Apg Asset Management US Reduces $1M in Ryman Hospitality Properties, Inc. ($RHP)
Key Points
- Apg Asset Management US changed its Ryman Hospitality Properties, Inc. ($RHP) stake by 4.9% last quarter, cutting to 215,740 shares worth $26.50 million.
- Wall Street's consensus rating on $RHP is Strong Buy and an average price target of $124.00.
- $RHP last traded around $122.81.
Apg Asset Management US trimmed its position in Ryman Hospitality Properties, Inc. ($RHP) by 4.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 215,740 shares of Ryman Hospitality Properties, Inc. after selling 11,002 shares during the quarter. Apg Asset Management US's holdings in Ryman Hospitality Properties, Inc. were worth $26.50 million as of its most recent filing.
Ryman Hospitality Properties, Inc. ($RHP) Stock
Ryman Hospitality Properties, Inc. Earnings
Ryman Hospitality Properties, Inc. Dividend
Analysts Set New Price Targets
About Ryman Hospitality Properties, Inc.
Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust. It specializes in upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space. The Company also owns JW Marriott Phoenix Desert Ridge Resort & Spa and JW Marriott San Antonio Hill Country Resort & Spa as well as two ancillary hotels adjacent to our Gaylord Hotels properties. The Company's hotel portfolio is managed by Marriott International and includes a combined total of 12,364 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns an approximate 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Category 10, Nashville-area attractions; Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. OEG manages select outdoor live music venues, including Ascend Federal Credit Union Amphitheater in Nashville and CCNB Amphitheatre in Simpsonville, South Carolina. OEG also has a majority interest in Southern Entertainment, a leading festival and events business. Ryman Hospitality Properties, Inc. was incorporated in 1991 in Delaware and is based in Nashville, Tennessee.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.