Gamco Investors INC. ET AL Sells 6,217 Shares of Ryman Hospitality Properties, Inc. $RHP

Key Points

• Gamco Investors INC. ET AL has reduced its holdings in Ryman Hospitality Properties by 0.6%, now owning 960,326 shares, making it the company's 19th largest holding.
• Several institutional investors have significantly increased their stakes in Ryman Hospitality Properties, with First Trust Advisors LP raising its position by 166.9% in the last quarter.
• Ryman Hospitality Properties reported $2.35 EPS for the last quarter, surpassing analysts' expectations, and set a fiscal year 2025 guidance of 7.930-8.490 EPS.

Gamco Investors INC. ET AL decreased its holdings in Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 0.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 960,326 shares of the real estate investment trust's stock after selling 6,217 shares during the quarter. Ryman Hospitality Properties accounts for approximately 1.0% of Gamco Investors INC. ET AL's investment portfolio, making the stock its 19th biggest holding. Gamco Investors INC. ET AL owned 1.60% of Ryman Hospitality Properties worth $87,812,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. First Trust Advisors LP lifted its position in shares of Ryman Hospitality Properties by 166.9% during the 4th quarter. First Trust Advisors LP now owns 59,377 shares of the real estate investment trust's stock worth $6,195,000 after buying an additional 37,130 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ryman Hospitality Properties by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 834,179 shares of the real estate investment trust's stock worth $87,042,000 after buying an additional 12,506 shares in the last quarter. Hsbc Holdings PLC lifted its position in shares of Ryman Hospitality Properties by 19.8% during the 4th quarter. Hsbc Holdings PLC now owns 68,821 shares of the real estate investment trust's stock worth $7,187,000 after buying an additional 11,381 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Ryman Hospitality Properties by 10.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 43,873 shares of the real estate investment trust's stock worth $4,578,000 after buying an additional 3,993 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of Ryman Hospitality Properties during the 4th quarter worth approximately $2,297,000. Institutional investors own 94.48% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Wall Street Zen cut shares of Ryman Hospitality Properties from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Evercore ISI dropped their target price on shares of Ryman Hospitality Properties from $130.00 to $120.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. JPMorgan Chase & Co. began coverage on shares of Ryman Hospitality Properties in a research report on Monday, June 23rd. They set an "overweight" rating and a $117.00 target price on the stock. Wells Fargo & Company lifted their price target on shares of Ryman Hospitality Properties from $101.00 to $108.00 and gave the stock an "overweight" rating in a report on Tuesday, July 15th. Finally, Truist Financial lowered their price target on shares of Ryman Hospitality Properties from $127.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, May 30th. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $114.75.

Ryman Hospitality Properties Stock Down 1.9%

Ryman Hospitality Properties stock opened at $97.0530 on Tuesday. Ryman Hospitality Properties, Inc. has a 1-year low of $76.27 and a 1-year high of $121.77. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 23.16, a P/E/G ratio of 1.78 and a beta of 1.62. 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 firm has a 50 day simple moving average of $98.45 and a 200 day simple moving average of $95.79.

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, beating analysts' consensus estimates of $2.31 by $0.04. Ryman Hospitality Properties had a net margin of 10.74% and a return on equity of 41.65%. The business had revenue of $659.52 million during the quarter, compared to analyst estimates of $616.56 million. During the same period in the previous year, the business earned $2.78 EPS. Ryman Hospitality Properties's revenue was up 7.5% compared to the same quarter last year. Ryman Hospitality Properties has set its FY 2025 guidance at 7.930-8.490 EPS. On average, analysts predict that Ryman Hospitality Properties, Inc. will post 8.81 earnings per share for the current year.

Insider Activity at Ryman Hospitality Properties

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

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.

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