UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $53.02 Million Stake in Ryman Hospitality Properties, Inc. $RHP

Key Points

• UBS Asset Management increased its stake in Ryman Hospitality Properties by 1.1%, now holding 579,834 shares worth approximately $53 million.
• Ryman Hospitality Properties reported a quarterly earnings per share of $2.35, exceeding analysts' expectations, alongside a revenue of $659.52 million.
• Institutional investors own 94.48% of Ryman Hospitality Properties, indicating strong interest and confidence in the company among larger entities.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 1.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 579,834 shares of the real estate investment trust's stock after purchasing an additional 6,209 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.97% of Ryman Hospitality Properties worth $53,020,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in shares of Ryman Hospitality Properties in the 4th quarter valued at $31,000. Fifth Third Bancorp boosted its position 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 during the last quarter. CWM LLC lifted its holdings in Ryman Hospitality Properties by 213.4% during the first quarter. CWM LLC now owns 724 shares of the real estate investment trust's stock worth $66,000 after acquiring an additional 493 shares in the last quarter. GF Fund Management CO. LTD. bought a new position in Ryman Hospitality Properties during the fourth quarter worth about $108,000. Finally, State of Wyoming lifted its holdings in Ryman Hospitality Properties by 23.8% during the fourth quarter. State of Wyoming now owns 1,561 shares of the real estate investment trust's stock worth $163,000 after acquiring an additional 300 shares in the last quarter. 94.48% of the stock is owned by institutional investors and hedge funds.

Ryman Hospitality Properties Stock Performance

NYSE RHP opened at $100.13 on Monday. The company has a market capitalization of $6.31 billion, a price-to-earnings ratio of 23.90, a PEG ratio of 1.80 and a beta of 1.58. Ryman Hospitality Properties, Inc. has a twelve month low of $76.27 and a twelve month high of $121.77. The stock has a fifty day simple moving average of $98.27 and a 200 day simple moving average of $95.64. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 4.72.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last posted 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. The business had revenue of $659.52 million during the quarter, compared to the consensus estimate of $616.56 million. Ryman Hospitality Properties had a return on equity of 41.65% and a net margin of 10.74%.Ryman Hospitality Properties's quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.78 earnings per share. Ryman Hospitality Properties has set its FY 2025 guidance at 7.930-8.490 EPS. Sell-side analysts expect that Ryman Hospitality Properties, Inc. will post 8.81 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on RHP. JPMorgan Chase & Co. began coverage on Ryman Hospitality Properties in a report on Monday, June 23rd. They issued an "overweight" rating and a $117.00 price target on the stock. Bank of America boosted their price target on Ryman Hospitality Properties from $105.00 to $110.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Wells Fargo & Company boosted their price target on Ryman Hospitality Properties from $108.00 to $114.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. Wall Street Zen downgraded Ryman Hospitality Properties from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, Truist Financial reduced their price target on Ryman Hospitality Properties from $127.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday, May 30th. Eight analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $115.50.

Insiders Place Their Bets

In other Ryman Hospitality Properties news, Director H Eric Bolton, Jr. purchased 2,000 shares of the firm's stock in a transaction 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 acquisition, the director owned 2,000 shares in the company, valued at approximately $190,660. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 5.00% of the company's stock.

About Ryman Hospitality Properties

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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