Keeley Teton Advisors LLC Has $27.41 Million Stake in Ryman Hospitality Properties, Inc. (RHP)

Keeley Teton Advisors LLC reduced its position in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) by 18.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 438,687 shares of the real estate investment trust’s stock after selling 97,836 shares during the period. Ryman Hospitality Properties accounts for approximately 1.5% of Keeley Teton Advisors LLC’s portfolio, making the stock its 14th largest position. Keeley Teton Advisors LLC owned 0.86% of Ryman Hospitality Properties worth $27,414,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. AJO LP lifted its holdings in Ryman Hospitality Properties by 502.4% in the second quarter. AJO LP now owns 729,581 shares of the real estate investment trust’s stock worth $46,700,000 after buying an additional 608,468 shares during the period. Vanguard Group Inc. lifted its holdings in Ryman Hospitality Properties by 2.7% in the second quarter. Vanguard Group Inc. now owns 8,241,851 shares of the real estate investment trust’s stock worth $527,561,000 after buying an additional 219,560 shares during the period. Numeric Investors LLC lifted its holdings in Ryman Hospitality Properties by 179.0% in the second quarter. Numeric Investors LLC now owns 337,563 shares of the real estate investment trust’s stock worth $21,607,000 after buying an additional 216,563 shares during the period. Balyasny Asset Management LLC purchased a new stake in Ryman Hospitality Properties in the second quarter worth about $9,215,000. Finally, BlackRock Inc. lifted its holdings in Ryman Hospitality Properties by 3.2% in the second quarter. BlackRock Inc. now owns 4,461,006 shares of the real estate investment trust’s stock worth $285,547,000 after buying an additional 139,518 shares during the period. Institutional investors own 87.30% of the company’s stock.

Several brokerages have commented on RHP. BidaskClub upgraded shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Zacks Investment Research lowered shares of Ryman Hospitality Properties from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 24th. SunTrust Banks reaffirmed a “hold” rating and set a $60.00 target price on shares of Ryman Hospitality Properties in a research note on Friday, November 10th. Finally, Deutsche Bank reaffirmed a “buy” rating and set a $70.00 target price (down previously from $71.00) on shares of Ryman Hospitality Properties in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Ryman Hospitality Properties presently has an average rating of “Hold” and an average price target of $65.75.

Shares of Ryman Hospitality Properties, Inc. (NYSE RHP) traded down $0.21 during midday trading on Wednesday, hitting $69.53. 197,100 shares of the company’s stock were exchanged, compared to its average volume of 242,060. Ryman Hospitality Properties, Inc. has a fifty-two week low of $57.78 and a fifty-two week high of $70.77. The company has a market capitalization of $3,570.43, a P/E ratio of 13.06, a price-to-earnings-growth ratio of 2.61 and a beta of 1.16. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 4.46.

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

In other Ryman Hospitality Properties news, CEO Colin V. Reed sold 19,280 shares of the firm’s stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $63.30, for a total transaction of $1,220,424.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.40% of the stock is currently owned by company insiders.

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Ryman Hospitality Properties Company Profile

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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