Eisler Capital Management Ltd. Invests $5.45 Million in Ryman Hospitality Properties, Inc. $RHP

Key Points

• Eisler Capital Management Ltd. has invested $5.45 million by acquiring 59,570 shares of Ryman Hospitality Properties in the 1st quarter, representing approximately 0.10% ownership of the company.
• Several other hedge funds also increased their stakes in Ryman Hospitality Properties, with institutional investors collectively owning 94.48% of the company's stock.
• Ryman Hospitality Properties recently reported earnings of $2.35 per share, exceeding analyst estimates, and had a revenue of $659.52 million for the quarter, showing a 7.5% year-over-year growth.

Eisler Capital Management Ltd. acquired a new position in Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 59,570 shares of the real estate investment trust's stock, valued at approximately $5,450,000. Eisler Capital Management Ltd. owned approximately 0.10% of Ryman Hospitality Properties at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RHP. Heck Capital Advisors LLC purchased a new position in shares of Ryman Hospitality Properties in the 4th quarter worth about $31,000. Fifth Third Bancorp boosted its holdings in shares of Ryman Hospitality Properties by 175.6% in the 1st quarter. Fifth Third Bancorp now owns 576 shares of the real estate investment trust's stock worth $53,000 after purchasing an additional 367 shares in the last quarter. CWM LLC boosted its holdings in shares of Ryman Hospitality Properties by 213.4% in the 1st quarter. CWM LLC now owns 724 shares of the real estate investment trust's stock worth $66,000 after purchasing an additional 493 shares in the last quarter. GF Fund Management CO. LTD. purchased a new stake in Ryman Hospitality Properties during the 4th quarter valued at about $108,000. Finally, State of Wyoming boosted its holdings in Ryman Hospitality Properties by 23.8% during the 4th quarter. State of Wyoming now owns 1,561 shares of the real estate investment trust's stock valued at $163,000 after acquiring an additional 300 shares during the period. 94.48% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Alvin L. Bowles, Jr. sold 1,300 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $99.01, for a total value of $128,713.00. Following the completion of the transaction, the director owned 2,576 shares of the company's stock, valued at approximately $255,049.76. This represents a 33.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director H Eric Bolton, Jr. bought 2,000 shares of the firm's stock in a transaction dated Thursday, August 14th. The stock was purchased at an average cost of $95.33 per share, with a total value of $190,660.00. Following the transaction, the director directly owned 2,000 shares in the company, valued at approximately $190,660. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 5.00% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Bank of America increased their target price on Ryman Hospitality Properties from $105.00 to $110.00 and gave the company a "buy" rating in a report on Monday, July 21st. JPMorgan Chase & Co. assumed coverage on Ryman Hospitality Properties in a report on Monday, June 23rd. They set an "overweight" rating and a $117.00 target price for the company. Wedbush set a $110.00 target price on Ryman Hospitality Properties and gave the company an "outperform" rating in a report on Tuesday, May 6th. Wall Street Zen cut Ryman Hospitality Properties from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Wells Fargo & Company increased their target price on Ryman Hospitality Properties from $108.00 to $114.00 and gave the company an "overweight" rating in a report on Wednesday, August 27th. Eight equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Ryman Hospitality Properties has a consensus rating of "Buy" and a consensus price target of $115.50.

Ryman Hospitality Properties Trading Down 0.2%

NYSE RHP traded down $0.20 on Monday, hitting $98.73. The company's stock had a trading volume of 331,048 shares, compared to its average volume of 659,454. Ryman Hospitality Properties, Inc. has a 52-week low of $76.27 and a 52-week high of $121.77. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 4.72. The company's 50-day simple moving average is $98.49 and its 200 day simple moving average is $95.66. The firm has a market cap of $6.22 billion, a P/E ratio of 23.56, a PEG ratio of 1.78 and a beta of 1.58.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The real estate investment trust reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.04. Ryman Hospitality Properties had a return on equity of 41.65% and a net margin of 10.74%.The business had revenue of $659.52 million during the quarter, compared to analysts' expectations of $616.56 million. During the same quarter last year, the business posted $2.78 EPS. The business's revenue was up 7.5% on a year-over-year basis. Ryman Hospitality Properties has set its FY 2025 guidance at 7.930-8.490 EPS. Research analysts predict that Ryman Hospitality Properties, Inc. will post 8.81 EPS for the current fiscal year.

Ryman Hospitality Properties Profile

Ryman Hospitality Properties, Inc NYSE: RHP is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space.