Ryman Hospitality Properties, Inc. (NYSE:RHP) CEO Colin V. Reed sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 18th. The shares were sold at an average price of $63.17, for a total transaction of $631,700.00. Following the transaction, the chief executive officer now directly owns 101,930 shares of the company’s stock, valued at approximately $6,438,918.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Ryman Hospitality Properties, Inc. (NYSE RHP) traded up 0.47% during midday trading on Wednesday, reaching $63.56. 221,230 shares of the company traded hands. Ryman Hospitality Properties, Inc. has a 1-year low of $47.31 and a 1-year high of $67.97. The company has a 50 day moving average price of $64.73 and a 200 day moving average price of $63.30. The company has a market capitalization of $3.21 billion, a PE ratio of 19.68 and a beta of 1.16.

Ryman Hospitality Properties (NYSE:RHP) last announced its quarterly earnings results on Tuesday, May 2nd. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.17 by $0.54. Ryman Hospitality Properties had a return on equity of 46.25% and a net margin of 14.23%. The firm had revenue of $276.04 million for the quarter, compared to analysts’ expectations of $270.82 million. On average, analysts expect that Ryman Hospitality Properties, Inc. will post $3.07 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Monday, June 19th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date was Thursday, June 15th. Ryman Hospitality Properties’s dividend payout ratio is presently 99.07%.

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A number of equities analysts have weighed in on RHP shares. Zacks Investment Research raised shares of Ryman Hospitality Properties from a “sell” rating to a “buy” rating and set a $71.00 target price for the company in a research note on Thursday, May 4th. BidaskClub upgraded shares of Ryman Hospitality Properties from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Ryman Hospitality Properties in a report on Friday, July 14th. Finally, UBS AG cut shares of Ryman Hospitality Properties from an “outperform” rating to a “market perform” rating in a report on Friday, July 14th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. Ryman Hospitality Properties presently has an average rating of “Hold” and a consensus price target of $61.50.

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. boosted its position in Ryman Hospitality Properties by 6,327.3% in the first quarter. BlackRock Inc. now owns 4,321,488 shares of the real estate investment trust’s stock worth $267,199,000 after buying an additional 4,254,252 shares in the last quarter. State Street Corp boosted its position in Ryman Hospitality Properties by 69.2% in the first quarter. State Street Corp now owns 1,600,935 shares of the real estate investment trust’s stock worth $98,980,000 after buying an additional 654,879 shares in the last quarter. Norges Bank bought a new position in Ryman Hospitality Properties during the fourth quarter worth $29,409,000. Schwab Charles Investment Management Inc. boosted its position in Ryman Hospitality Properties by 88.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 553,278 shares of the real estate investment trust’s stock worth $34,210,000 after buying an additional 259,160 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Ryman Hospitality Properties by 3.1% in the first quarter. Vanguard Group Inc. now owns 8,022,291 shares of the real estate investment trust’s stock worth $496,017,000 after buying an additional 241,997 shares in the last quarter. Institutional investors own 89.00% of the company’s stock.

Ryman Hospitality Properties, Inc is a finance company in the Specialized REITs industry.

Insider Buying and Selling by Quarter for Ryman Hospitality Properties (NYSE:RHP)

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