Ryman Hospitality Properties, Inc. (NYSE:RHP) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday.

RHP has been the subject of a number of other reports. Zacks Investment Research lowered Ryman Hospitality Properties from a “buy” rating to a “hold” rating in a report on Friday, May 5th. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Ryman Hospitality Properties in a report on Friday, July 14th. Finally, UBS AG lowered Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $61.60.

Shares of Ryman Hospitality Properties (NYSE:RHP) opened at 62.13 on Thursday. Ryman Hospitality Properties has a 12-month low of $47.31 and a 12-month high of $67.97. The stock has a 50 day moving average price of $64.06 and a 200 day moving average price of $63.35. The firm has a market capitalization of $3.14 billion, a PE ratio of 19.24 and a beta of 1.15.

Ryman Hospitality Properties (NYSE:RHP) last issued its quarterly earnings data on Tuesday, May 2nd. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.17 by $0.54. Ryman Hospitality Properties had a return on equity of 46.25% and a net margin of 14.23%. The business had revenue of $276.04 million during the quarter, compared to the consensus estimate of $270.82 million. Analysts predict that Ryman Hospitality Properties will post $3.07 EPS for the current fiscal year.

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In other Ryman Hospitality Properties news, SVP Jennifer L. Hutcheson sold 3,644 shares of the stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $66.55, for a total transaction of $242,508.20. Following the completion of the transaction, the senior vice president now directly owns 8,845 shares of the company’s stock, valued at approximately $588,634.75. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Colin V. Reed sold 30,000 shares of the stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $63.44, for a total value of $1,903,200.00. Following the transaction, the chief executive officer now directly owns 101,930 shares of the company’s stock, valued at $6,466,439.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 63,644 shares of company stock valued at $4,085,008. 3.40% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of the stock. James Investment Research Inc. purchased a new position in shares of Ryman Hospitality Properties during the first quarter worth about $141,000. Creative Planning raised its position in shares of Ryman Hospitality Properties by 74.6% in the first quarter. Creative Planning now owns 2,809 shares of the real estate investment trust’s stock worth $174,000 after buying an additional 1,200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Ryman Hospitality Properties by 42.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,610 shares of the real estate investment trust’s stock worth $223,000 after buying an additional 1,079 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Ryman Hospitality Properties by 2.4% in the first quarter. Teacher Retirement System of Texas now owns 3,731 shares of the real estate investment trust’s stock worth $231,000 after buying an additional 89 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its position in shares of Ryman Hospitality Properties by 36.7% in the first quarter. Daiwa Securities Group Inc. now owns 4,100 shares of the real estate investment trust’s stock worth $254,000 after buying an additional 1,100 shares during the last quarter. 89.14% of the stock is owned by hedge funds and other institutional investors.

Ryman Hospitality Properties, Inc is a finance company in the Specialized REITs industry.

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