Red Lion Hotels Corporation (NYSE:RLH)‘s stock had its “buy” rating restated by B. Riley in a research report issued to clients and investors on Thursday. They currently have a $12.50 price objective on the stock. B. Riley’s price target points to a potential upside of 39.66% from the stock’s previous close.

The analysts wrote, “We continue to believe the owned hotels and associated non- recourse debt in those JVs has created a confusing situation for investors around the true state of the balance sheet and underlying growth trends for the franchise operations — and the sale of the owned hotels could help to unlock significant value for shareholders over the next 6-12 months.””

Several other equities research analysts have also commented on the stock. ValuEngine upgraded shares of Red Lion Hotels Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Zacks Investment Research lowered shares of Red Lion Hotels Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, TheStreet upgraded shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research note on Friday, August 4th.

Red Lion Hotels Corporation (NYSE RLH) opened at 8.95 on Thursday. The company has a 50 day moving average price of $7.73 and a 200 day moving average price of $7.04. Red Lion Hotels Corporation has a 52-week low of $6.15 and a 52-week high of $9.40. The firm’s market capitalization is $211.32 million.

Red Lion Hotels Corporation (NYSE:RLH) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.04. The business had revenue of $48.53 million during the quarter, compared to analysts’ expectations of $49.94 million. Red Lion Hotels Corporation had a negative net margin of 2.12% and a negative return on equity of 2.20%. On average, equities analysts forecast that Red Lion Hotels Corporation will post ($0.20) EPS for the current fiscal year.

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A number of large investors have recently made changes to their positions in RLH. Bank of New York Mellon Corp raised its stake in Red Lion Hotels Corporation by 8.3% during the 1st quarter. Bank of New York Mellon Corp now owns 58,851 shares of the company’s stock worth $415,000 after acquiring an additional 4,532 shares in the last quarter. Wellington Management Group LLP raised its stake in Red Lion Hotels Corporation by 0.9% during the 1st quarter. Wellington Management Group LLP now owns 721,743 shares of the company’s stock worth $5,088,000 after acquiring an additional 6,100 shares in the last quarter. TIAA CREF Investment Management LLC raised its stake in Red Lion Hotels Corporation by 6.4% during the 1st quarter. TIAA CREF Investment Management LLC now owns 42,519 shares of the company’s stock worth $300,000 after acquiring an additional 2,570 shares in the last quarter. Royce & Associates LP raised its stake in Red Lion Hotels Corporation by 20.1% during the 1st quarter. Royce & Associates LP now owns 346,500 shares of the company’s stock worth $2,443,000 after acquiring an additional 58,000 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Red Lion Hotels Corporation by 5.8% during the 1st quarter. Geode Capital Management LLC now owns 130,126 shares of the company’s stock worth $917,000 after acquiring an additional 7,094 shares in the last quarter. Hedge funds and other institutional investors own 63.28% of the company’s stock.

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.

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