Reinhart Partners LLC. Purchases 11,766 Shares of Ryman Hospitality Properties, Inc. $RHP

Reinhart Partners LLC. grew its position in Ryman Hospitality Properties, Inc. (NYSE:RHP) by 1.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 710,878 shares of the real estate investment trust’s stock after buying an additional 11,766 shares during the period. Ryman Hospitality Properties accounts for approximately 2.1% of Reinhart Partners LLC.’s investment portfolio, making the stock its 26th largest holding. Reinhart Partners LLC.’s holdings in Ryman Hospitality Properties were worth $91,386,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in RHP. GAMMA Investing LLC lifted its stake in shares of Ryman Hospitality Properties by 22.9% during the second quarter. GAMMA Investing LLC now owns 2,478 shares of the real estate investment trust’s stock valued at $319,000 after acquiring an additional 462 shares during the period. Western Wealth Management LLC acquired a new stake in Ryman Hospitality Properties in the first quarter worth about $185,000. Segall Bryant & Hamill LLC acquired a new stake in Ryman Hospitality Properties in the first quarter worth about $680,000. Janus Henderson Group PLC raised its holdings in Ryman Hospitality Properties by 5.0% during the 1st quarter. Janus Henderson Group PLC now owns 297,426 shares of the real estate investment trust’s stock worth $27,447,000 after purchasing an additional 14,152 shares during the last quarter. Finally, Amundi raised its holdings in Ryman Hospitality Properties by 13.0% during the 1st quarter. Amundi now owns 46,843 shares of the real estate investment trust’s stock worth $4,322,000 after purchasing an additional 5,400 shares during the last quarter. Institutional investors own 94.48% of the company’s stock.

Ryman Hospitality Properties Stock Performance

Shares of Ryman Hospitality Properties stock opened at $120.92 on Friday. The stock’s fifty day simple moving average is $126.00 and its 200 day simple moving average is $109.12. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.15. The company has a market capitalization of $7.63 billion, a PE ratio of 29.56, a PEG ratio of 2.22 and a beta of 1.20. Ryman Hospitality Properties, Inc. has a 12 month low of $83.82 and a 12 month high of $137.46.

Ryman Hospitality Properties (NYSE:RHP) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.11. Ryman Hospitality Properties had a return on equity of 34.60% and a net margin of 9.91%.The firm had revenue of $748.98 million during the quarter, compared to analysts’ expectations of $734.59 million. During the same period in the previous year, the firm earned $2.35 earnings per share. The company’s revenue was up 13.6% on a year-over-year basis. Ryman Hospitality Properties has set its FY 2026 guidance at 8.980-9.280 EPS. On average, research analysts predict that Ryman Hospitality Properties, Inc. will post 9.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on RHP. Barclays raised their target price on shares of Ryman Hospitality Properties from $120.00 to $130.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ryman Hospitality Properties in a research note on Monday. JPMorgan Chase & Co. lifted their target price on shares of Ryman Hospitality Properties from $113.00 to $129.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Wells Fargo & Company increased their price target on Ryman Hospitality Properties from $126.00 to $136.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Finally, Truist Financial raised their price target on Ryman Hospitality Properties from $129.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $127.10.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership and operation of group‐oriented, large convention center hotel resorts. The company’s portfolio is anchored by its Gaylord Hotels brand, offering integrated resort, convention, entertainment and dining experiences under long‐term management agreements with Marriott International.

Ryman’s flagship properties include Gaylord Opryland Resort & Convention Center in Nashville, Gaylord Texan Resort & Convention Center near Dallas/Fort Worth and Gaylord Palms Resort & Convention Center in Orlando, Florida.