Matrix Asset Advisors Has Decreased Holding in Cisco Sys (CSCO) by $657,006; Ryman Hospitality Pptys (RHP) Holder Corsair Capital Management LP Has Lowered Position by $1.54 Million as Share Price Rose

June 24, 2018 - By Migdalia James

Ryman Hospitality Properties, Inc. (NYSE:RHP) Logo

Jay Petschek decreased its stake in Ryman Hospitality Pptys Inc (RHP) by 10.24% based on its latest 2018Q1 regulatory filing with the SEC. Corsair Capital Management Lp sold 20,004 shares as the company’s stock rose 15.84% while stock markets declined. The hedge fund run by Jay Petschek held 175,435 shares of the consumer services company at the end of 2018Q1, valued at $13.59M, down from 195,439 at the end of the previous reported quarter. Corsair Capital Management Lp who had been investing in Ryman Hospitality Pptys Inc for a number of months, seems to be less bullish one the $4.26B market cap company. The stock increased 1.61% or $1.33 during the last trading session, reaching $84.09. About 470,288 shares traded or 77.24% up from the average. Ryman Hospitality Properties, Inc. (NYSE:RHP) has risen 28.87% since June 24, 2017 and is uptrending. It has outperformed by 16.30% the S&P500. Some Historical RHP News: 01/05/2018 – RYMAN TO BUY REMAINING 50% OF OPRY CITY STAGE JOINT VENTURE; 01/05/2018 – Ryman Hospitality 1Q FFO $1.10/Shr; 17/05/2018 – RYMAN HEALTHCARE LTD RYM.NZ – IS PLANNING TO BUILD A NEW $100 MLN RETIREMENT VILLAGE IN HAVELOCK NORTH; 17/05/2018 – Ryman Healthcare FY Underlying Profit NZ$203.5M; 01/05/2018 – Ryman Hospitality 1Q Rev $288.4M; 24/05/2018 – RYMAN REPORTS $150M EXPANSION OF GAYLORD PALMS IN FLORIDA; 17/05/2018 – Ryman Healthcare FY EPS 77.6 NZ Cents; 17/05/2018 – RYMAN HEALTHCARE FY NET INCOME NZ$388.2M; 01/05/2018 – Ryman Hospitality 1Q EPS 53c; 17/05/2018 – RYMAN HEALTHCARE FINAL DIV/SHR 10.9 NZ CENTS

Matrix Asset Advisors Inc decreased its stake in Cisco Sys Inc (CSCO) by 2.5% based on its latest 2018Q1 regulatory filing with the SEC. Matrix Asset Advisors Inc sold 15,643 shares as the company’s stock declined 4.63% with the market. The institutional investor held 609,817 shares of the technology company at the end of 2018Q1, valued at $26.16M, down from 625,460 at the end of the previous reported quarter. Matrix Asset Advisors Inc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $203.16 billion market cap company. The stock increased 0.09% or $0.04 during the last trading session, reaching $43.2. About 27.46 million shares traded or 15.85% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 37.60% since June 24, 2017 and is uptrending. It has outperformed by 25.03% the S&P500. Some Historical CSCO News: 16/04/2018 – Gong.io Extends A1 Funding Round With Investment From Cisco Investments; 19/03/2018 – Tengler’s top picks include Cisco, Oracle, J.P. Morgan and FedEx; 15/05/2018 – ♫ Reuters Insider – U.S. Day Ahead: Macy’s goes for two quarters of sales growth in a row; 01/05/2018 – CISCO: INTENT TO BUY ACCOMPANY; 01/05/2018 – Cisco Announces Intent To Acquire Accompany; 16/05/2018 – CISCO SEES 4Q REV. +4% TO +6%, EST. +4.8%; 16/05/2018 – CISCO QTRLY INFRASTRUCTURE PLATFORMS REVENUE OF $7,163 MLN, UP 2 PCT; 28/03/2018 – Cisco Systems: Elliott, Martinez Will Serve as Executive Officers; 30/05/2018 – CISCO SYSTEMS INC CSCO.O SETS QUARTERLY DIVIDEND OF $0.33/SHR; 01/05/2018 – Cisco Announces May 2018 Event with the Financial Community

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on August, 15. They expect $0.63 EPS, up 14.55% or $0.08 from last year’s $0.55 per share. CSCO’s profit will be $2.96 billion for 17.14 P/E if the $0.63 EPS becomes a reality. After $0.60 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

