California Public Employees Retirement System maintained its stake in shares of Red Lion Hotels Corporation (NYSE:RLH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,800 shares of the company’s stock at the end of the 2nd quarter. California Public Employees Retirement System owned about 0.26% of Red Lion Hotels Corporation worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in RLH. Citigroup Inc. boosted its holdings in Red Lion Hotels Corporation by 8,341.0% in the second quarter. Citigroup Inc. now owns 15,025 shares of the company’s stock valued at $110,000 after acquiring an additional 14,847 shares during the last quarter. Rhumbline Advisers lifted its stake in 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 period. Dorsey & Whitney Trust CO LLC lifted its stake in Red Lion Hotels Corporation by 7.0% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 19,900 shares of the company’s stock valued at $146,000 after buying an additional 1,300 shares during the period. Teachers Advisors LLC lifted its stake in Red Lion Hotels Corporation by 11.2% in the second quarter. Teachers Advisors LLC now owns 29,381 shares of the company’s stock valued at $216,000 after buying an additional 2,963 shares during the period. Finally, Nationwide Fund Advisors lifted its stake in Red Lion Hotels Corporation by 240.2% in the second quarter. Nationwide Fund Advisors now owns 31,078 shares of the company’s stock valued at $228,000 after buying an additional 21,943 shares during the period. Institutional investors and hedge funds own 64.74% of the company’s stock.

In other news, Director Pacific Opportunity F. Columbia sold 300,000 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $8.30, for a total transaction of $2,490,000.00. Following the transaction, the director now directly owns 1,510,105 shares of the company’s stock, valued at $12,533,871.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 14.70% of the stock is currently owned by insiders.

RLH has been the topic of several recent analyst reports. ValuEngine lowered Red Lion Hotels Corporation from a “hold” rating to a “sell” rating in a research note on Friday, September 15th. B. Riley reissued a “buy” rating and issued a $12.50 price target on shares of Red Lion Hotels Corporation in a research note on Monday, October 30th. Zacks Investment Research raised Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research note on Saturday, August 19th. Finally, TheStreet raised 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 $8.60 on Thursday. Red Lion Hotels Corporation has a 12 month low of $6.15 and a 12 month high of $9.35. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 1.35.

Red Lion Hotels Corporation (NYSE:RLH) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.18 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. Red Lion Hotels Corporation had a negative return on equity of 2.53% and a negative net margin of 1.81%. The firm had revenue of $51.02 million for the quarter, compared to analyst estimates of $50.69 million. equities research analysts anticipate that Red Lion Hotels Corporation will post -0.2 EPS for the current year.

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

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