Copeland Capital Management LLC Has $35.18 Million Position in Ryman Hospitality Properties, Inc. (NYSE:RHP)

Copeland Capital Management LLC decreased its holdings in Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 337,164 shares of the real estate investment trust's stock after selling 6,339 shares during the quarter. Copeland Capital Management LLC owned 0.56% of Ryman Hospitality Properties worth $35,180,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quarry LP acquired a new stake in Ryman Hospitality Properties during the third quarter valued at approximately $28,000. Heck Capital Advisors LLC acquired a new position in Ryman Hospitality Properties during the fourth quarter worth $31,000. GAMMA Investing LLC boosted its stake in shares of Ryman Hospitality Properties by 34.6% in the 3rd quarter. GAMMA Investing LLC now owns 401 shares of the real estate investment trust's stock valued at $43,000 after purchasing an additional 103 shares in the last quarter. Avior Wealth Management LLC grew its holdings 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 worth $47,000 after purchasing an additional 137 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of 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 purchasing an additional 218 shares in the last quarter. Institutional investors own 94.48% of the company's stock.

Ryman Hospitality Properties Trading Down 1.2 %

Shares of RHP traded down $1.28 during trading hours on Wednesday, hitting $102.72. 359,209 shares of the stock traded hands, compared to its average volume of 407,567. 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 $93.76 and a 1-year high of $122.91. The firm has a market capitalization of $6.15 billion, a PE ratio of 18.28, a price-to-earnings-growth ratio of 2.50 and a beta of 1.67. The business has a fifty day moving average of $107.98 and a 200-day moving average of $106.80.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.94 earnings per share for the quarter, missing analysts' consensus estimates of $1.83 by ($0.89). Ryman Hospitality Properties had a net margin of 14.84% and a return on equity of 61.94%. The company had revenue of $549.90 million during the quarter, compared to analyst estimates of $545.93 million. During the same period last year, the company earned $1.73 EPS. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. Analysts expect that Ryman Hospitality Properties, Inc. will post 8.48 EPS for the current year.

Insider Transactions at Ryman Hospitality Properties

In other Ryman Hospitality Properties news, Director Fazal F. Merchant sold 1,269 shares of Ryman Hospitality Properties stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $113.98, for a total transaction of $144,640.62. Following the transaction, the director now directly owns 4,825 shares in the company, valued at approximately $549,953.50. The trade was a 20.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 3.00% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on RHP shares. BMO Capital Markets began coverage on shares of Ryman Hospitality Properties in a research report on Monday, December 9th. They issued an "outperform" rating and a $133.00 price target on the stock. JPMorgan Chase & Co. restated an "underweight" rating and set a $100.00 price target on shares of Ryman Hospitality Properties in a research report on Friday, December 13th. Jefferies Financial Group started coverage on Ryman Hospitality Properties in a research report on Wednesday, November 6th. They issued a "buy" rating and a $130.00 price objective for the company. Truist Financial increased their target price on Ryman Hospitality Properties from $130.00 to $136.00 and gave the stock a "buy" rating in a report on Monday, November 18th. Finally, Wells Fargo & Company lifted their price target on Ryman Hospitality Properties from $124.00 to $130.00 and gave the company an "overweight" rating in a report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $127.50.

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.