The equity research analysts at Truist Financial upgraded their recommendation for Ryman Hospitality Properties (NYSE: RHP) from a “hold” rating to a “buy” rating in a research note that was distributed to investors on Wednesday. It was The Fly that provided us with the information. In recent weeks, RHP has captured the attention of several additional research analysts who are interested in the company. TheStreet raised Ryman Hospitality Properties’ rating from “d+” to “c” in a report released Tuesday, August 2. Previously, Ryman Hospitality Properties had gotten a grade of “d.”

According to a report made available to the general public on August 3, 2013, Deutsche Bank Aktiengesellschaft raised its price target on Ryman Hospitality Properties from $116.00 to $120.00. The findings of this study were made public. The price objective for Ryman Hospitality Properties was reduced from $107 to $101 in a research report that was made public by Wells Fargo & Firm on August 29. The company was also given an “overweight” rating in the study. In a research note released on August 22, Citigroup revealed its decision to raise its target price for Ryman Hospitality Properties to $110.00.

Last but not least, the recommendation for Ryman Hospitality Properties was changed from “sell” to “hold” in a research report published on Wednesday, August 3, by StockNews.com. The study was released on Wednesday, August 3. Five analysts think that investors should buy the stock, while only two think investors should hold on to it. According to data from Bloomberg.com, the organization is presently seen as having a consensus recommendation of “Moderate Buy,” and investors have set an average price objective of $106.40 for the stock. When the market opened on Wednesday, the price of an individual share of RHP’s stock was $80.45. The debt-to-equity ratio comes in at 459.48, the current ratio at 1.42, and the quick ratio at 1.42.

The debt-to-equity ratio is the highest of the three ratios. During the previous year, the price of Ryman Hospitality Properties fluctuated between $70.46 and $101.19, reaching an all-time low of $70.46 and a new all-time high of $101.19. Over the last 50 days, the moving average for the company is $83.46; over the last 200 days, it is $87.48. It has a beta value of 1.58 and a price-to-earnings ratio of 423.42, contributing to its current market worth of $4.44 billion.
On August 1, the most recent quarterly report for Ryman Hospitality Properties, traded on the NYSE under the symbol RHP, was made accessible to the general public. The real estate investment trust (REIT) reported $0.91 per share earnings for the quarter, which was $0.04 higher than the average prediction of $0.87 that industry analysts supplied. Ryman Hospitality Properties had a return on equity of negative 55.38% and a net margin of 0.77%.

The company’s return on equity was also negative. The company generated quarterly revenue of $470.20 million, which was much more than the average projection of $427.99 million among experts. When measured against the performance of the preceding year, the value of each share of the company’s stock dropped by $0.03 overall. The increase in the company’s revenue for the most recent quarter was 175.2% more than during the year before. As shown by projections provided by analysts who specialize in the hospitality business, it is anticipated that Ryman Hospitality Properties will make earnings of $6.14 per share during the hospitality business.

On August 15, Director Christine Pantoya conducted a transaction in which she sold 400 shares of the company’s stock. This is related to other recent events. The total amount received for the sale of the shares was $37,608.00, and the price that was paid on average for each share was $94.02. As a result of the transaction being finalized, the director now directly owns 4,973 shares of the company’s stock, which have a combined value of $467,561.46. The transaction was made publicly known by a filing made available by the Securities and Exchange Commission (SEC) and may be viewed on their website. On Monday, August 15, it was announced that Ryman Hospitality Properties director Christine Pantoya sold 400 shares. The transaction occurred as previously mentioned in other news about Ryman Hospitality Properties.

The total amount received for the sale of the shares was $37,608.00, and the price that was paid on average for each share was $94.02. As a result of the transaction being finalized, the director now directly owns 4,973 shares of the company’s stock, which have a combined value of $467,561.46. This transaction was detailed in a document distributed by the SEC and published on this website, where it is now available for viewing. Rachna Bhasin, a company director, sold a total of 4,810 shares of the company’s stock on Wednesday, August 17. The transaction involved the sale of the shares at an average price of $92.53 per share, which resulted in a total sale volume of $445,069.30. The director is the current owner of 4,585 shares of company stock, and the combined value of those shares is $424,250.05. Disclosures that are related to the sale might be found in this section of the website. Insiders own 3.30 percent of the total number of shares currently outstanding in the company.

In the most recent several months, several hedge funds have adjusted how they are invested in RHP. First Trust Advisors LP increased its stake in Ryman Hospitality Properties by 131.6% over the last three months of 2018, bringing the total number of shares it owns in the company to a total of 1,012. First Trust Advisors LP currently has a total of 56,200 shares of the real estate investment trust following the purchase of an additional 31,936 shares during the most recent quarter. When added together, the value of these shares comes to a total of $5,168,000. Raymond James & Associates increased its investment in Ryman Hospitality Properties by 106.6% during the fourth quarter, bringing the firm’s total holdings in the Ryman Hospitality Properties company to a total of 1. Raymond James & Associates now has a total of 16,260 shares of the real estate investment trust due to the purchase of an additional 8,389 shares during the most recent quarter. The value of all of Raymond James & Associates’s shares of the REIT comes to a total of $1,495,000.

The final three months of 2018 saw a 103.4% increase in the amount of Ryman Hospitality Properties that Bank of America Corp. DE held in its portfolio. Bank of America Corp DE now has a total of 379,489 shares of the company’s stock, which has a value of $34,898,000 after purchasing an additional 192,885 shares of the real estate investment trust during the most recent quarter. This brings the total number of shares that the company owns to 379,489. The value of AlphaCrest Capital Management LLC’s investment in Ryman Hospitality Properties was boosted by a factor of 31.0% during the fourth quarter. There are a total of 4,995 shares of the real estate investment trust that AlphaCrest Capital Management LLC now owns. These shares are worth $459,000. This represents a rise of 1,182 shares in the company’s stock since the conclusion of the preceding quarter. The Ryman Hospitality Properties holdings owned by the Teacher Retirement System of Texas grew by 18.1% during the fourth quarter. After purchasing 1,529 additional shares during the most recent quarter, the Teacher Retirement System of Texas now owns a total of 9,956 shares of the real estate investment trust, bringing the total value of their holdings to $916,000.

This brings the total number of shares they have ever owned to 9,956. A total of 93.81% of the company’s shares are held by institutional investors such as hedge funds and other financial organizations.
The Ryman Hospitality Properties, Inc., a real estate investment trust, is a sizable company specializing in opulent convention center resorts and country music entertainment venues (NYSE: RHP). Five of the ten largest hotels in the United States that are not affiliated with casino convention centers are included in the principal holdings of the corporation. The total indoor meeting space available at each hotel was used to determine this rating.

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