Columbia Pacific Advisors LLC lessened its position in shares of Red Lion Hotels Co. (NYSE:RLH) by 16.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,510,105 shares of the company’s stock after selling 300,000 shares during the period. Red Lion Hotels comprises 22.2% of Columbia Pacific Advisors LLC’s portfolio, making the stock its largest position. Columbia Pacific Advisors LLC owned 6.39% of Red Lion Hotels worth $14,875,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in RLH. Cpwm LLC acquired a new stake in shares of Red Lion Hotels during the 4th quarter worth approximately $103,000. The Manufacturers Life Insurance Company raised its position in shares of Red Lion Hotels by 236.3% during the 4th quarter. The Manufacturers Life Insurance Company now owns 16,095 shares of the company’s stock worth $159,000 after purchasing an additional 11,309 shares during the period. Brandywine Global Investment Management LLC acquired a new stake in shares of Red Lion Hotels during the 4th quarter worth approximately $166,000. Teachers Advisors LLC raised its position in shares of Red Lion Hotels by 11.2% during the 2nd quarter. Teachers Advisors LLC now owns 29,381 shares of the company’s stock worth $216,000 after purchasing an additional 2,963 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Red Lion Hotels by 51.5% during the 4th quarter. Wells Fargo & Company MN now owns 22,355 shares of the company’s stock worth $220,000 after purchasing an additional 7,601 shares during the period. 67.68% of the stock is currently owned by institutional investors.
Shares of Red Lion Hotels Co. (NYSE RLH) opened at $10.05 on Tuesday. Red Lion Hotels Co. has a 1 year low of $6.15 and a 1 year high of $11.70. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 1.35. The company has a market capitalization of $239.80, a P/E ratio of -56.39 and a beta of 0.91.
Red Lion Hotels 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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