Red Lion Hotels Corporation (NYSE:RLH) Director Pacific Opportunity F. Columbia sold 300,000 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $8.30, for a total value of $2,490,000.00. Following the completion of 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 filing with the Securities & Exchange Commission, which can be accessed through this link.

Red Lion Hotels Corporation (NYSE:RLH) traded up $0.05 during mid-day trading on Wednesday, hitting $8.60. The stock had a trading volume of 57,978 shares, compared to its average volume of 54,407. Red Lion Hotels Corporation has a 1-year low of $6.15 and a 1-year 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 posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.18 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. The business had revenue of $51.02 million during the quarter, compared to the consensus estimate of $50.69 million. Red Lion Hotels Corporation had a negative return on equity of 2.53% and a negative net margin of 1.81%. sell-side analysts predict that Red Lion Hotels Corporation will post -0.2 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Red Lion Hotels Corporation (RLH) Director Pacific Opportunity F. Columbia Sells 300,000 Shares” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://www.americanbankingnews.com/2017/11/22/red-lion-hotels-corporation-rlh-director-pacific-opportunity-f-columbia-sells-300000-shares.html.

A number of equities analysts recently issued reports on the company. B. Riley reaffirmed a “buy” rating and issued a $12.50 price target on shares of Red Lion Hotels Corporation in a report on Tuesday, August 1st. Zacks Investment Research downgraded Red Lion Hotels Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. TheStreet raised Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a report on Friday, August 4th. Finally, ValuEngine downgraded Red Lion Hotels Corporation from a “hold” rating to a “sell” rating in a report on Friday, September 15th.

Several hedge funds have recently bought and sold shares of RLH. Bank of New York Mellon Corp boosted its holdings 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 acquiring an additional 4,532 shares during the period. TIAA CREF Investment Management LLC boosted its holdings 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 acquiring an additional 2,570 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Red Lion Hotels Corporation by 5.8% in the first quarter. Geode Capital Management LLC now owns 130,126 shares of the company’s stock valued at $917,000 after acquiring an additional 7,094 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Red Lion Hotels Corporation by 1.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,743,770 shares of the company’s stock valued at $12,294,000 after acquiring an additional 23,720 shares during the period. Finally, Municipal Employees Retirement System of Michigan acquired a new stake in shares of Red Lion Hotels Corporation in the second quarter valued at approximately $370,000. 64.74% of the stock is owned by institutional investors and hedge funds.

About Red Lion Hotels Corporation

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.

Receive News & Ratings for Red Lion Hotels Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Lion Hotels Corporation and related companies with MarketBeat.com's FREE daily email newsletter.