ValuEngine upgraded shares of Red Lion Hotels Corporation (NYSE:RLH) from a sell rating to a hold rating in a research note released on Wednesday morning.

A number of other equities research analysts have also recently weighed in on RLH. Zacks Investment Research cut shares of Red Lion Hotels Corporation from a hold rating to a sell rating in a research report on Wednesday, May 10th. B. Riley reissued a buy rating and issued a $12.50 price target on shares of Red Lion Hotels Corporation in a research report on Friday, May 12th. Finally, TheStreet raised shares of Red Lion Hotels Corporation from a d+ rating to a c rating in a research report on Friday, August 4th.

Red Lion Hotels Corporation (RLH) opened at 7.40 on Wednesday. The firm’s market capitalization is $174.72 million. Red Lion Hotels Corporation has a 12 month low of $6.15 and a 12 month high of $9.40. The stock’s 50 day moving average price is $7.10 and its 200-day moving average price is $6.88.

Red Lion Hotels Corporation (NYSE:RLH) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.01 earnings per share 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 firm had revenue of $48.53 million during the quarter, compared to analysts’ expectations of $49.94 million. Equities analysts forecast that Red Lion Hotels Corporation will post ($0.20) earnings per share for the current year.

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A number of institutional investors and hedge funds have recently made changes to their positions in RLH. Sorin Capital Management LLC purchased a new stake in Red Lion Hotels Corporation in the second quarter valued at $1,413,000. BB&T Securities LLC purchased a new stake in Red Lion Hotels Corporation in the second quarter valued at $1,041,000. Kennedy Capital Management Inc. purchased a new stake in Red Lion Hotels Corporation in the second quarter valued at $797,000. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new stake in Red Lion Hotels Corporation in the second quarter valued at $434,000. Finally, Royce & Associates LP lifted its position in Red Lion Hotels Corporation by 20.1% in the first quarter. Royce & Associates LP now owns 346,500 shares of the company’s stock valued at $2,443,000 after acquiring an additional 58,000 shares during the last quarter. 63.28% of the stock is owned by hedge funds and other institutional investors.

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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