Colony Group LLC Boosts Holdings in Ryman Hospitality Properties Inc (NYSE:RHP)

Colony Group LLC raised its position in shares of Ryman Hospitality Properties Inc (NYSE:RHP) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,268 shares of the real estate investment trust’s stock after acquiring an additional 2,034 shares during the period. Colony Group LLC owned approximately 0.08% of Ryman Hospitality Properties worth $3,836,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Great Diamond Partners LLC purchased a new position in shares of Ryman Hospitality Properties during the 4th quarter worth about $27,000. Acadian Asset Management LLC purchased a new position in shares of Ryman Hospitality Properties during the fourth quarter valued at $32,000. Tower Research Capital LLC TRC increased its stake in shares of Ryman Hospitality Properties by 839.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 385 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 344 shares during the period. Cullen Frost Bankers Inc. increased its stake in shares of Ryman Hospitality Properties by 456.6% during the fourth quarter. Cullen Frost Bankers Inc. now owns 423 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 347 shares during the period. Finally, Fieldpoint Private Securities LLC increased its stake in shares of Ryman Hospitality Properties by 75.1% during the fourth quarter. Fieldpoint Private Securities LLC now owns 590 shares of the real estate investment trust’s stock valued at $51,000 after buying an additional 253 shares during the period. Institutional investors and hedge funds own 87.44% of the company’s stock.

NYSE:RHP opened at $32.15 on Thursday. Ryman Hospitality Properties Inc has a 12 month low of $13.25 and a 12 month high of $91.57. The firm has a fifty day simple moving average of $63.35 and a 200-day simple moving average of $79.82. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 4.14. The company has a market capitalization of $1.80 billion, a P/E ratio of 11.48 and a beta of 1.25.

Ryman Hospitality Properties (NYSE:RHP) last issued its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.85 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.81 by ($0.96). The business had revenue of $446.29 million during the quarter, compared to analyst estimates of $433.74 million. Ryman Hospitality Properties had a return on equity of 31.84% and a net margin of 9.09%. Ryman Hospitality Properties’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.64 EPS. Equities analysts forecast that Ryman Hospitality Properties Inc will post 7.03 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 11.82%. The ex-dividend date is Monday, March 30th. This is a positive change from Ryman Hospitality Properties’s previous quarterly dividend of $0.90. Ryman Hospitality Properties’s payout ratio is currently 52.48%.

Several equities analysts have recently commented on the company. SunTrust Banks cut their price target on Ryman Hospitality Properties from $85.00 to $83.00 and set a “hold” rating on the stock in a research note on Friday, November 29th. ValuEngine lowered Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research note on Thursday, March 5th. Raymond James cut their target price on Ryman Hospitality Properties from $96.00 to $65.00 and set an “outperform” rating on the stock in a research note on Thursday, March 12th. Wells Fargo & Co cut their target price on Ryman Hospitality Properties from $93.00 to $68.00 and set an “overweight” rating on the stock in a research note on Monday, March 9th. Finally, Zacks Investment Research upgraded Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research note on Friday, February 28th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $81.50.

Ryman Hospitality Properties Company 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 8,114 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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