Versor Investments LP Has $322,000 Holdings in Ryman Hospitality Properties, Inc. (NYSE:RHP)

Versor Investments LP lifted its stake in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) by 34.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,088 shares of the real estate investment trust’s stock after buying an additional 787 shares during the quarter. Versor Investments LP’s holdings in Ryman Hospitality Properties were worth $322,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Quarry LP bought a new position in shares of Ryman Hospitality Properties in the 3rd quarter worth $28,000. Heck Capital Advisors LLC bought a new position in Ryman Hospitality Properties in the 4th quarter valued at about $31,000. Avior Wealth Management LLC increased its holdings in Ryman Hospitality Properties by 44.9% during the 3rd quarter. Avior Wealth Management LLC now owns 442 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 137 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Ryman Hospitality Properties by 79.9% during the third quarter. Farther Finance Advisors LLC now owns 491 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 218 shares in the last quarter. Finally, Venturi Wealth Management LLC purchased a new stake in Ryman Hospitality Properties in the 4th quarter valued at $83,000. 94.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RHP has been the subject of several analyst reports. Jefferies Financial Group initiated coverage on shares of Ryman Hospitality Properties in a report on Wednesday, November 6th. They issued a “buy” rating and a $130.00 target price for the company. StockNews.com raised Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research report on Saturday. Truist Financial reiterated a “buy” rating and set a $133.00 target price (down from $136.00) on shares of Ryman Hospitality Properties in a research note on Tuesday, February 25th. BMO Capital Markets initiated coverage on shares of Ryman Hospitality Properties in a report on Monday, December 9th. They set an “outperform” rating and a $133.00 price objective for the company. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $100.00 target price on shares of Ryman Hospitality Properties in a research note on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $125.67.

Insiders Place Their Bets

In other Ryman Hospitality Properties news, Chairman Colin V. Reed purchased 8,231 shares of the stock in a transaction on Wednesday, February 26th. The stock was acquired at an average cost of $97.54 per share, with a total value of $802,851.74. Following the completion of the purchase, the chairman now directly owns 832,260 shares of the company’s stock, valued at approximately $81,178,640.40. This trade represents a 1.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Alvin L. Bowles, Jr. sold 473 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $97.03, for a total value of $45,895.19. Following the transaction, the director now directly owns 2,675 shares in the company, valued at $259,555.25. This trade represents a 15.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.00% of the company’s stock.

Ryman Hospitality Properties Stock Down 0.7 %

RHP stock opened at $98.16 on Tuesday. Ryman Hospitality Properties, Inc. has a twelve month low of $93.76 and a twelve month high of $121.77. The firm has a market capitalization of $5.88 billion, a PE ratio of 22.36, a PEG ratio of 2.71 and a beta of 1.67. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 6.07. The stock has a 50-day simple moving average of $103.12 and a two-hundred day simple moving average of $106.94.

Ryman Hospitality Properties (NYSE:RHP) last announced its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $2.15 EPS for the quarter, beating the consensus estimate of $1.21 by $0.94. Ryman Hospitality Properties had a net margin of 11.61% and a return on equity of 49.23%. The firm had revenue of $647.63 million during the quarter, compared to the consensus estimate of $656.01 million. On average, equities analysts predict that Ryman Hospitality Properties, Inc. will post 8.81 EPS for the current fiscal year.

Ryman Hospitality Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date is Monday, March 31st. Ryman Hospitality Properties’s dividend payout ratio is currently 104.78%.

About Ryman Hospitality Properties

Ryman Hospitality Properties, Inc (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space.