Apg Asset Management US Reduces $1M in Ryman Hospitality Properties, Inc. ($RHP)
Apg Asset Management trimmed its Ryman Hospitality Properties position by 4.85%, now holding 215,740 shares.
Key Points
- Apg Asset Management reduced its stake in Ryman Hospitality Properties by 11,002 shares, a 4.85% decrease, as per its latest 13F filing.
- Shares of Ryman Hospitality Properties traded near $122.81, with a market cap of $7.75 billion and a P/E ratio of 32.40.
- Analysts maintain a strong buy consensus with a mean target price of $124.00, following recent price target updates.
Apg Asset Management US has trimmed its position in Ryman Hospitality Properties, Inc. (NYSE: RHP) by 11,002 shares, according to its latest 13F filing with the SEC. This reduction, reported on May 13, 2026, reflects a 4.85% decrease in its holdings, bringing the total to 215,740 shares valued at approximately $26.5 million as of the reporting period.
What Changed in Apg Asset Management's Ryman Hospitality Properties Position
Apg Asset Management reduced its stake in Ryman Hospitality Properties from 226,742 shares to 215,740 shares, marking a decrease of 11,002 shares or 4.85%. The total value of the position is now approximately $26.5 million. This trimming of shares suggests a slight repositioning within the fund's portfolio.
Other Institutional Activity in Ryman Hospitality Properties
Among other institutional investors, BlackRock, Inc. increased its holdings by 13,756 shares, bringing its total to 10,801,453 shares worth about $996.7 million. Vanguard Portfolio Management LLC initiated a position with 5,885,610 shares valued at $543.1 million. State Street Corp added 11,361 shares to hold a total of 3,474,769 shares valued at $324.7 million. On the other hand, Principal Financial Group Inc reduced its position by 342,092 shares, leaving it with 2,094,286 shares worth $193.2 million.
Ryman Hospitality Properties Stock Snapshot
Shares of Ryman Hospitality Properties (NYSE: RHP) were trading near $122.81. The company has a market capitalization of approximately $7.75 billion and a P/E ratio of 32.40. Its forward P/E is 24.79, indicating expectations of future growth. The stock's 52-week range is between $83.82 and $123.35, with a 50-day moving average of $107.82 and a 200-day moving average of $97.90. The company has a beta of 1.229, suggesting moderate volatility relative to the market.
Recent Earnings
In its most recent earnings report, Ryman Hospitality Properties posted revenue of about $2.64 billion, reflecting a growth of 13.2%. The net margin stood at 9.49%, with a return on equity of 23.42%. The company reported earnings per share (EPS) of $3.79. The next earnings release is scheduled for August 6, 2026.
Dividend
Ryman Hospitality Properties offers an annual dividend rate of $4.75, yielding 3.87%. The payout ratio is 123.68%, indicating the company returns a significant portion of its earnings to shareholders.
Insider Buying and Selling at Ryman Hospitality Properties, Inc.
Recent insider activity at Ryman Hospitality Properties includes several transactions. On May 9, 2026, Christine Pantoya bought 1,260 shares, while on May 8, 2026, Rachna Bhasin, Michael Isor Roth, and Erin Claire Helgren each sold 1,332 shares. William Haslam also bought 1,332 shares on the same date. These transactions were not part of any planned trading program.
Analysts Set New Price Targets
On June 1, 2026, Barclays maintained its buy rating on Ryman Hospitality Properties with a price target of $120. Wells Fargo also maintained a buy rating with a target of $126. Earlier, on May 26, 2026, Truist Securities set a price target of $132, maintaining its buy rating. The consensus among analysts is a strong buy, with a mean target price of $124.00 based on 15 analyst opinions.
About Ryman Hospitality Properties
Ryman Hospitality Properties, Inc. is a real estate investment trust (REIT) specializing in upscale convention center resorts and entertainment experiences. Based in Nashville, Tennessee, the company owns and operates several large convention center hotels across the United States, including the iconic Gaylord hotels. Ryman also has a controlling interest in Opry Entertainment Group, which manages various entertainment venues and brands. The company is led by CEO Mark Fioravanti and employs over 1,000 people.
Bottom Line
Apg Asset Management's decision to trim its stake in Ryman Hospitality Properties is part of its routine portfolio adjustments. Investors watch these filings to gauge institutional sentiment, though they reflect past holdings and may not indicate current positions. Ryman's strong market position and analyst confidence underscore its appeal in the real estate sector.
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.