59,570 Shares in Ryman Hospitality Properties, Inc. $RHP Bought by Eisler Capital Management Ltd.

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. bought a new position in Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 59,570 shares of the real estate investment trust's stock, valued at approximately $5,450,000. Eisler Capital Management Ltd. owned 0.10% of Ryman Hospitality Properties as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Gabelli Funds LLC boosted its stake in Ryman Hospitality Properties by 0.5% in the 1st quarter. Gabelli Funds LLC now owns 437,200 shares of the real estate investment trust's stock worth $39,978,000 after purchasing an additional 2,000 shares during the period. Corebridge Financial Inc. boosted its position in shares of Ryman Hospitality Properties by 5.2% during the 1st quarter. Corebridge Financial Inc. now owns 30,668 shares of the real estate investment trust's stock valued at $2,804,000 after acquiring an additional 1,508 shares during the last quarter. Penn Capital Management Company LLC boosted its position in shares of Ryman Hospitality Properties by 14.4% during the 1st quarter. Penn Capital Management Company LLC now owns 139,314 shares of the real estate investment trust's stock valued at $12,773,000 after acquiring an additional 17,567 shares during the last quarter. Allstate Corp bought a new stake in shares of Ryman Hospitality Properties during the 1st quarter valued at about $918,000. Finally, Ameriprise Financial Inc. boosted its position in shares of Ryman Hospitality Properties by 7.5% during the 1st quarter. Ameriprise Financial Inc. now owns 619,451 shares of the real estate investment trust's stock valued at $56,649,000 after acquiring an additional 43,018 shares during the last quarter. Institutional investors own 94.48% of the company's stock.

Analysts Set New Price Targets

RHP has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price target on Ryman Hospitality Properties from $108.00 to $114.00 and gave the company an "overweight" rating in a research report on Wednesday. Wall Street Zen downgraded Ryman Hospitality Properties from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Bank of America lifted their price target on Ryman Hospitality Properties from $105.00 to $110.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Truist Financial dropped their price target on Ryman Hospitality Properties from $127.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, May 30th. Finally, JPMorgan Chase & Co. initiated coverage on Ryman Hospitality Properties in a research report on Monday, June 23rd. They set an "overweight" rating and a $117.00 price target for the company. Eight equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $115.50.

Insider Activity

In other news, Chairman Colin V. Reed purchased 8,356 shares of Ryman Hospitality Properties stock in a transaction that occurred on Monday, June 9th. The shares were bought at an average cost of $96.92 per share, with a total value of $809,863.52. Following the completion of the purchase, the chairman directly owned 870,406 shares in the company, valued at approximately $84,359,749.52. This trade represents a 0.97% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director H Eric Bolton, Jr. purchased 2,000 shares of Ryman Hospitality Properties stock in a transaction that occurred on Thursday, August 14th. The stock was purchased at an average cost of $95.33 per share, for a total transaction of $190,660.00. Following the completion of the purchase, the director owned 2,000 shares of the company's stock, valued at $190,660. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 5.00% of the company's stock.

Ryman Hospitality Properties Trading Down 0.2%

RHP stock traded down $0.20 during midday trading on Friday, hitting $98.73. The company had a trading volume of 331,048 shares, compared to its average volume of 675,691. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 4.72. Ryman Hospitality Properties, Inc. has a 52 week low of $76.27 and a 52 week high of $121.77. The stock's 50 day moving average price is $98.49 and its 200 day moving average price is $95.75. The stock has a market cap of $6.22 billion, a price-to-earnings ratio of 23.56, a PEG ratio of 1.78 and a beta of 1.62.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The real estate investment trust reported $2.35 earnings per share for the quarter, beating 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 firm had revenue of $659.52 million during the quarter, compared to the consensus estimate of $616.56 million. During the same quarter in the previous year, the company posted $2.78 earnings per share. 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. As a group, equities research analysts expect that Ryman Hospitality Properties, Inc. will post 8.81 earnings per share for the current fiscal year.

Ryman Hospitality Properties Company 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.