Red Lion Hotels Co. (NYSE:RLH) Director Robert G. Wolfe bought 2,500 shares of the business’s stock in a transaction that occurred on Thursday, May 18th. The stock was purchased at an average cost of $6.40 per share, for a total transaction of $16,000.00. Following the completion of the transaction, the director now directly owns 55,804 shares in the company, valued at approximately $357,145.60. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Red Lion Hotels Co. (NYSE:RLH) traded up 0.79% on Friday, reaching $6.40. The company’s stock had a trading volume of 13,068 shares. The company’s market capitalization is $150.66 million. Red Lion Hotels Co. has a 1-year low of $6.23 and a 1-year high of $9.40. The stock has a 50 day moving average price of $6.67 and a 200-day moving average price of $7.75.

Red Lion Hotels (NYSE:RLH) last issued its quarterly earnings data on Monday, May 8th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.30) by $0.08. The firm had revenue of $39.96 million during the quarter, compared to analysts’ expectations of $42.23 million. Red Lion Hotels had a negative net margin of 5.55% and a negative return on equity of 2.87%. Equities analysts predict that Red Lion Hotels Co. will post ($0.20) earnings per share for the current fiscal year.

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Several brokerages recently weighed in on RLH. B. Riley reaffirmed a “buy” rating and issued a $12.00 target price on shares of Red Lion Hotels in a research report on Sunday, May 7th. Zacks Investment Research lowered Red Lion Hotels from a “hold” rating to a “sell” rating in a research report on Wednesday, May 10th. Finally, TheStreet lowered Red Lion Hotels from a “c” rating to a “d+” rating in a research report on Tuesday, March 7th.

A number of large investors have recently modified their holdings of RLH. First Washington CORP boosted its stake in shares of Red Lion Hotels by 28.5% in the third quarter. First Washington CORP now owns 689,995 shares of the company’s stock worth $5,755,000 after buying an additional 153,095 shares in the last quarter. Benchmark Capital Advisors boosted its stake in shares of Red Lion Hotels by 5.6% in the third quarter. Benchmark Capital Advisors now owns 245,350 shares of the company’s stock worth $2,046,000 after buying an additional 13,026 shares in the last quarter. Royce & Associates LP acquired a new stake in shares of Red Lion Hotels during the fourth quarter worth about $2,409,000. Punch & Associates Investment Management Inc. boosted its stake in shares of Red Lion Hotels by 5.3% in the third quarter. Punch & Associates Investment Management Inc. now owns 372,600 shares of the company’s stock worth $3,107,000 after buying an additional 18,700 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Red Lion Hotels by 33.4% in the fourth quarter. Renaissance Technologies LLC now owns 424,589 shares of the company’s stock worth $3,545,000 after buying an additional 106,289 shares in the last quarter. Hedge funds and other institutional investors own 57.89% of the company’s stock.

About Red Lion Hotels

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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