Segall Bryant & Hamill LLC Invests $680,000 in Ryman Hospitality Properties, Inc. $RHP

Segall Bryant & Hamill LLC acquired a new position in Ryman Hospitality Properties, Inc. (NYSE:RHP) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,142 shares of the real estate investment trust’s stock, valued at approximately $680,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in RHP. Royal Bank of Canada increased its position in shares of Ryman Hospitality Properties by 44.1% during the first quarter. Royal Bank of Canada now owns 39,740 shares of the real estate investment trust’s stock worth $3,634,000 after buying an additional 12,169 shares during the period. AQR Capital Management LLC lifted its holdings in Ryman Hospitality Properties by 131.0% in the first quarter. AQR Capital Management LLC now owns 13,418 shares of the real estate investment trust’s stock valued at $1,227,000 after buying an additional 7,610 shares during the period. Goldman Sachs Group Inc. boosted its position in Ryman Hospitality Properties by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 784,970 shares of the real estate investment trust’s stock valued at $71,778,000 after acquiring an additional 63,507 shares during the last quarter. Jane Street Group LLC boosted its position in Ryman Hospitality Properties by 306.5% during the first quarter. Jane Street Group LLC now owns 36,162 shares of the real estate investment trust’s stock valued at $3,307,000 after acquiring an additional 27,267 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in Ryman Hospitality Properties by 240.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 296 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 209 shares during the period. Institutional investors and hedge funds own 94.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Ryman Hospitality Properties from $113.00 to $129.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. BMO Capital Markets reiterated an “outperform” rating and issued a $137.00 price objective on shares of Ryman Hospitality Properties in a research note on Friday, June 12th. Barclays increased their target price on shares of Ryman Hospitality Properties from $120.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Cantor Fitzgerald raised their price target on shares of Ryman Hospitality Properties from $115.00 to $124.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Finally, Raymond James Financial reissued an “outperform” rating and set a $125.00 price objective on shares of Ryman Hospitality Properties in a research report on Monday, June 8th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $127.10.

Ryman Hospitality Properties Price Performance

Ryman Hospitality Properties stock opened at $127.53 on Thursday. Ryman Hospitality Properties, Inc. has a 52 week low of $83.82 and a 52 week high of $137.46. The company’s 50 day moving average price is $125.70 and its two-hundred day moving average price is $108.83. The stock has a market cap of $8.05 billion, a P/E ratio of 33.65, a P/E/G ratio of 2.29 and a beta of 1.20. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.15.

Ryman Hospitality Properties Profile

Ryman Hospitality Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership and operation of group?oriented, large convention center hotel resorts. The company’s portfolio is anchored by its Gaylord Hotels brand, offering integrated resort, convention, entertainment and dining experiences under long?term management agreements with Marriott International.

Ryman’s flagship properties include Gaylord Opryland Resort & Convention Center in Nashville, Gaylord Texan Resort & Convention Center near Dallas/Fort Worth and Gaylord Palms Resort & Convention Center in Orlando, Florida.