Barclays PLC Increases Holdings in Ryman Hospitality Properties, Inc. (NYSE:RHP)

Barclays PLC boosted its stake in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 91.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 207,756 shares of the real estate investment trust's stock after buying an additional 99,411 shares during the quarter. Barclays PLC owned approximately 0.35% of Ryman Hospitality Properties worth $21,676,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. grew its position in shares of Ryman Hospitality Properties by 41.9% during the 3rd quarter. Principal Financial Group Inc. now owns 3,153,360 shares of the real estate investment trust's stock valued at $338,168,000 after acquiring an additional 931,283 shares during the period. Sanctuary Advisors LLC grew its holdings in Ryman Hospitality Properties by 121.1% during the third quarter. Sanctuary Advisors LLC now owns 6,433 shares of the real estate investment trust's stock valued at $744,000 after purchasing an additional 3,523 shares during the period. Tidal Investments LLC increased its position in Ryman Hospitality Properties by 2.1% in the third quarter. Tidal Investments LLC now owns 7,264 shares of the real estate investment trust's stock worth $779,000 after buying an additional 152 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Ryman Hospitality Properties by 4.3% in the fourth quarter. Nordea Investment Management AB now owns 111,201 shares of the real estate investment trust's stock valued at $11,689,000 after buying an additional 4,592 shares during the period. Finally, Diversified Trust Co lifted its position in shares of Ryman Hospitality Properties by 9.3% during the 4th quarter. Diversified Trust Co now owns 7,907 shares of the real estate investment trust's stock valued at $825,000 after buying an additional 676 shares during the last quarter. Hedge funds and other institutional investors own 94.48% of the company's stock.

Analyst Upgrades and Downgrades

RHP has been the subject of several recent research reports. StockNews.com raised Ryman Hospitality Properties from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. Truist Financial reduced their target price on shares of Ryman Hospitality Properties from $133.00 to $127.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Wells Fargo & Company dropped their price target on shares of Ryman Hospitality Properties from $130.00 to $122.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group reduced their price objective on shares of Ryman Hospitality Properties from $118.00 to $100.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $119.67.

Ryman Hospitality Properties Price Performance

Shares of Ryman Hospitality Properties stock traded up $0.05 on Wednesday, reaching $85.90. The stock had a trading volume of 956,260 shares, compared to its average volume of 609,750. The business's 50 day moving average is $92.99 and its two-hundred day moving average is $103.33. The company has a market cap of $5.15 billion, a P/E ratio of 19.57, a price-to-earnings-growth ratio of 2.71 and a beta of 1.38. Ryman Hospitality Properties, Inc. has a 1 year low of $76.27 and a 1 year high of $121.77. 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 (NYSE:RHP - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $2.15 EPS for the quarter, beating the consensus estimate of $1.21 by $0.94. The firm had revenue of $647.63 million during the quarter, compared to the consensus estimate of $656.01 million. Ryman Hospitality Properties had a net margin of 11.61% and a return on equity of 49.23%. As a group, research analysts anticipate that Ryman Hospitality Properties, Inc. will post 8.81 EPS for the current year.

Ryman Hospitality Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $1.15 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $4.60 dividend on an annualized basis and a yield of 5.35%. Ryman Hospitality Properties's dividend payout ratio is currently 104.78%.

Insider Buying and Selling at Ryman Hospitality Properties

In other Ryman Hospitality Properties news, Director Alvin L. Bowles, Jr. sold 473 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $97.03, for a total value of $45,895.19. Following the completion of the transaction, the director now owns 2,675 shares of the company's stock, valued at $259,555.25. The trade was a 15.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Colin V. Reed acquired 8,231 shares of the stock in a transaction dated Wednesday, February 26th. The shares were bought at an average price of $97.54 per share, for a total transaction of $802,851.74. Following the transaction, the chairman now owns 832,260 shares in the company, valued at approximately $81,178,640.40. This represents a 1.00 % increase in their position. The disclosure for this purchase can be found here. Insiders own 5.00% of the company's stock.

About Ryman Hospitality Properties

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.