InterOcean Capital Group LLC Lowers Holdings in Ryman Hospitality Properties, Inc. (NYSE:RHP)

InterOcean Capital Group LLC trimmed its holdings in Ryman Hospitality Properties, Inc. (NYSE:RHPGet Rating) by 50.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,415 shares of the real estate investment trust’s stock after selling 2,500 shares during the period. InterOcean Capital Group LLC’s holdings in Ryman Hospitality Properties were worth $222,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Metropolitan Life Insurance Co NY boosted its holdings in shares of Ryman Hospitality Properties by 0.9% in the third quarter. Metropolitan Life Insurance Co NY now owns 17,910 shares of the real estate investment trust’s stock valued at $1,499,000 after purchasing an additional 152 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Ryman Hospitality Properties by 5.7% during the third quarter. Commonwealth Equity Services LLC now owns 3,216 shares of the real estate investment trust’s stock worth $269,000 after buying an additional 174 shares during the period. FMR LLC lifted its holdings in Ryman Hospitality Properties by 24.5% during the first quarter. FMR LLC now owns 997 shares of the real estate investment trust’s stock worth $82,000 after buying an additional 196 shares during the period. First Republic Investment Management Inc. lifted its holdings in Ryman Hospitality Properties by 9.3% during the third quarter. First Republic Investment Management Inc. now owns 3,062 shares of the real estate investment trust’s stock worth $256,000 after buying an additional 261 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in Ryman Hospitality Properties by 0.3% during the third quarter. Alliancebernstein L.P. now owns 98,200 shares of the real estate investment trust’s stock worth $8,219,000 after buying an additional 316 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Ryman Hospitality Properties stock opened at $93.48 on Friday. Ryman Hospitality Properties, Inc. has a fifty-two week low of $68.64 and a fifty-two week high of $101.19. The firm has a 50 day moving average price of $91.40 and a 200 day moving average price of $88.56. The company has a market capitalization of $5.16 billion, a PE ratio of -29.03 and a beta of 1.67.

Ryman Hospitality Properties (NYSE:RHPGet Rating) last released its quarterly earnings data on Thursday, February 24th. The real estate investment trust reported ($0.11) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.05. The business had revenue of $377.43 million during the quarter, compared to analysts’ expectations of $321.16 million. Ryman Hospitality Properties had a negative net margin of 18.84% and a negative return on equity of 1,684.43%. The company’s revenue for the quarter was up 198.4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.56) EPS. As a group, research analysts predict that Ryman Hospitality Properties, Inc. will post 5.72 earnings per share for the current year.

A number of research firms have weighed in on RHP. StockNews.com lowered Ryman Hospitality Properties from a “hold” rating to a “sell” rating in a report on Friday. Wells Fargo & Company upped their price target on Ryman Hospitality Properties from $100.00 to $104.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 6th. Sumitomo Mitsui Financial Group began coverage on Ryman Hospitality Properties in a research report on Thursday, March 24th. They set a “neutral” rating on the stock. Deutsche Bank Aktiengesellschaft upped their price target on Ryman Hospitality Properties from $106.00 to $114.00 and gave the stock a “buy” rating in a research report on Thursday, April 7th. Finally, Zacks Investment Research raised Ryman Hospitality Properties from a “sell” rating to a “hold” rating in a research report on Thursday, March 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Ryman Hospitality Properties has an average rating of “Buy” and a consensus target price of $100.33.

Ryman Hospitality Properties Company 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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