Red Lion Hotels Corporation (NYSE:RLH) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Friday.

Several other research firms have also commented on RLH. Zacks Investment Research upgraded shares of Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.25 price objective on the stock in a research report on Wednesday, June 7th. B. Riley set a $13.00 price objective on shares of Red Lion Hotels Corporation and gave the stock a “buy” rating in a research report on Thursday, August 17th. Finally, TheStreet upgraded 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 7.45 on Friday. Red Lion Hotels Corporation has a 12-month low of $6.15 and a 12-month high of $9.40. The firm’s 50-day moving average is $7.14 and its 200 day moving average is $6.87. The stock’s market capitalization is $175.90 million.

Red Lion Hotels Corporation (NYSE:RLH) last issued its earnings results on Thursday, August 3rd. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.04. The company had revenue of $48.53 million for the quarter, compared to analyst estimates 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%. Equities analysts expect that Red Lion Hotels Corporation will post ($0.20) EPS for the current year.

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Institutional investors have recently added to or reduced their stakes in the stock. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new stake in shares of Red Lion Hotels Corporation in the 2nd quarter worth about $434,000. TIAA CREF Investment Management LLC boosted its position in shares of 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 worth $300,000 after buying an additional 2,570 shares in the last quarter. BB&T Securities LLC purchased a new stake in shares of Red Lion Hotels Corporation in the 2nd quarter worth about $1,041,000. TFS Capital LLC boosted its position in shares of Red Lion Hotels Corporation by 93.8% in the 1st quarter. TFS Capital LLC now owns 22,243 shares of the company’s stock worth $157,000 after buying an additional 10,764 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of 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 worth $5,088,000 after buying an additional 6,100 shares in the last quarter. Institutional investors and hedge funds 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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