Investors sentiment decreased to 0.73 in 2018 Q1. Its down 0.30, from 1.03 in 2017Q4. It dropped, as 66 investors sold CSCO shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. Renaissance Inv Limited Liability Company, Massachusetts-based fund reported 17,700 shares. Oxbow Advsr Ltd Llc holds 0.09% or 10,803 shares. Greenwich Wealth Limited Liability Corporation has invested 0.68% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Fukoku Mutual Life Insur holds 2.64% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 400,840 shares. The Texas-based Beacon Fincl Grp has invested 1.18% in Cisco Systems, Inc. (NASDAQ:CSCO). Community Ser Group Inc Llc holds 3.91% or 232,585 shares in its portfolio. Seaward Mgmt Ltd Partnership has invested 0.07% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Efg Asset (Americas) reported 10,549 shares stake. 333,270 were reported by Stephens Ar. Fincl Architects Inc reported 0.11% in Cisco Systems, Inc. (NASDAQ:CSCO). Putnam Invs Limited has invested 0.52% in Cisco Systems, Inc. (NASDAQ:CSCO). Fjarde Ap invested in 1.42 million shares. Private Harbour Invest Counsel Llc stated it has 2.5% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Lord Abbett And Co Llc invested 0.82% in Cisco Systems, Inc. (NASDAQ:CSCO). Visionary Asset Incorporated reported 7,861 shares or 0.1% of all its holdings.

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. had 173 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Monday, May 15 by Morgan Stanley. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, June 29 by Drexel Hamilton. The company was maintained on Thursday, March 22 by BMO Capital Markets. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Robert W. Baird on Thursday, June 29. The firm has “Buy” rating by GBH Insights given on Monday, May 14. The rating was maintained by RBC Capital Markets on Monday, November 13 with “Buy”. The firm earned “Hold” rating on Thursday, June 29 by Nomura. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, February 16. The firm has “Buy” rating by Oppenheimer given on Wednesday, August 16. The rating was maintained by Credit Suisse with “Underperform” on Thursday, May 19.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Seekingalpha.com which released: “Nvidia: The Rally Might Just Be Getting Started” on June 17, 2018, also Nasdaq.com with their article: “Advanced Micro Devices May Still Have Upside at New High” published on June 05, 2018, Nasdaq.com published: “Advanced Micro Devices, Inc. Stock Is Going to Keep Getting Hotter” on June 08, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Seekingalpha.com and their article: “Cisco Systems Is Ripe For A Pullback” published on June 18, 2018 as well as Globenewswire.com‘s news article titled: “Cisco Announces June 2018 Events with the Financial Community” with publication date: May 30, 2018.

Since February 20, 2018, it had 0 insider buys, and 3 selling transactions for $2.12 million activity. SARIN ARUN had sold 14,189 shares worth $625,751 on Tuesday, February 20. 12,126 shares were sold by BURNS M MICHELE, worth $550,153 on Monday, February 26.

Matrix Asset Advisors Inc, which manages about $977.80 million and $606.28 million US Long portfolio, upped its stake in Gilead Sciences Inc (NASDAQ:GILD) by 9,561 shares to 249,276 shares, valued at $18.79M in 2018Q1, according to the filing. It also increased its holding in Goldman Sachs Group Inc (NYSE:GS) by 29,571 shares in the quarter, for a total of 30,597 shares, and has risen its stake in Qualcomm Inc (NASDAQ:QCOM).

Since January 16, 2018, it had 2 insider buys, and 4 insider sales for $867,254 activity. Lynn Scott J had sold 2,500 shares worth $208,350. Westbrook Bennett D sold 5,000 shares worth $409,050. Chaffin Patrick S also sold $989,760 worth of Ryman Hospitality Properties, Inc. (NYSE:RHP) shares. The insider Hutcheson Jennifer L sold 2,428 shares worth $201,888.

