River Road Asset Management, LLC Marginally Lowers Its Position in Ryman Hospitality Properties, I (RHP) Stock


Ryman Hospitality Properties, I (NYSE:RHP).

River Road Asset Management, LLC lowered its ownership in Ryman Hospitality Properties, I stock by 3.0% in its quarterly SEC filing. Its position was valued at $74,217,000 an increase of 0.4% as of the end of the quarter.

Here are some other firms who have updated their holdings. Cambridge Investment Research Advisors, Inc. bolstered its stake by buying 2,729 shares an increase of 53.4% from 03/31/2017 to 06/30/2017. Cambridge Investment Research Advisors, Inc. controls 7,844 shares worth $502,000. The value of the position overall is up by 58.9%. As of the end of the quarter Zurcher Kantonalbank (zurich Cantonalbank) had acquired a total of 164 shares growing its holdings by 4.5%. The value of the investment in (RHP) increased from $223,000 to $242,000 increasing 8.5% quarter over quarter.

As of quarter end Victory Capital Management Inc had bought 665,381 shares growing its position 4,010.0%. The value in dollars went from $1,046,000 to $43,653,000 a change of 4,073.3% for the reporting period.

On July 14, 2017 the stock rating was set at “Market Perform” by Raymond James which is down from the previous “Outperform” rating. On November 1 the company was rated “Outperform” in a report from Raymond James a boost from the previous “” rating.

August 17 investment analysts at Citigroup kept the company rating at “Neutral” but lowered the price target to $56.00 from $60.00. On February 29 Deutsche Bank made no change to the company rating of “Buy” and lowered the price target from $62.00 to $61.00.

On October 14, 2015 the stock rating was changed to a “Underperform” according to a Wells Fargo report which was a cut from the previous “Market Perform” rating. May 7 investment analysts at JMP Securities left the stock rating at “Market Outperform” but moved down the price target to $62.00 from $65.00.

The company is so far trading down by -0.08 percent from yesterday’s close. The company recently declared a dividend paid on Friday the 14th of July 2017. The dividend was $0.800 per share for the quarter or $3.20 annualized. This dividend represents a yield of $5.15. The ex-dividend date was set for Thursday the 15th of June 2017.

The stock is trading at $61.81 just below the 50 day moving average of $64.06 and a bit lower than the 200 day moving average of $63.35. The 50 day moving average was down by -3.52% and the 200 day average went down $-1.55 or -2.45%.

The company’s P/E ratio is 19.13 and market cap is 3.12B. In the latest earnings report the EPS was $3.23 and is estimated to be $3.07 for the current year with 50,558,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $0.67 with next year’s EPS projected to be $3.78.