality Properties's dividend payout ratio (DPR) is presently 91.10%.

Analyst Ratings Changes

A number of brokerages recently issued reports on RHP. Truist Financial dropped their price objective on Ryman Hospitality Properties from $135.00 to $130.00 and set a "buy" rating on the stock in a report on Thursday, May 30th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ryman Hospitality Properties from $141.00 to $136.00 and set a "buy" rating for the company in a research report on Thursday, May 9th. Finally, StockNews.com lowered shares of Ryman Hospitality Properties from a "hold" rating to a "sell" rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $118.29.

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.