Universal Beteiligungs und Servicegesellschaft mbH Has $6.88 Million Stake in Ryman Hospitality Properties, Inc. $RHP

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in Ryman Hospitality Properties by 21.1% in Q4, selling 19,041 shares and now holding 71,398 shares worth about $6.88 million (≈0.11% of the company).
• Ryman recently paid a quarterly dividend of $1.20 (annualized $4.80, a 4.7% yield) despite a high payout ratio of 127.66%, and Wall Street consensus rates the stock as a Buy with an average target of $115.

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in Ryman Hospitality Properties, Inc. (NYSE:RHP - Free Report) by 21.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,398 shares of the real estate investment trust's stock after selling 19,041 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Ryman Hospitality Properties worth $6,879,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in RHP. Cornerstone Planning Group LLC increased its holdings in Ryman Hospitality Properties by 2,241.7% in the third quarter. Cornerstone Planning Group LLC now owns 281 shares of the real estate investment trust's stock worth $25,000 after buying an additional 269 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Ryman Hospitality Properties by 283.1% in the third quarter. Hantz Financial Services Inc. now owns 295 shares of the real estate investment trust's stock worth $26,000 after buying an additional 218 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Ryman Hospitality Properties by 61.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 296 shares of the real estate investment trust's stock worth $27,000 after buying an additional 113 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Ryman Hospitality Properties by 240.2% in the first quarter. Geneos Wealth Management Inc. now owns 296 shares of the real estate investment trust's stock worth $27,000 after buying an additional 209 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in Ryman Hospitality Properties in the third quarter worth approximately $40,000. Institutional investors and hedge funds own 94.48% of the company's stock.

Ryman Hospitality Properties Stock Down 0.4%

Shares of Ryman Hospitality Properties stock opened at $101.84 on Tuesday. The stock has a market capitalization of $6.43 billion, a P/E ratio of 27.08, a PEG ratio of 1.93 and a beta of 1.19. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 5.04. The stock has a 50 day moving average price of $97.22 and a two-hundred day moving average price of $95.10. Ryman Hospitality Properties, Inc. has a 12-month low of $83.82 and a 12-month high of $105.75.

Ryman Hospitality Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Tuesday, March 31st. Ryman Hospitality Properties's dividend payout ratio is currently 127.66%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on RHP. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $131.00 price objective on shares of Ryman Hospitality Properties in a report on Tuesday, January 13th. Weiss Ratings upgraded Ryman Hospitality Properties from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, April 22nd. Truist Financial increased their price objective on Ryman Hospitality Properties from $121.00 to $129.00 and gave the stock a "buy" rating in a report on Thursday, March 26th. Barclays upped their target price on Ryman Hospitality Properties from $109.00 to $110.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 7th. Finally, Evercore reaffirmed an "outperform" rating and set a $115.00 target price on shares of Ryman Hospitality Properties in a research report on Friday, February 6th. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Ryman Hospitality Properties currently has an average rating of "Buy" and an average target price of $115.00.

Ryman Hospitality Properties Profile

Ryman Hospitality Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership and operation of group‐oriented, large convention center hotel resorts. The company's portfolio is anchored by its Gaylord Hotels brand, offering integrated resort, convention, entertainment and dining experiences under long‐term management agreements with Marriott International.

Ryman's flagship properties include Gaylord Opryland Resort & Convention Center in Nashville, Gaylord Texan Resort & Convention Center near Dallas/Fort Worth and Gaylord Palms Resort & Convention Center in Orlando, Florida.

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