Ryman Hospitality Properties Inc (RHP) Position Cut by Ramsey Quantitative Systems

Ramsey Quantitative Systems lessened its stake in Ryman Hospitality Properties Inc (NYSE:RHP) by 24.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,372 shares of the real estate investment trust’s stock after selling 1,101 shares during the period. Ramsey Quantitative Systems’ holdings in Ryman Hospitality Properties were worth $225,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in RHP. Nisa Investment Advisors LLC lifted its position in shares of Ryman Hospitality Properties by 155.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 985 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 600 shares in the last quarter. Sageworth Trust Co raised its position in Ryman Hospitality Properties by 242.8% during the third quarter. Sageworth Trust Co now owns 2,715 shares of the real estate investment trust’s stock valued at $234,000 after acquiring an additional 1,923 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. bought a new position in Ryman Hospitality Properties during the third quarter valued at approximately $236,000. Virtu Financial LLC bought a new position in Ryman Hospitality Properties during the fourth quarter valued at approximately $243,000. Finally, MML Investors Services LLC bought a new position in Ryman Hospitality Properties during the third quarter valued at approximately $251,000. Hedge funds and other institutional investors own 85.54% of the company’s stock.

RHP opened at $84.74 on Tuesday. Ryman Hospitality Properties Inc has a fifty-two week low of $64.36 and a fifty-two week high of $90.02. The company has a debt-to-equity ratio of 4.74, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 1.67 and a beta of 1.35.



Several equities analysts have commented on RHP shares. ValuEngine upgraded Ryman Hospitality Properties from a “hold” rating to a “buy” rating in a report on Wednesday, January 30th. Deutsche Bank increased their price target on Ryman Hospitality Properties from $94.00 to $98.00 and gave the company a “buy” rating in a report on Monday, February 11th. SunTrust Banks reiterated a “hold” rating and set a $76.00 price target on shares of Ryman Hospitality Properties in a report on Thursday, November 22nd. Zacks Investment Research upgraded Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a report on Tuesday, January 22nd. Finally, Raymond James upgraded shares of Ryman Hospitality Properties from a “market perform” rating to an “outperform” rating in a research note on Tuesday, January 8th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $91.80.

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About Ryman Hospitality Properties

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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