Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Ryman Hospitality Properties Inc (NYSE:RHP) by 158.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,145 shares of the real estate investment trust’s stock after purchasing an additional 7,450 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Ryman Hospitality Properties were worth $1,010,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Barnett & Company Inc. increased its stake in shares of Ryman Hospitality Properties by 1.3% in the second quarter. Barnett & Company Inc. now owns 51,650 shares of the real estate investment trust’s stock worth $4,295,000 after buying an additional 650 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Ryman Hospitality Properties by 14.0% in the first quarter. Daiwa Securities Group Inc. now owns 6,500 shares of the real estate investment trust’s stock worth $503,000 after buying an additional 800 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Ryman Hospitality Properties by 11.9% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,200 shares of the real estate investment trust’s stock worth $635,000 after buying an additional 874 shares during the last quarter. Amalgamated Bank increased its stake in shares of Ryman Hospitality Properties by 15.5% in the second quarter. Amalgamated Bank now owns 6,827 shares of the real estate investment trust’s stock worth $568,000 after buying an additional 914 shares during the last quarter. Finally, First Midwest Bank Trust Division increased its stake in shares of Ryman Hospitality Properties by 13.2% in the second quarter. First Midwest Bank Trust Division now owns 8,244 shares of the real estate investment trust’s stock worth $685,000 after buying an additional 960 shares during the last quarter. Institutional investors and hedge funds own 85.90% of the company’s stock.

Shares of NYSE:RHP opened at $87.35 on Friday. The company has a debt-to-equity ratio of 4.48, a current ratio of 1.28 and a quick ratio of 1.28. Ryman Hospitality Properties Inc has a 12-month low of $58.01 and a 12-month high of $87.84. The firm has a market capitalization of $4.47 billion, a P/E ratio of 15.11, a P/E/G ratio of 1.93 and a beta of 1.34.

Ryman Hospitality Properties (NYSE:RHP) last released its earnings results on Tuesday, August 7th. The real estate investment trust reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.76 by ($0.68). Ryman Hospitality Properties had a net margin of 14.53% and a return on equity of 48.96%. The business had revenue of $333.90 million for the quarter, compared to the consensus estimate of $329.60 million. During the same quarter in the previous year, the firm earned $1.55 EPS. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. equities research analysts predict that Ryman Hospitality Properties Inc will post 5.92 earnings per share for the current year.

In other Ryman Hospitality Properties news, SVP Jennifer L. Hutcheson sold 2,428 shares of the business’s stock in a transaction on Tuesday, June 19th. The shares were sold at an average price of $83.15, for a total transaction of $201,888.20. Following the completion of the sale, the senior vice president now owns 7,763 shares in the company, valued at $645,493.45. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Scott J. Lynn sold 2,500 shares of the business’s stock in a transaction on Thursday, June 14th. The shares were sold at an average price of $83.34, for a total transaction of $208,350.00. Following the sale, the senior vice president now owns 5,546 shares of the company’s stock, valued at approximately $462,203.64. The disclosure for this sale can be found here. 3.20% of the stock is owned by insiders.

RHP has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Ryman Hospitality Properties from a “hold” rating to a “buy” rating and set a $93.00 price target for the company in a research note on Tuesday, June 19th. ValuEngine lowered shares of Ryman Hospitality Properties from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 2nd. Finally, Wells Fargo & Co restated a “buy” rating on shares of Ryman Hospitality Properties in a research note on Friday, June 1st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $82.17.

Ryman Hospitality Properties Profile

Ryman Hospitality Properties, Inc (NYSE:RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company's owned assets include a network of four upscale, meetings-focused resorts totaling 7,811 rooms that are managed by lodging operator Marriott International, Inc under the Gaylord Hotels brand.

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

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