Heartland Advisors Inc. lessened its holdings in shares of Ryman Hospitality Properties Inc (NYSE:RHP) by 12.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 98,871 shares of the real estate investment trust’s stock after selling 13,937 shares during the quarter. Heartland Advisors Inc.’s holdings in Ryman Hospitality Properties were worth $8,520,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the company. Barnett & Company Inc. lifted its position in shares of Ryman Hospitality Properties by 1.3% during the second quarter. Barnett & Company Inc. now owns 51,650 shares of the real estate investment trust’s stock worth $4,295,000 after purchasing an additional 650 shares in the last quarter. Comerica Bank lifted its position in shares of Ryman Hospitality Properties by 11.5% during the third quarter. Comerica Bank now owns 6,725 shares of the real estate investment trust’s stock worth $497,000 after purchasing an additional 695 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Ryman Hospitality Properties by 9.9% during the third quarter. Daiwa Securities Group Inc. now owns 7,800 shares of the real estate investment trust’s stock worth $672,000 after purchasing an additional 700 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in shares of Ryman Hospitality Properties by 21.6% during the third quarter. Benjamin F. Edwards & Company Inc. now owns 4,718 shares of the real estate investment trust’s stock worth $407,000 after purchasing an additional 838 shares in the last quarter. Finally, Amalgamated Bank lifted its position in shares of Ryman Hospitality Properties by 15.5% during the second quarter. Amalgamated Bank now owns 6,827 shares of the real estate investment trust’s stock worth $568,000 after purchasing an additional 914 shares in the last quarter. 84.53% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have recently issued reports on RHP. ValuEngine cut shares of Ryman Hospitality Properties from a “buy” rating to a “hold” rating in a research report on Thursday, November 1st. Bank of America increased their price target on shares of Ryman Hospitality Properties from $90.00 to $94.00 and gave the stock a “buy” rating in a research report on Tuesday, September 18th. Citigroup set a $98.00 price target on shares of Ryman Hospitality Properties and gave the stock a “buy” rating in a research report on Monday, September 17th. Finally, Deutsche Bank set a $94.00 price target on shares of Ryman Hospitality Properties and gave the stock a “buy” rating in a research report on Saturday, September 15th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $87.50.

In other news, CEO Colin V. Reed bought 13,031 shares of Ryman Hospitality Properties stock in a transaction that occurred on Monday, November 12th. The shares were purchased at an average price of $75.83 per share, with a total value of $988,140.73. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.20% of the stock is owned by company insiders.

Shares of NYSE:RHP opened at $76.42 on Monday. The company has a market capitalization of $3.92 billion, a P/E ratio of 13.74, a PEG ratio of 1.69 and a beta of 1.29. Ryman Hospitality Properties Inc has a fifty-two week low of $66.35 and a fifty-two week high of $90.02. The company has a debt-to-equity ratio of 4.74, a quick ratio of 1.23 and a current ratio of 1.23.

Ryman Hospitality Properties (NYSE:RHP) last issued its earnings results on Tuesday, November 6th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.70). The firm had revenue of $292.25 million during the quarter, compared to analyst estimates of $277.54 million. Ryman Hospitality Properties had a net margin of 14.11% and a return on equity of 51.08%. The firm’s revenue was up 10.4% compared to the same quarter last year. During the same period last year, the business earned $1.02 EPS. As a group, analysts predict that Ryman Hospitality Properties Inc will post 5.87 earnings per share for the current fiscal year.

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Ryman Hospitality Properties Profile

Ryman Hospitality Properties, Inc (NYSE:RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company's owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by lodging operator Marriott International, Inc under the Gaylord Hotels brand.

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

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