Renaissance Technologies LLC lowered its stake in shares of Red Lion Hotels Corporation (NYSE:RLH) by 14.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 365,300 shares of the company’s stock after selling 59,289 shares during the period. Renaissance Technologies LLC’s holdings in Red Lion Hotels Corporation were worth $2,575,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Alambic Investment Management L.P. increased its stake in shares of Red Lion Hotels Corporation by 10.8% in the first quarter. Alambic Investment Management L.P. now owns 20,027 shares of the company’s stock valued at $141,000 after buying an additional 1,950 shares during the last quarter. TFS Capital LLC increased its stake in shares of Red Lion Hotels Corporation by 93.8% in the first quarter. TFS Capital LLC now owns 22,243 shares of the company’s stock valued at $157,000 after buying an additional 10,764 shares during the last quarter. CWH Capital Management Inc. increased its stake in shares of Red Lion Hotels Corporation by 5.7% in the first quarter. CWH Capital Management Inc. now owns 37,373 shares of the company’s stock valued at $263,000 after buying an additional 2,000 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in shares of Red Lion Hotels Corporation by 6.4% in the first quarter. TIAA CREF Investment Management LLC now owns 42,519 shares of the company’s stock valued at $300,000 after buying an additional 2,570 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Red Lion Hotels Corporation by 8.3% in the first quarter. Bank of New York Mellon Corp now owns 58,851 shares of the company’s stock valued at $415,000 after buying an additional 4,532 shares during the last quarter. Institutional investors and hedge funds own 63.58% of the company’s stock.

Shares of Red Lion Hotels Corporation (NYSE RLH) traded down 0.71% during midday trading on Tuesday, hitting $6.95. The company had a trading volume of 44,865 shares. The company’s 50 day moving average is $7.12 and its 200 day moving average is $6.99. The firm’s market cap is $164.10 million. Red Lion Hotels Corporation has a one year low of $6.15 and a one year high of $9.40.

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, topping analysts’ consensus estimates of ($0.03) by $0.04. Red Lion Hotels Corporation had a negative return on equity of 2.20% and a negative net margin of 2.12%. The company 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 fiscal year.

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Several brokerages recently commented on RLH. B. Riley reiterated a “buy” rating and set a $12.50 target price on shares of Red Lion Hotels Corporation in a report on Sunday, August 6th. TheStreet upgraded Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a report on Friday, August 4th. Finally, Zacks Investment Research downgraded Red Lion Hotels Corporation from a “buy” rating to a “hold” rating in a report on Thursday, June 29th.

Red Lion Hotels Corporation Company Profile

RLH Corporation (RLHC), formerly Red Lion Hotels Corporation, 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).

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

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