Ryman Hospitality Properties, Inc. (NYSE:RHP) Stock Holdings Boosted by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 49.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,519 shares of the real estate investment trust's stock after acquiring an additional 5,435 shares during the period. ProShare Advisors LLC's holdings in Ryman Hospitality Properties were worth $1,724,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Quantinno Capital Management LP boosted its position in shares of Ryman Hospitality Properties by 2.2% in the fourth quarter. Quantinno Capital Management LP now owns 4,644 shares of the real estate investment trust's stock worth $485,000 after acquiring an additional 98 shares during the last quarter. Man Group plc lifted its position in Ryman Hospitality Properties by 494.5% during the fourth quarter. Man Group plc now owns 27,739 shares of the real estate investment trust's stock valued at $2,894,000 after buying an additional 23,073 shares in the last quarter. Nuveen Asset Management LLC lifted its position in Ryman Hospitality Properties by 0.6% during the fourth quarter. Nuveen Asset Management LLC now owns 936,712 shares of the real estate investment trust's stock valued at $97,737,000 after buying an additional 5,807 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Ryman Hospitality Properties by 3.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,376 shares of the real estate investment trust's stock valued at $3,482,000 after buying an additional 1,267 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its position in Ryman Hospitality Properties by 7.5% during the fourth quarter. Lazard Asset Management LLC now owns 19,756 shares of the real estate investment trust's stock valued at $2,060,000 after buying an additional 1,375 shares in the last quarter. 94.48% of the stock is owned by institutional investors and hedge funds.

Ryman Hospitality Properties Stock Down 1.0%

Shares of NYSE RHP traded down $0.99 during trading on Friday, reaching $94.38. 542,061 shares of the stock were exchanged, compared to its average volume of 639,990. The business's 50-day moving average price is $90.87 and its 200 day moving average price is $100.82. Ryman Hospitality Properties, Inc. has a twelve month low of $76.27 and a twelve month high of $121.77. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 6.07. The company has a market capitalization of $5.66 billion, a price-to-earnings ratio of 21.50, a price-to-earnings-growth ratio of 2.71 and a beta of 1.55.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.79 by $0.29. The business had revenue of $587.28 million during the quarter, compared to analyst estimates of $546.52 million. Ryman Hospitality Properties had a net margin of 11.61% and a return on equity of 49.23%. The business's revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.60 earnings per share. As a group, equities analysts forecast that Ryman Hospitality Properties, Inc. will post 8.81 EPS for the current fiscal year.

Ryman Hospitality Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $1.15 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.87%. Ryman Hospitality Properties's dividend payout ratio (DPR) is presently 97.46%.

Insider Buying and Selling

In related news, Chairman Colin V. Reed purchased 8,231 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The stock was acquired at an average price of $97.54 per share, for a total transaction of $802,851.74. Following the completion of the purchase, the chairman now owns 832,260 shares in the company, valued at approximately $81,178,640.40. This represents a 1.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alvin L. Bowles, Jr. sold 473 shares of Ryman Hospitality Properties stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $97.03, for a total transaction of $45,895.19. Following the completion of the sale, the director now owns 2,675 shares of the company's stock, valued at approximately $259,555.25. This trade represents a 15.03% decrease in their position. The disclosure for this sale can be found here. Insiders own 5.00% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Wall Street Zen raised shares of Ryman Hospitality Properties from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. Truist Financial reduced their target price on shares of Ryman Hospitality Properties from $133.00 to $127.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Wedbush set a $110.00 target price on shares of Ryman Hospitality Properties and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Evercore ISI reduced 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. Finally, Jefferies Financial Group reduced their target price on shares of Ryman Hospitality Properties from $118.00 to $100.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $113.00.

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.