Red Lion Hotels Corporation (NYSE:RLH) was upgraded by analysts at TheStreet from a “d+” rating to a “c” rating in a research report issued on Friday.

A number of other research analysts also recently issued reports on RLH. B. Riley reissued a “buy” rating and issued a $12.50 price target on shares of Red Lion Hotels Corporation in a report on Sunday. Zacks Investment Research downgraded Red Lion Hotels Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th.

Shares of Red Lion Hotels Corporation (RLH) opened at 7.25 on Friday. The stock’s market capitalization is $170.67 million. The company has a 50-day moving average of $6.94 and a 200 day moving average of $7.06. Red Lion Hotels Corporation has a 12-month low of $6.15 and a 12-month high of $9.40.

Red Lion Hotels Corporation (NYSE:RLH) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.04. Red Lion Hotels Corporation had a negative return on equity of 2.20% and a negative net margin of 2.12%. The company had revenue of $48.53 million during the quarter, compared to the consensus estimate of $49.94 million. Analysts predict that Red Lion Hotels Corporation will post ($0.20) earnings per share for the current year.

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In other Red Lion Hotels Corporation news, Director Robert G. Wolfe bought 7,970 shares of Red Lion Hotels Corporation stock in a transaction dated Tuesday, May 16th. The stock was acquired at an average cost of $6.72 per share, with a total value of $53,558.40. Following the purchase, the director now directly owns 46,926 shares in the company, valued at approximately $315,342.72. The acquisition was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 14.70% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rhumbline Advisers increased its position in shares of Red Lion Hotels Corporation by 52.4% in the second quarter. Rhumbline Advisers now owns 16,806 shares of the company’s stock valued at $124,000 after buying an additional 5,780 shares during the last quarter. Alambic Investment Management L.P. boosted its stake in shares of Red Lion Hotels Corporation by 10.8% in the first quarter. Alambic Investment Management L.P. now owns 20,027 shares of the company’s stock valued at $141,000 after buying an additional 1,950 shares during the last quarter. TFS Capital LLC boosted its stake in shares of Red Lion Hotels Corporation by 93.8% in the first quarter. TFS Capital LLC now owns 22,243 shares of the company’s stock valued at $157,000 after buying an additional 10,764 shares during the last quarter. CWH Capital Management Inc. boosted its stake in shares of Red Lion Hotels Corporation by 5.7% in the first quarter. CWH Capital Management Inc. now owns 37,373 shares of the company’s stock valued at $263,000 after buying an additional 2,000 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of Red Lion Hotels Corporation by 6.4% in the first quarter. TIAA CREF Investment Management LLC now owns 42,519 shares of the company’s stock valued at $300,000 after buying an additional 2,570 shares during the last quarter. 62.91% of the stock is owned by institutional investors and hedge funds.

Red Lion Hotels Corporation Company Profile

RLH Corporation (RLHC), formerly Red Lion Hotels Corporation, is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands).

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