StockNews.com upgraded shares of Ryman Hospitality Properties (NYSE:RHP – Free Report) from a sell rating to a hold rating in a research report sent to investors on Friday.
Several other equities research analysts have also recently weighed in on RHP. JPMorgan Chase & Co. increased their target price on Ryman Hospitality Properties from $104.00 to $105.00 and gave the company a neutral rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Ryman Hospitality Properties from $141.00 to $136.00 and set a buy rating on the stock in a research note on Thursday, May 9th. Finally, Truist Financial dropped their price target on shares of Ryman Hospitality Properties from $135.00 to $130.00 and set a buy rating for the company in a research report on Thursday, May 30th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus price target of $118.71.
Read Our Latest Analysis on Ryman Hospitality Properties
Ryman Hospitality Properties Stock Performance
Insiders Place Their Bets
In related news, Director Christine Pantoya sold 1,491 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $105.94, for a total value of $157,956.54. Following the sale, the director now directly owns 4,973 shares of the company’s stock, valued at $526,839.62. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Ryman Hospitality Properties news, Director Christine Pantoya sold 1,491 shares of the company’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $105.94, for a total value of $157,956.54. Following the sale, the director now owns 4,973 shares in the company, valued at $526,839.62. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director William E. Haslam purchased 9,972 shares of the company’s stock in a transaction dated Thursday, June 13th. The stock was bought at an average cost of $100.28 per share, for a total transaction of $999,992.16. Following the completion of the transaction, the director now owns 22,790 shares in the company, valued at $2,285,381.20. The disclosure for this purchase can be found here. Company insiders own 3.00% of the company’s stock.
Hedge Funds Weigh In On Ryman Hospitality Properties
A number of hedge funds have recently bought and sold shares of RHP. SYSTM Wealth Solutions LLC bought a new stake in Ryman Hospitality Properties in the 2nd quarter worth about $32,000. Edgestream Partners L.P. lifted its position in shares of Ryman Hospitality Properties by 111.7% in the second quarter. Edgestream Partners L.P. now owns 100,696 shares of the real estate investment trust’s stock worth $10,056,000 after buying an additional 53,125 shares in the last quarter. Renaissance Technologies LLC raised its position in Ryman Hospitality Properties by 19.3% in the 2nd quarter. Renaissance Technologies LLC now owns 108,041 shares of the real estate investment trust’s stock worth $10,789,000 after purchasing an additional 17,500 shares during the period. Quantbot Technologies LP raised its holdings in shares of Ryman Hospitality Properties by 58.6% in the second quarter. Quantbot Technologies LP now owns 43,478 shares of the real estate investment trust’s stock worth $4,342,000 after buying an additional 16,068 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Ryman Hospitality Properties by 1.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 820,639 shares of the real estate investment trust’s stock worth $81,947,000 after acquiring an additional 8,469 shares during the last quarter. Institutional investors own 94.48% of the company’s stock.
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.
Read More
- Five stocks we like better than Ryman Hospitality Properties
- How to Invest in Biotech Stocks
- It’s Time to Take a Second Look at Take-Two Interactive Stock
- Stock Sentiment Analysis: How it Works
- Cirrus Logic Stock Surges on Strong Apple iPhone Upgrade Cycle
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- The Trade Desk : Premium Digital Ad Demand Fuels Record Growth
Receive News & Ratings for Ryman Hospitality Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryman Hospitality Properties and related companies with MarketBeat.com's FREE daily email newsletter.