Ryman Hospitality Properties, Inc. (RHP) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC lifted its stake in Ryman Hospitality Properties, Inc. (NYSE:RHP) by 385.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,615 shares of the real estate investment trust’s stock after purchasing an additional 10,813 shares during the period. SG Americas Securities LLC’s holdings in Ryman Hospitality Properties were worth $851,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Cable Hill Partners LLC bought a new position in shares of Ryman Hospitality Properties during the 3rd quarter valued at about $109,000. Advisor Group Inc. boosted its holdings in shares of Ryman Hospitality Properties by 59.0% during the 2nd quarter. Advisor Group Inc. now owns 1,740 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 646 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Ryman Hospitality Properties during the 3rd quarter valued at about $161,000. ARP Americas LLC bought a new position in shares of Ryman Hospitality Properties during the 3rd quarter valued at about $231,000. Finally, Profund Advisors LLC boosted its holdings in shares of Ryman Hospitality Properties by 5.2% during the 2nd quarter. Profund Advisors LLC now owns 3,622 shares of the real estate investment trust’s stock valued at $232,000 after purchasing an additional 178 shares during the last quarter. Hedge funds and other institutional investors own 87.30% of the company’s stock.

Several research analysts have commented on RHP shares. SunTrust Banks reissued a “hold” rating and set a $60.00 price objective on shares of Ryman Hospitality Properties in a report on Friday, November 10th. Zacks Investment Research downgraded shares of Ryman Hospitality Properties from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 24th. BidaskClub raised shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $70.00 price target (down previously from $71.00) on shares of Ryman Hospitality Properties in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $65.60.

In other news, CEO Colin V. Reed acquired 10,000 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was acquired at an average price of $66.15 per share, with a total value of $661,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Colin V. Reed sold 19,280 shares of the firm’s stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $63.30, for a total transaction of $1,220,424.00. The disclosure for this sale can be found here. 3.40% of the stock is owned by company insiders.

Shares of Ryman Hospitality Properties, Inc. (NYSE RHP) traded up $0.30 during trading hours on Tuesday, hitting $69.74. 210,500 shares of the company were exchanged, compared to its average volume of 242,253. 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 company has a market cap of $3,570.00, a P/E ratio of 13.00, a price-to-earnings-growth ratio of 2.60 and a beta of 1.16. Ryman Hospitality Properties, Inc. has a 1 year low of $57.78 and a 1 year high of $70.77.

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

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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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