Edge Advisors LLC boosted its holdings in Ryman Hospitality Properties, Inc. (NYSE:RHP) by 10.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,529 shares of the real estate investment trust’s stock after buying an additional 2,434 shares during the period. Edge Advisors LLC’s holdings in Ryman Hospitality Properties were worth $1,594,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cable Hill Partners LLC acquired a new position in Ryman Hospitality Properties in the third quarter valued at approximately $109,000. Advisor Group Inc. lifted its holdings in Ryman Hospitality Properties by 59.0% in the second quarter. Advisor Group Inc. now owns 1,740 shares of the real estate investment trust’s stock valued at $110,000 after buying an additional 646 shares during the period. Quantbot Technologies LP acquired a new position in Ryman Hospitality Properties in the third quarter valued at approximately $161,000. ARP Americas LLC acquired a new position in Ryman Hospitality Properties in the third quarter valued at approximately $231,000. Finally, Profund Advisors LLC lifted its holdings in Ryman Hospitality Properties by 5.2% in the second quarter. Profund Advisors LLC now owns 3,622 shares of the real estate investment trust’s stock valued at $232,000 after buying an additional 178 shares during the period. Institutional investors and hedge funds own 86.76% of the company’s stock.

Ryman Hospitality Properties, Inc. (RHP) traded up $0.74 on Tuesday, reaching $68.08. 185,200 shares of the company’s stock traded hands, compared to its average volume of 244,780. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 4.46. The firm has a market capitalization of $3,450.00, a price-to-earnings ratio of 12.61, a PEG ratio of 2.52 and a beta of 1.16. Ryman Hospitality Properties, Inc. has a 12 month low of $55.04 and a 12 month high of $68.16.

Ryman Hospitality Properties (NYSE:RHP) last posted its earnings results on Tuesday, November 7th. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.38. The company had revenue of $264.70 million for the quarter, compared to analyst estimates of $268.97 million. Ryman Hospitality Properties had a net margin of 13.10% and a return on equity of 43.45%. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period last year, the business posted $1.28 earnings per share. research analysts forecast that Ryman Hospitality Properties, Inc. will post 5.47 earnings per share for the current fiscal year.

In other Ryman Hospitality Properties news, CEO Colin V. Reed sold 19,280 shares of the stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of $63.30, for a total value of $1,220,424.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Colin V. Reed bought 10,000 shares of the business’s stock in a transaction on Friday, November 10th. The stock was purchased at an average price of $66.15 per share, for a total transaction of $661,500.00. The disclosure for this purchase can be found here. Company insiders own 3.40% of the company’s stock.

Several brokerages recently weighed in on RHP. Zacks Investment Research lowered shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a report on Friday, August 11th. BidaskClub lowered shares of Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a report on Friday, August 11th. SunTrust Banks, Inc. restated a “hold” rating and issued a $60.00 price objective on shares of Ryman Hospitality Properties in a report on Friday, November 10th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $70.00 price objective (down from $71.00) on shares of Ryman Hospitality Properties in a report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $65.60.

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About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc owns and operates hotels in the United States. Its Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince George’s County, Maryland.

Institutional Ownership by Quarter for Ryman Hospitality Properties (NYSE:RHP)

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