PFS Investments Inc. Increases Stock Holdings in Ryman Hospitality Properties, Inc. (NYSE:RHP)

PFS Investments Inc. boosted its stake in Ryman Hospitality Properties, Inc. (NYSE:RHPGet Rating) by 21.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 25,165 shares of the real estate investment trust’s stock after acquiring an additional 4,405 shares during the quarter. PFS Investments Inc.’s holdings in Ryman Hospitality Properties were worth $2,314,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of RHP. Wellington Management Group LLP lifted its holdings in Ryman Hospitality Properties by 2.4% during the third quarter. Wellington Management Group LLP now owns 3,806,237 shares of the real estate investment trust’s stock valued at $318,583,000 after purchasing an additional 90,322 shares in the last quarter. Invesco Ltd. increased its stake in Ryman Hospitality Properties by 776.4% during the third quarter. Invesco Ltd. now owns 2,296,820 shares of the real estate investment trust’s stock worth $192,242,000 after purchasing an additional 2,034,749 shares during the period. Cohen & Steers Inc. lifted its position in shares of Ryman Hospitality Properties by 298,621.2% during the third quarter. Cohen & Steers Inc. now owns 2,102,997 shares of the real estate investment trust’s stock worth $176,021,000 after purchasing an additional 2,102,293 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Ryman Hospitality Properties by 6.7% in the fourth quarter. JPMorgan Chase & Co. now owns 1,289,595 shares of the real estate investment trust’s stock valued at $118,593,000 after purchasing an additional 81,283 shares during the period. Finally, American Century Companies Inc. grew its holdings in shares of Ryman Hospitality Properties by 71.4% in the third quarter. American Century Companies Inc. now owns 861,923 shares of the real estate investment trust’s stock valued at $72,143,000 after purchasing an additional 359,156 shares in the last quarter. 95.20% of the stock is owned by institutional investors.

RHP opened at $82.80 on Friday. Ryman Hospitality Properties, Inc. has a one year low of $69.87 and a one year high of $101.19. The company has a market cap of $4.57 billion, a P/E ratio of -46.78 and a beta of 1.55. The business’s 50-day simple moving average is $91.62 and its 200-day simple moving average is $88.94.

Ryman Hospitality Properties (NYSE:RHPGet Rating) last announced its quarterly earnings results on Monday, May 2nd. The real estate investment trust reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($1.38). Ryman Hospitality Properties had a negative net margin of 8.41% and a negative return on equity of 1,684.43%. During the same period last year, the company earned ($0.91) earnings per share. Analysts forecast that Ryman Hospitality Properties, Inc. will post 5.91 EPS for the current year.

A number of research firms have recently weighed in on RHP. Sumitomo Mitsui Financial Group initiated coverage on Ryman Hospitality Properties in a research report on Thursday, March 24th. They set a “neutral” rating on the stock. Wells Fargo & Company lifted their price objective on Ryman Hospitality Properties from $100.00 to $104.00 and gave the company an “overweight” rating in a research note on Wednesday, April 6th. Zacks Investment Research upgraded shares of Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research note on Thursday, March 3rd. Raymond James raised their target price on shares of Ryman Hospitality Properties from $98.00 to $105.00 and gave the company an “outperform” rating in a report on Thursday, April 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Ryman Hospitality Properties from $114.00 to $116.00 in a report on Thursday, May 5th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $100.67.

Ryman Hospitality Properties Profile (Get Rating)

Ryman Hospitality Properties, Inc (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. The Company's core holdings* include a network of five of the top 10 largest non-gaming convention center hotels in the United States based on total indoor meeting space.

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

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