Woodmont Investment Counsel LLC reduced its holdings in Red Lion Hotels Corporation (NYSE:RLH) by 17.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 147,860 shares of the company’s stock after selling 30,723 shares during the quarter. Woodmont Investment Counsel LLC owned approximately 0.63% of Red Lion Hotels Corporation worth $1,087,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of RLH. Livingston Group Asset Management CO operating as Southport Capital Management bought a new stake in Red Lion Hotels Corporation in the 2nd quarter valued at about $434,000. TIAA CREF Investment Management LLC lifted its position in Red Lion Hotels Corporation by 6.4% in the 1st quarter. TIAA CREF Investment Management LLC now owns 42,519 shares of the company’s stock valued at $300,000 after purchasing an additional 2,570 shares during the last quarter. BB&T Securities LLC bought a new stake in Red Lion Hotels Corporation in the 2nd quarter valued at about $1,041,000. TFS Capital LLC lifted its position in Red Lion Hotels Corporation by 93.8% in the 1st quarter. TFS Capital LLC now owns 22,243 shares of the company’s stock valued at $157,000 after purchasing an additional 10,764 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in Red Lion Hotels Corporation by 0.9% in the 1st quarter. Wellington Management Group LLP now owns 721,743 shares of the company’s stock valued at $5,088,000 after purchasing an additional 6,100 shares during the last quarter. Institutional investors own 63.28% of the company’s stock.

RLH has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.75 price objective on the stock in a research report on Saturday, August 19th. ValuEngine raised shares of Red Lion Hotels Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. B. Riley set a $13.00 target price on shares of Red Lion Hotels Corporation and gave the company a “buy” rating in a research note on Thursday, August 17th. Finally, TheStreet raised shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research note on Friday, August 4th.

COPYRIGHT VIOLATION WARNING: This news story was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of international copyright laws. The legal version of this news story can be read at https://www.dailypolitical.com/2017/09/20/woodmont-investment-counsel-llc-sells-30723-shares-of-red-lion-hotels-corporation-rlh.html.

Red Lion Hotels Corporation (NYSE RLH) traded up 1.31% during trading on Wednesday, reaching $7.75. 7,852 shares of the company’s stock traded hands. The firm’s 50 day moving average is $7.17 and its 200-day moving average is $6.88. Red Lion Hotels Corporation has a 12 month low of $6.15 and a 12 month high of $9.40. The company’s market capitalization is $182.99 million.

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

Red Lion Hotels Corporation Company Profile

Red Lion Hotels Corporation (RLHC) 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). The RLHC brands represent upscale, midscale and economy hotels.

Want to see what other hedge funds are holding RLH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Red Lion Hotels Corporation (NYSE:RLH).

Institutional Ownership by Quarter for Red Lion Hotels Corporation (NYSE:RLH)

Receive News & Ratings for Red Lion Hotels Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Lion Hotels Corporation and related companies with MarketBeat.com's FREE daily email newsletter.