Copeland Capital Management LLC Acquires 107,269 Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP)

Copeland Capital Management LLC boosted its stake in Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 45.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 343,503 shares of the real estate investment trust's stock after acquiring an additional 107,269 shares during the period. Copeland Capital Management LLC owned 0.57% of Ryman Hospitality Properties worth $36,837,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RHP. Vanguard Group Inc. boosted its position in shares of Ryman Hospitality Properties by 2.7% during the first quarter. Vanguard Group Inc. now owns 8,470,274 shares of the real estate investment trust's stock worth $979,248,000 after buying an additional 226,547 shares during the period. Principal Financial Group Inc. increased its holdings in Ryman Hospitality Properties by 194.0% in the second quarter. Principal Financial Group Inc. now owns 2,222,077 shares of the real estate investment trust's stock worth $221,896,000 after buying an additional 1,466,220 shares during the last quarter. American Century Companies Inc. lifted its holdings in Ryman Hospitality Properties by 0.8% in the 2nd quarter. American Century Companies Inc. now owns 1,586,256 shares of the real estate investment trust's stock worth $158,404,000 after purchasing an additional 12,058 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in Ryman Hospitality Properties by 264.2% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,199,392 shares of the real estate investment trust's stock valued at $119,771,000 after buying an additional 870,081 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Ryman Hospitality Properties by 1.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 820,639 shares of the real estate investment trust's stock worth $81,947,000 after purchasing an additional 8,469 shares during the last quarter. 94.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

RHP has been the topic of several recent analyst reports. Wells Fargo & Company reduced their target price on shares of Ryman Hospitality Properties from $127.00 to $115.00 and set an "overweight" rating on the stock in a research note on Friday, September 13th. JPMorgan Chase & Co. upped their target price on shares of Ryman Hospitality Properties from $104.00 to $105.00 and gave the company a "neutral" rating in a research note on Friday, August 2nd. Finally, StockNews.com upgraded Ryman Hospitality Properties from a "sell" rating to a "hold" rating in a report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Ryman Hospitality Properties has a consensus rating of "Moderate Buy" and an average price target of $124.20.

Ryman Hospitality Properties Stock Down 0.3 %

NYSE RHP traded down $0.36 on Tuesday, hitting $107.29. 294,027 shares of the company were exchanged, compared to its average volume of 450,432. Ryman Hospitality Properties, Inc. has a 12 month low of $81.90 and a 12 month high of $122.91. The company has a market cap of $6.43 billion, a PE ratio of 22.21, a PEG ratio of 2.36 and a beta of 1.66. The stock has a fifty day moving average of $105.49 and a 200-day moving average of $104.01. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 5.96.

Ryman Hospitality Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Monday, September 30th. Ryman Hospitality Properties's payout ratio is 91.10%.

Insider Buying and Selling

In other Ryman Hospitality Properties news, Chairman Colin V. Reed purchased 8,077 shares of the stock in a transaction dated Tuesday, August 6th. The shares were bought at an average price of $97.78 per share, with a total value of $789,769.06. Following the completion of the transaction, the chairman now directly owns 827,220 shares in the company, valued at approximately $80,885,571.60. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Chairman Colin V. Reed acquired 8,077 shares of Ryman Hospitality Properties stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average cost of $97.78 per share, for a total transaction of $789,769.06. Following the transaction, the chairman now owns 827,220 shares of the company's stock, valued at $80,885,571.60. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Alvin L. Bowles, Jr. sold 900 shares of Ryman Hospitality Properties stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $107.32, for a total value of $96,588.00. Following the completion of the transaction, the director now directly owns 3,148 shares in the company, valued at $337,843.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.00% of the stock is owned by insiders.

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.