Red Lion Hotels (NYSE:RLH) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Thursday, January 4th.

According to Zacks, “Red Lion Hotels Corporation, established in 1959, is an international hospitality company primarily engaged in the franchising, management and ownership of upscale, midscale and economy hotels under the Hotel RL, Red Lion Hotels, Red Lion Inn & Suites, GuestHouse, Settle Inn, Vantage Hotels, Americas Best Value Inn, Canadas Best Value Inn, Lexington by Vantage, America’s Best Inns & Suites, Country Hearth Inns, Jameson Inn, Signature Inn and 3 Palms Hotels & Resorts brands. The company also owns and operates an entertainment and event ticket distribution business under the brand name TicketsWest. “

A number of other research firms have also recently issued reports on RLH. B. Riley reiterated a “buy” rating and issued a $13.75 target price on shares of Red Lion Hotels in a research note on Wednesday, December 20th. ValuEngine upgraded shares of Red Lion Hotels from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th.

Shares of Red Lion Hotels (RLH) opened at $10.65 on Thursday. The company has a current ratio of 1.36, a quick ratio of 1.35 and a debt-to-equity ratio of 0.46. The company has a market cap of $250.44, a P/E ratio of -59.16 and a beta of 0.77. Red Lion Hotels has a fifty-two week low of $6.15 and a fifty-two week high of $11.70.

Red Lion Hotels (NYSE:RLH) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. The business had revenue of $51.02 million during the quarter, compared to analysts’ expectations of $50.69 million. Red Lion Hotels had a negative net margin of 1.81% and a negative return on equity of 2.53%. analysts anticipate that Red Lion Hotels will post -0.2 EPS for the current year.

In other Red Lion Hotels news, Director Pacific Opportunity F. Columbia sold 300,000 shares of the business’s stock in a transaction 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 sale, the director now owns 1,510,105 shares of the company’s stock, valued at approximately $12,533,871.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Thomas L. Mckeirnan sold 22,000 shares of the business’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $9.22, for a total transaction of $202,840.00. The disclosure for this sale can be found here. Insiders own 14.70% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of Red Lion Hotels by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,821,712 shares of the company’s stock worth $15,758,000 after purchasing an additional 31,062 shares during the last quarter. Eidelman Virant Capital grew its holdings in shares of Red Lion Hotels by 7.0% in the 3rd quarter. Eidelman Virant Capital now owns 1,315,981 shares of the company’s stock worth $11,383,000 after purchasing an additional 86,000 shares during the last quarter. Punch & Associates Investment Management Inc. grew its holdings in shares of Red Lion Hotels by 9.1% in the 2nd quarter. Punch & Associates Investment Management Inc. now owns 679,000 shares of the company’s stock worth $4,991,000 after purchasing an additional 56,400 shares during the last quarter. Raffles Associates LP grew its holdings in shares of Red Lion Hotels by 6.1% in the 2nd quarter. Raffles Associates LP now owns 644,555 shares of the company’s stock worth $4,737,000 after purchasing an additional 36,938 shares during the last quarter. Finally, First Washington CORP grew its holdings in shares of Red Lion Hotels by 2.1% in the 2nd quarter. First Washington CORP now owns 619,460 shares of the company’s stock worth $4,553,000 after purchasing an additional 12,500 shares during the last quarter. 67.29% of the stock is currently owned by institutional investors and hedge funds.

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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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