Overbrook Management Corp Lowers stake in Ryman Hospitality Properties (REIT) (RHP)

Ryman Hospitality Properties (REIT) (RHP) : Overbrook Management Corp reduced its stake in Ryman Hospitality Properties (REIT) by 6.36% during the most recent quarter end. The investment management company now holds a total of 906,145 shares of Ryman Hospitality Properties (REIT) which is valued at $49,511,763 after selling 61,503 shares in Ryman Hospitality Properties (REIT) , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Ryman Hospitality Properties (REIT) makes up approximately 9.79% of Overbrook Management Corp’s portfolio.

Other Hedge Funds, Including , Woodmont Investment Counsel sold out all of its stake in RHP during the most recent quarter. The investment firm sold 400 shares of RHP which is valued $21,856.Blackrock Investment Management boosted its stake in RHP in the latest quarter, The investment management firm added 10,956 additional shares and now holds a total of 161,780 shares of Ryman Hospitality Properties (REIT) which is valued at $8,839,659. Ryman Hospitality Properties (REIT) makes up approx 0.01% of Blackrock Investment Management’s portfolio.Victory Capital Management Inc reduced its stake in RHP by selling 97,564 shares or 13.13% in the most recent quarter. The Hedge Fund company now holds 645,594 shares of RHP which is valued at $34,958,915. Ryman Hospitality Properties (REIT) makes up approx 0.14% of Victory Capital Management Inc’s portfolio.Ubs Asset Management Americas Inc boosted its stake in RHP in the latest quarter, The investment management firm added 5,298 additional shares and now holds a total of 80,649 shares of Ryman Hospitality Properties (REIT) which is valued at $4,367,143.

Ryman Hospitality Properties (REIT) opened for trading at $54.4 and hit $54.76 on the upside on Tuesday, eventually ending the session at $54.57, with a gain of 1.00% or 0.54 points. The heightened volatility saw the trading volume jump to 2,47,842 shares. Company has a market cap of $2,783 M.

On the company’s financial health, Ryman Hospitality Properties (REIT) reported $1.59 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $1.57. The company had revenue of $293.20 million for the quarter, compared to analysts expectations of $291.57 million. The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS.

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