Strs Ohio cut its stake in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) by 19.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 69,480 shares of the real estate investment trust’s stock after selling 17,231 shares during the period. Strs Ohio owned approximately 0.14% of Ryman Hospitality Properties worth $4,447,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its position in Ryman Hospitality Properties by 82.3% in the second quarter. Russell Investments Group Ltd. now owns 137,408 shares of the real estate investment trust’s stock valued at $8,796,000 after buying an additional 62,039 shares in the last quarter. First Midwest Bank Trust Division boosted its position in Ryman Hospitality Properties by 5.3% in the second quarter. First Midwest Bank Trust Division now owns 10,309 shares of the real estate investment trust’s stock valued at $660,000 after buying an additional 522 shares in the last quarter. Gilman Hill Asset Management LLC boosted its position in Ryman Hospitality Properties by 1.2% in the second quarter. Gilman Hill Asset Management LLC now owns 78,605 shares of the real estate investment trust’s stock valued at $5,031,000 after buying an additional 937 shares in the last quarter. Copeland Capital Management LLC boosted its position in Ryman Hospitality Properties by 27.7% in the second quarter. Copeland Capital Management LLC now owns 212,002 shares of the real estate investment trust’s stock valued at $13,570,000 after buying an additional 46,017 shares in the last quarter. Finally, Forsta AP Fonden boosted its position in Ryman Hospitality Properties by 217.5% in the second quarter. Forsta AP Fonden now owns 18,100 shares of the real estate investment trust’s stock valued at $1,159,000 after buying an additional 12,400 shares in the last quarter. 89.18% of the stock is currently owned by hedge funds and other institutional investors.

Ryman Hospitality Properties, Inc. (NYSE RHP) opened at 61.86 on Tuesday. Ryman Hospitality Properties, Inc. has a 12 month low of $47.31 and a 12 month high of $67.97. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 19.15 and a beta of 1.15. The firm’s 50 day moving average is $64.06 and its 200-day moving average is $63.35.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Monday, June 19th were given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 5.17%. The ex-dividend date was Thursday, June 15th. Ryman Hospitality Properties’s dividend payout ratio (DPR) is currently 99.07%.

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Several research firms have weighed in on RHP. BidaskClub raised shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Ryman Hospitality Properties in a report on Friday, July 14th. UBS AG cut shares of Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a report on Friday, July 14th. Finally, Zacks Investment Research cut shares of Ryman Hospitality Properties from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $61.60.

In other news, SVP Jennifer L. Hutcheson sold 3,644 shares of the business’s stock in a transaction that occurred on Tuesday, June 20th. The shares were sold at an average price of $66.55, for a total value of $242,508.20. Following the sale, the senior vice president now owns 8,845 shares of the company’s stock, valued at $588,634.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Bennett D. Westbrook sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 20th. The shares were sold at an average price of $66.86, for a total transaction of $668,600.00. Following the completion of the sale, the executive vice president now directly owns 18,744 shares in the company, valued at approximately $1,253,223.84. The disclosure for this sale can be found here. In the last three months, insiders sold 63,644 shares of company stock worth $4,085,008. Insiders own 3.40% of the company’s stock.

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

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Institutional Ownership by Quarter for Ryman Hospitality Properties (NYSE:RHP)

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