Ryman Hospitality Properties, Inc. (NYSE:RHP – Get Free Report) Chairman Colin V. Reed acquired 8,077 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The shares were bought at an average cost of $97.78 per share, for a total transaction of $789,769.06. Following the transaction, the chairman now owns 827,220 shares of the company’s stock, valued at $80,885,571.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Ryman Hospitality Properties Stock Up 2.1 %
Ryman Hospitality Properties stock opened at $100.13 on Friday. Ryman Hospitality Properties, Inc. has a twelve month low of $79.86 and a twelve month high of $122.91. The stock’s fifty day simple moving average is $100.40 and its 200-day simple moving average is $107.86. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 6.33. The firm has a market capitalization of $6.00 billion, a P/E ratio of 20.63, a P/E/G ratio of 2.08 and a beta of 1.64.
Institutional Investors Weigh In On Ryman Hospitality Properties
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC purchased a new position in shares of Ryman Hospitality Properties during the fourth quarter worth approximately $27,000. Fifth Third Bancorp boosted its stake in shares of Ryman Hospitality Properties by 347.6% during the second quarter. Fifth Third Bancorp now owns 282 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 219 shares during the period. Parallel Advisors LLC grew its holdings in shares of Ryman Hospitality Properties by 6,550.0% during the fourth quarter. Parallel Advisors LLC now owns 266 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 262 shares during the last quarter. Quest Partners LLC increased its holdings in shares of Ryman Hospitality Properties by 8,450.0% in the second quarter. Quest Partners LLC now owns 342 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 338 shares during the period. Finally, Larson Financial Group LLC purchased a new stake in shares of Ryman Hospitality Properties during the first quarter worth approximately $35,000. 94.48% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Read Our Latest Analysis on RHP
Ryman Hospitality Properties Company 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.
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