Cornerstone Capital Management Holdings LLC. reduced its stake in Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP) by 8.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,967 shares of the real estate investment trust’s stock after selling 6,200 shares during the quarter. Cornerstone Capital Management Holdings LLC. owned about 0.13% of Ryman Hospitality Properties worth $4,690,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in shares of Ryman Hospitality Properties by 1.1% in the fourth quarter. BlackRock Inc. now owns 4,626,347 shares of the real estate investment trust’s stock worth $319,310,000 after acquiring an additional 48,437 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Ryman Hospitality Properties by 5.5% in the fourth quarter. Victory Capital Management Inc. now owns 843,020 shares of the real estate investment trust’s stock worth $58,185,000 after acquiring an additional 43,671 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Ryman Hospitality Properties by 1.6% in the third quarter. Bank of New York Mellon Corp now owns 736,038 shares of the real estate investment trust’s stock worth $45,994,000 after acquiring an additional 11,892 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Ryman Hospitality Properties by 2.3% in the third quarter. Dimensional Fund Advisors LP now owns 672,774 shares of the real estate investment trust’s stock worth $42,041,000 after acquiring an additional 15,049 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its stake in shares of Ryman Hospitality Properties by 8.1% in the third quarter. Schwab Charles Investment Management Inc. now owns 653,206 shares of the real estate investment trust’s stock worth $40,819,000 after acquiring an additional 49,099 shares during the period. 87.06% of the stock is currently owned by institutional investors.

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A number of equities analysts recently commented on the company. ValuEngine raised Ryman Hospitality Properties from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 1st. Citigroup lifted their price objective on Ryman Hospitality Properties from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, March 1st. Bank of America lifted their target price on Ryman Hospitality Properties from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Monday, February 26th. Deutsche Bank lifted their target price on Ryman Hospitality Properties from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Monday, February 26th. Finally, SunTrust Banks lifted their target price on Ryman Hospitality Properties to $70.00 and gave the stock an “outperform” rating in a report on Monday, February 26th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $76.17.

In other Ryman Hospitality Properties news, CEO Colin V. Reed bought 5,995 shares of the stock in a transaction on Wednesday, January 17th. The stock was acquired at an average cost of $75.81 per share, for a total transaction of $454,480.95. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.40% of the company’s stock.

Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) opened at $74.40 on Friday. The firm has a market capitalization of $3,897.98, a P/E ratio of 21.75, a price-to-earnings-growth ratio of 1.63 and a beta of 1.29. Ryman Hospitality Properties, Inc. has a 1-year low of $57.78 and a 1-year high of $78.91.

Ryman Hospitality Properties (NYSE:RHP) last issued its earnings results on Friday, February 23rd. The real estate investment trust reported $1.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.62 by $0.07. The business had revenue of $345.18 million during the quarter, compared to the consensus estimate of $335.37 million. Ryman Hospitality Properties had a return on equity of 49.82% and a net margin of 14.86%. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.51 earnings per share. equities analysts expect that Ryman Hospitality Properties, Inc. will post 5.9 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Friday, March 30th will be issued a $0.85 dividend. This is an increase from Ryman Hospitality Properties’s previous quarterly dividend of $0.80. This represents a $3.40 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date is Wednesday, March 28th. Ryman Hospitality Properties’s payout ratio is presently 93.57%.

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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.

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

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