UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 36,136 Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 573,625 shares of the real estate investment trust's stock after selling 36,136 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.96% of Ryman Hospitality Properties worth $59,852,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Heck Capital Advisors LLC bought a new stake in Ryman Hospitality Properties in the 4th quarter worth approximately $31,000. Harvest Fund Management Co. Ltd purchased a new position in shares of Ryman Hospitality Properties in the 4th quarter worth $72,000. Venturi Wealth Management LLC purchased a new position in shares of Ryman Hospitality Properties in the 4th quarter worth $83,000. Covestor Ltd grew its holdings in shares of Ryman Hospitality Properties by 33.3% in the fourth quarter. Covestor Ltd now owns 829 shares of the real estate investment trust's stock worth $87,000 after acquiring an additional 207 shares during the period. Finally, Blue Trust Inc. increased its position in Ryman Hospitality Properties by 23.4% during the fourth quarter. Blue Trust Inc. now owns 845 shares of the real estate investment trust's stock valued at $91,000 after acquiring an additional 160 shares during the last quarter. 94.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on RHP. Wells Fargo & Company restated an "overweight" rating and set a $101.00 price target (up from $99.00) on shares of Ryman Hospitality Properties in a research note on Thursday, May 22nd. Truist Financial cut their target price on shares of Ryman Hospitality Properties from $133.00 to $127.00 and set a "buy" rating for the company in a research report on Friday, March 21st. Wedbush set a $110.00 price target on shares of Ryman Hospitality Properties and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Jefferies Financial Group dropped their price target on shares of Ryman Hospitality Properties from $118.00 to $100.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Finally, 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. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $113.00.

Ryman Hospitality Properties Price Performance

NYSE:RHP traded down $0.92 during trading hours on Wednesday, hitting $96.48. 626,704 shares of the stock traded hands, compared to its average volume of 641,896. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 6.07. Ryman Hospitality Properties, Inc. has a 1 year low of $76.27 and a 1 year high of $121.77. The company has a market cap of $5.79 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 2.71 and a beta of 1.55. The stock has a 50 day moving average price of $90.91 and a 200 day moving average price of $100.57.

Ryman Hospitality Properties (NYSE:RHP - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $2.08 EPS for the quarter, beating the consensus estimate of $1.79 by $0.29. Ryman Hospitality Properties had a net margin of 11.61% and a return on equity of 49.23%. The firm had revenue of $587.28 million for the quarter, compared to the consensus estimate of $546.52 million. During the same period last year, the firm earned $1.60 EPS. The company's revenue was up 11.2% on a year-over-year basis. Sell-side analysts forecast that Ryman Hospitality Properties, Inc. will post 8.81 EPS for the current fiscal year.

Ryman Hospitality Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $1.15 per share. The ex-dividend date is Monday, June 30th. This represents a $4.60 dividend on an annualized basis and a yield of 4.77%. Ryman Hospitality Properties's dividend payout ratio is presently 97.46%.

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.