Colony Capital Inc. purchased a new position in shares of Ryman Hospitality Properties Inc (NYSE:RHP) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 16,500 shares of the real estate investment trust’s stock, valued at approximately $1,430,000. Ryman Hospitality Properties accounts for approximately 1.3% of Colony Capital Inc.’s portfolio, making the stock its 22nd biggest holding.

Several other hedge funds have also recently bought and sold shares of the company. TCI Wealth Advisors Inc. bought a new position in Ryman Hospitality Properties in the 3rd quarter worth about $33,000. Cullen Frost Bankers Inc. boosted its stake in Ryman Hospitality Properties by 456.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 423 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 347 shares during the period. Pinnacle Financial Partners Inc. bought a new position in Ryman Hospitality Properties in the 4th quarter worth about $75,000. FMR LLC boosted its stake in Ryman Hospitality Properties by 24.5% in the 1st quarter. FMR LLC now owns 997 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 196 shares during the period. Finally, CAPROCK Group Inc. bought a new position in Ryman Hospitality Properties in the 4th quarter worth about $201,000. Institutional investors own 82.44% of the company’s stock.

In other Ryman Hospitality Properties news, CEO Colin V. Reed purchased 6,426 shares of the stock in a transaction on Monday, December 16th. The shares were purchased at an average price of $86.01 per share, with a total value of $552,700.26. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 3.30% of the company’s stock.

RHP has been the subject of several analyst reports. ValuEngine upgraded Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research note on Saturday, February 1st. Zacks Investment Research upgraded Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. SunTrust Banks cut their target price on Ryman Hospitality Properties from $85.00 to $83.00 and set a “hold” rating for the company in a research note on Friday, November 29th. Wells Fargo & Co cut their target price on Ryman Hospitality Properties from $95.00 to $93.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Finally, Deutsche Bank restated a “buy” rating and issued a $106.00 target price on shares of Ryman Hospitality Properties in a research note on Monday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $89.80.

NYSE:RHP opened at $90.49 on Friday. The business’s 50-day moving average price is $86.31 and its two-hundred day moving average price is $84.08. Ryman Hospitality Properties Inc has a twelve month low of $70.83 and a twelve month high of $91.57. The stock has a market cap of $4.81 billion, a P/E ratio of 17.95, a PEG ratio of 2.38 and a beta of 1.16. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 8.63.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.90 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $3.60 annualized dividend and a dividend yield of 3.98%. Ryman Hospitality Properties’s payout ratio is currently 61.43%.

Ryman Hospitality Properties Company Profile

Ryman Hospitality Properties, Inc (NYSE:RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The Company's owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by lodging operator Marriott International, Inc under the Gaylord Hotels brand.

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Institutional Ownership by Quarter for Ryman Hospitality Properties (NYSE:RHP)

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