Ryman Hospitality Properties, Inc. (NYSE:RHP) CEO Colin V. Reed acquired 20,000 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was bought at an average price of $65.98 per share, with a total value of $1,319,600.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Colin V. Reed also recently made the following trade(s):

  • On Friday, November 10th, Colin V. Reed acquired 10,000 shares of Ryman Hospitality Properties stock. The stock was bought at an average price of $66.15 per share, with a total value of $661,500.00.

Shares of Ryman Hospitality Properties, Inc. (NYSE RHP) traded up $0.06 on Tuesday, hitting $65.98. 187,100 shares of the stock traded hands, compared to its average volume of 245,808. Ryman Hospitality Properties, Inc. has a twelve month low of $54.66 and a twelve month high of $67.97. The firm has a market capitalization of $3,374.86, a P/E ratio of 12.35, a price-to-earnings-growth ratio of 2.40 and a beta of 1.18. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 4.46.

Ryman Hospitality Properties (NYSE:RHP) last announced its earnings results on Tuesday, November 7th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.38. Ryman Hospitality Properties had a net margin of 13.10% and a return on equity of 43.45%. The business had revenue of $264.70 million during the quarter, compared to the consensus estimate of $268.97 million. During the same quarter in the prior year, the firm earned $1.28 earnings per share. The business’s quarterly revenue was down 2.6% compared to the same quarter last year. sell-side analysts forecast that Ryman Hospitality Properties, Inc. will post 5.47 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another website, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The original version of this report can be viewed at https://www.dailypolitical.com/2017/11/14/ryman-hospitality-properties-inc-rhp-ceo-buys-1319600-00-in-stock.html.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Ryman Hospitality Properties by 2.7% during the second quarter. Vanguard Group Inc. now owns 8,241,851 shares of the real estate investment trust’s stock worth $527,561,000 after buying an additional 219,560 shares during the period. BlackRock Inc. boosted its stake in shares of Ryman Hospitality Properties by 3.2% during the second quarter. BlackRock Inc. now owns 4,461,006 shares of the real estate investment trust’s stock worth $285,547,000 after buying an additional 139,518 shares during the period. State Street Corp boosted its stake in shares of Ryman Hospitality Properties by 2.7% during the second quarter. State Street Corp now owns 1,644,269 shares of the real estate investment trust’s stock worth $105,251,000 after buying an additional 43,334 shares during the period. Gabelli Funds LLC boosted its stake in shares of Ryman Hospitality Properties by 0.8% during the third quarter. Gabelli Funds LLC now owns 1,313,400 shares of the real estate investment trust’s stock worth $82,074,000 after buying an additional 10,500 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Ryman Hospitality Properties by 2.3% during the second quarter. Northern Trust Corp now owns 923,047 shares of the real estate investment trust’s stock worth $59,085,000 after buying an additional 20,554 shares during the period. Institutional investors and hedge funds own 86.72% of the company’s stock.

RHP has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Ryman Hospitality Properties from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 24th. BidaskClub downgraded shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. SunTrust Banks, Inc. restated a “hold” rating and issued a $60.00 price objective on shares of Ryman Hospitality Properties in a research note on Friday. Finally, Deutsche Bank AG restated a “buy” rating and issued a $70.00 price objective (down previously from $71.00) on shares of Ryman Hospitality Properties in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $65.60.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc owns and operates hotels in the United States. Its Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince George’s County, Maryland.

Insider Buying and Selling by Quarter for Ryman Hospitality Properties (NYSE:RHP)

Receive News & Ratings for Ryman Hospitality Properties Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryman Hospitality Properties Inc. and related companies with MarketBeat.com's FREE daily email newsletter.