Janus Henderson Group PLC Purchases 14,152 Shares of Ryman Hospitality Properties, Inc. $RHP

Janus Henderson Group PLC raised its position in Ryman Hospitality Properties, Inc. (NYSE:RHP) by 5.0% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 297,426 shares of the real estate investment trust’s stock after purchasing an additional 14,152 shares during the period. Janus Henderson Group PLC’s holdings in Ryman Hospitality Properties were worth $27,447,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC boosted its stake in shares of Ryman Hospitality Properties by 437.0% in the 1st quarter. International Assets Investment Management LLC now owns 290 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 236 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of Ryman Hospitality Properties by 61.7% during the third quarter. Caitong International Asset Management Co. Ltd now owns 296 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 113 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in Ryman Hospitality Properties by 155.0% during the fourth quarter. Global Retirement Partners LLC now owns 283 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 172 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Ryman Hospitality Properties by 240.2% during the first 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. Finally, Los Angeles Capital Management LLC purchased a new position in Ryman Hospitality Properties in the fourth quarter worth $28,000. Institutional investors own 94.48% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. BMO Capital Markets restated an “outperform” rating and issued a $137.00 price objective on shares of Ryman Hospitality Properties in a research note on Friday, June 12th. Wells Fargo & Company boosted their price target on shares of Ryman Hospitality Properties from $126.00 to $136.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Weiss Ratings lowered shares of Ryman Hospitality Properties from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price objective on shares of Ryman Hospitality Properties from $113.00 to $129.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Finally, Cantor Fitzgerald increased their target price on shares of Ryman Hospitality Properties from $115.00 to $124.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Ryman Hospitality Properties has an average rating of “Moderate Buy” and an average target price of $127.10.

Ryman Hospitality Properties Stock Performance

Shares of RHP opened at $133.76 on Monday. Ryman Hospitality Properties, Inc. has a 1 year low of $83.82 and a 1 year high of $137.46. The company has a debt-to-equity ratio of 5.15, a current ratio of 1.35 and a quick ratio of 1.35. The stock’s fifty day moving average price is $124.77 and its two-hundred day moving average price is $108.08. The firm has a market cap of $8.44 billion, a PE ratio of 35.29, a PEG ratio of 2.39 and a beta of 1.20.

Ryman Hospitality Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $1.20 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $4.80 annualized dividend and a yield of 3.6%. Ryman Hospitality Properties’s dividend payout ratio (DPR) is 126.65%.

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.