Insider Selling: Ryman Hospitality Properties, Inc. (RHP) SVP Sells 3,250 Shares of Stock

Ryman Hospitality Properties, Inc. (NYSE:RHP) SVP Scott J. Lynn sold 3,250 shares of Ryman Hospitality Properties stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $68.41, for a total value of $222,332.50. Following the sale, the senior vice president now directly owns 4,147 shares of the company’s stock, valued at $283,696.27. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Ryman Hospitality Properties, Inc. (RHP) traded up $0.09 during trading hours on Thursday, reaching $68.02. The company had a trading volume of 300,800 shares, compared to its average volume of 240,835. The firm has a market cap of $3,477.76, a PE ratio of 12.72, a P/E/G ratio of 2.54 and a beta of 1.16. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.87 and a current ratio of 0.87. 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 released its quarterly earnings results on Tuesday, November 7th. The real estate investment trust reported $1.02 earnings per share 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 analysts’ expectations of $268.97 million. Ryman Hospitality Properties had a return on equity of 43.45% and a net margin of 13.10%. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period last year, the firm posted $1.28 EPS. equities research analysts predict that Ryman Hospitality Properties, Inc. will post 5.47 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be issued a $0.80 dividend. The ex-dividend date is Thursday, December 28th. This represents a $3.20 annualized dividend and a yield of 4.70%. Ryman Hospitality Properties’s dividend payout ratio is presently 108.47%.

Several analysts recently weighed in on RHP shares. Zacks Investment Research raised Ryman Hospitality Properties from a “hold” rating to a “buy” rating and set a $73.00 price target for the company in a report on Tuesday, October 17th. SunTrust Banks reissued a “hold” rating and set a $60.00 price target on shares of Ryman Hospitality Properties in a report on Friday, November 10th. Finally, BidaskClub raised Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $65.75.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio raised its holdings in Ryman Hospitality Properties by 2.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 60,136 shares of the real estate investment trust’s stock valued at $3,758,000 after acquiring an additional 1,247 shares in the last quarter. GSA Capital Partners LLP raised its holdings in Ryman Hospitality Properties by 454.7% in the 3rd quarter. GSA Capital Partners LLP now owns 17,784 shares of the real estate investment trust’s stock valued at $1,111,000 after acquiring an additional 14,578 shares in the last quarter. Eii Capital Management Inc. acquired a new position in Ryman Hospitality Properties in the 3rd quarter valued at $643,000. Neuberger Berman Group LLC raised its holdings in Ryman Hospitality Properties by 3.8% in the 3rd quarter. Neuberger Berman Group LLC now owns 164,065 shares of the real estate investment trust’s stock valued at $10,252,000 after acquiring an additional 5,951 shares in the last quarter. Finally, Green Square Capital LLC acquired a new position in Ryman Hospitality Properties in the 3rd quarter valued at $5,993,000. 87.30% of the stock is owned by hedge funds and other institutional investors.

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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.

Insider Buying and Selling by Quarter for Ryman Hospitality Properties (NYSE:RHP)

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