Amundi Acquires 2,419 Shares of Ryman Hospitality Properties, Inc. $RHP

Amundi grew its holdings in shares of Ryman Hospitality Properties, Inc. (NYSE:RHP) by 7.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,110 shares of the real estate investment trust’s stock after buying an additional 2,419 shares during the period. Amundi’s holdings in Ryman Hospitality Properties were worth $2,933,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of RHP. Heck Capital Advisors LLC bought a new position in shares of Ryman Hospitality Properties during the 4th quarter worth approximately $31,000. Fifth Third Bancorp boosted its holdings in shares of Ryman Hospitality Properties by 175.6% during the 1st quarter. Fifth Third Bancorp now owns 576 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 367 shares in the last quarter. CWM LLC boosted its holdings in shares of Ryman Hospitality Properties by 213.4% during the 1st quarter. CWM LLC now owns 724 shares of the real estate investment trust’s stock worth $66,000 after buying an additional 493 shares in the last quarter. GF Fund Management CO. LTD. bought a new position in shares of Ryman Hospitality Properties during the 4th quarter worth approximately $108,000. Finally, State of Wyoming boosted its holdings in shares of Ryman Hospitality Properties by 23.8% during the 4th quarter. State of Wyoming now owns 1,561 shares of the real estate investment trust’s stock worth $163,000 after buying an additional 300 shares in the last quarter. 94.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on RHP shares. Bank of America increased their price target on Ryman Hospitality Properties from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Wall Street Zen lowered Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Truist Financial lowered their target price on Ryman Hospitality Properties from $127.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, May 30th. JPMorgan Chase & Co. initiated coverage on Ryman Hospitality Properties in a research report on Monday, June 23rd. They set an “overweight” rating and a $117.00 target price on the stock. Finally, Wells Fargo & Company upped their target price on Ryman Hospitality Properties from $108.00 to $114.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Eight investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $115.50.

Insider Buying and Selling

In related news, Director H Eric Bolton, Jr. purchased 2,000 shares of the stock in a transaction that occurred on Thursday, August 14th. The stock was acquired at an average cost of $95.33 per share, with a total value of $190,660.00. Following the transaction, the director owned 2,000 shares of the company’s stock, valued at $190,660. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.00% of the company’s stock.

Ryman Hospitality Properties Trading Up 0.3%

NYSE RHP opened at $100.84 on Friday. The firm has a market capitalization of $6.35 billion, a P/E ratio of 24.07, a PEG ratio of 1.81 and a beta of 1.58. The business has a fifty day simple moving average of $98.33 and a 200 day simple moving average of $95.63. Ryman Hospitality Properties, Inc. has a 12 month low of $76.27 and a 12 month high of $121.77. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 4.72.

Ryman Hospitality Properties (NYSE:RHP) last released its quarterly earnings results on Monday, August 4th. The real estate investment trust reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.04. The business had revenue of $659.52 million during the quarter, compared to analyst estimates of $616.56 million. Ryman Hospitality Properties had a return on equity of 41.65% and a net margin of 10.74%.Ryman Hospitality Properties’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.78 EPS. Ryman Hospitality Properties has set its FY 2025 guidance at 7.930-8.490 EPS. On average, analysts predict that Ryman Hospitality Properties, Inc. will post 8.81 EPS for the current fiscal year.

Ryman Hospitality Properties Profile

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.