Investors sentiment decreased to 0.83 in Q1 2018. Its down 0.20, from 1.03 in 2017Q4. It turned negative, as 17 investors sold RHP shares while 100 reduced holdings. 45 funds opened positions while 52 raised stakes. 43.55 million shares or 0.71% more from 43.24 million shares in 2017Q4 were reported. Peak6 Invs Ltd Partnership, Illinois-based fund reported 12,816 shares. Oberweis Asset Mgmt invested 0.34% of its portfolio in Ryman Hospitality Properties, Inc. (NYSE:RHP). Virginia Retirement Et Al holds 0.02% in Ryman Hospitality Properties, Inc. (NYSE:RHP) or 26,200 shares. Ameritas Invest Prtnrs owns 3,736 shares. Teton Inc reported 10,000 shares. New York-based Highbridge Capital Management Ltd Co has invested 0.08% in Ryman Hospitality Properties, Inc. (NYSE:RHP). Employees Retirement Association Of Colorado owns 9,214 shares for 0% of their portfolio. Envestnet Asset Management reported 4,639 shares. 285,790 are owned by Commercial Bank Of America Corp De. Gamco Invsts Inc Et Al has 1.8% invested in Ryman Hospitality Properties, Inc. (NYSE:RHP) for 3.45M shares. Lazard Asset Ltd Limited Liability Company reported 199,942 shares stake. Virginia-based Signature Fincl Mngmt Inc has invested 0.04% in Ryman Hospitality Properties, Inc. (NYSE:RHP). Mackay Shields Ltd Liability holds 56,767 shares or 0.03% of its portfolio. Taylor Frigon Cap Management Ltd Liability invested 1% in Ryman Hospitality Properties, Inc. (NYSE:RHP). Janney Montgomery Scott Ltd has invested 0.02% in Ryman Hospitality Properties, Inc. (NYSE:RHP).

Among 8 analysts covering Ryman Hospitality Properties (NYSE:RHP), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Ryman Hospitality Properties had 22 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Ryman Hospitality Properties, Inc. (NYSE:RHP) has “Outperform” rating given on Tuesday, December 19 by Wells Fargo. SunTrust maintained it with “Hold” rating and $59.0 target in Tuesday, October 17 report. The stock of Ryman Hospitality Properties, Inc. (NYSE:RHP) has “Buy” rating given on Monday, February 26 by Deutsche Bank. Bank of America upgraded the stock to “Buy” rating in Monday, January 8 report. The firm has “Neutral” rating by Citigroup given on Wednesday, August 17. The company was downgraded on Friday, March 3 by Bank of America. The stock of Ryman Hospitality Properties, Inc. (NYSE:RHP) earned “Neutral” rating by Citigroup on Thursday, March 1. The rating was upgraded by Citigroup to “Buy” on Friday, April 6. Deutsche Bank maintained the shares of RHP in report on Sunday, August 23 with “Buy” rating. The stock of Ryman Hospitality Properties, Inc. (NYSE:RHP) has “Outperform” rating given on Wednesday, November 2 by Raymond James.

Analysts await Ryman Hospitality Properties, Inc. (NYSE:RHP) to report earnings on August, 14. They expect $1.74 earnings per share, up 12.26% or $0.19 from last year’s $1.55 per share. RHP’s profit will be $88.23M for 12.08 P/E if the $1.74 EPS becomes a reality. After $1.18 actual earnings per share reported by Ryman Hospitality Properties, Inc. for the previous quarter, Wall Street now forecasts 47.46% EPS growth.

More notable recent Ryman Hospitality Properties, Inc. (NYSE:RHP) news were published by: Seekingalpha.com which released: “Ryman Hospitality Properties: Unique Assets, Fairly Valued” on June 08, 2018, also Bizjournals.com with their article: “Blake Shelton: It’s time for country artists to ‘stake a claim’ on Broadway” published on June 06, 2018, Globenewswire.com published: “Ryman Hospitality Properties, Inc. Announces Save-the-Date for Institutional Investor and Analyst Day – September 13 …” on June 04, 2018. More interesting news about Ryman Hospitality Properties, Inc. (NYSE:RHP) were released by: Streetinsider.com and their article: “Ryman Hospitality Properties (RHP) PT Raised to $92 at Deutsche Bank Following Nashville Visit” published on June 22, 2018 as well as Bizjournals.com‘s news article titled: “Gaylord Texan’s $155M expansion makes it the second-largest hotel in North Texas (Video)” with publication date: May 29, 2018.

Corsair Capital Management Lp, which manages about $1.44B and $538.53 million US Long portfolio, upped its stake in F M C Corp (NYSE:FMC) by 18,718 shares to 222,095 shares, valued at $17.01 million in 2018Q1, according to the filing. It also increased its holding in Aci Worldwide Inc (NASDAQ:ACIW) by 137,841 shares in the quarter, for a total of 746,005 shares, and has risen its stake in Caesars Entmt Corp (NASDAQ:CZR).

Ryman Hospitality Properties, Inc. (NYSE:RHP) Institutional Positions Chart

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