US Bancorp DE cut its stake in shares of Ryman Hospitality Properties Inc (NYSE:RHP) by 5.7% during the first quarter, HoldingsChannel.com reports. The firm owned 3,987 shares of the real estate investment trust’s stock after selling 242 shares during the period. US Bancorp DE’s holdings in Ryman Hospitality Properties were worth $329,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Resources Investment Advisors Inc. acquired a new stake in Ryman Hospitality Properties during the 4th quarter worth about $25,000. Pinnacle Financial Partners Inc. acquired a new stake in shares of Ryman Hospitality Properties during the 1st quarter valued at about $75,000. Advisor Group Inc. lifted its holdings in shares of Ryman Hospitality Properties by 18.8% during the 4th quarter. Advisor Group Inc. now owns 1,723 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 273 shares during the last quarter. Fiduciary Trust Co. acquired a new stake in shares of Ryman Hospitality Properties during the 1st quarter valued at about $206,000. Finally, ARP Americas LP acquired a new stake in shares of Ryman Hospitality Properties during the 4th quarter valued at about $207,000. 87.63% of the stock is currently owned by institutional investors and hedge funds.

In related news, EVP Scott J. Lynn sold 3,250 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $83.05, for a total value of $269,912.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.30% of the stock is currently owned by insiders.

RHP opened at $79.53 on Friday. Ryman Hospitality Properties Inc has a twelve month low of $64.36 and a twelve month high of $90.02. The company has a debt-to-equity ratio of 5.88, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market capitalization of $4.18 billion, a P/E ratio of 13.57, a P/E/G ratio of 1.58 and a beta of 1.23.

Ryman Hospitality Properties (NYSE:RHP) last posted its earnings results on Tuesday, May 7th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.42 by ($0.85). Ryman Hospitality Properties had a return on equity of 67.41% and a net margin of 19.65%. The company had revenue of $370.80 million during the quarter, compared to analyst estimates of $363.63 million. During the same quarter last year, the firm posted $1.18 earnings per share. The firm’s revenue for the quarter was up 28.6% compared to the same quarter last year. Equities analysts expect that Ryman Hospitality Properties Inc will post 6.7 earnings per share for the current year.

RHP has been the subject of several research reports. Zacks Investment Research upgraded Ryman Hospitality Properties from a “sell” rating to a “hold” rating and set a $91.00 price target for the company in a report on Thursday, February 28th. ValuEngine lowered Ryman Hospitality Properties from a “buy” rating to a “hold” rating in a report on Thursday, February 28th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $91.40.

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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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