Sheaff Brock Investment Advisors LLC Sells 438 Shares of Ryman Hospitality Properties, Inc. (NYSE:RHP)

Sheaff Brock Investment Advisors LLC lowered its holdings in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) by 7.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 5,754 shares of the real estate investment trust’s stock after selling 438 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Ryman Hospitality Properties were worth $600,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Principal Financial Group Inc. grew its holdings in Ryman Hospitality Properties by 41.9% during the third quarter. Principal Financial Group Inc. now owns 3,153,360 shares of the real estate investment trust’s stock worth $338,168,000 after purchasing an additional 931,283 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Ryman Hospitality Properties by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,458,389 shares of the real estate investment trust’s stock worth $156,427,000 after acquiring an additional 12,323 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Ryman Hospitality Properties by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 964,315 shares of the real estate investment trust’s stock worth $103,413,000 after acquiring an additional 6,289 shares during the period. Hamlin Capital Management LLC bought a new stake in shares of Ryman Hospitality Properties during the fourth quarter worth approximately $65,142,000. Finally, Duff & Phelps Investment Management Co. boosted its holdings in shares of Ryman Hospitality Properties by 10.6% during the third quarter. Duff & Phelps Investment Management Co. now owns 611,031 shares of the real estate investment trust’s stock worth $65,527,000 after acquiring an additional 58,685 shares during the period. Institutional investors own 94.48% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on RHP shares. Truist Financial boosted their price objective on Ryman Hospitality Properties from $130.00 to $136.00 and gave the stock a “buy” rating in a report on Monday, November 18th. BMO Capital Markets started coverage on Ryman Hospitality Properties in a report on Monday, December 9th. They set an “outperform” rating and a $133.00 price objective for the company. Jefferies Financial Group assumed coverage on Ryman Hospitality Properties in a report on Wednesday, November 6th. They set a “buy” rating and a $130.00 price objective for the company. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $100.00 price target on shares of Ryman Hospitality Properties in a research report on Friday, December 13th. Finally, Wells Fargo & Company lifted their price target on shares of Ryman Hospitality Properties from $124.00 to $130.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $127.50.

Ryman Hospitality Properties Stock Down 0.2 %

NYSE RHP opened at $102.27 on Monday. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 6.07. Ryman Hospitality Properties, Inc. has a 1-year low of $93.76 and a 1-year high of $122.91. The company has a 50 day moving average of $105.64 and a 200-day moving average of $106.89. The company has a market cap of $6.13 billion, a price-to-earnings ratio of 18.17, a PEG ratio of 2.48 and a beta of 1.67.

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.