Worth Venture Partners LLC Sells 16,016 Shares of Red Lion Hotels Corporation (RLH)

Worth Venture Partners LLC decreased its holdings in shares of Red Lion Hotels Corporation (NYSE:RLH) by 34.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,985 shares of the company’s stock after selling 16,016 shares during the quarter. Worth Venture Partners LLC owned about 0.13% of Red Lion Hotels Corporation worth $259,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Citigroup Inc. lifted its holdings in shares of Red Lion Hotels Corporation by 8,341.0% during the 2nd quarter. Citigroup Inc. now owns 15,025 shares of the company’s stock valued at $110,000 after acquiring an additional 14,847 shares in the last quarter. Rhumbline Advisers increased its stake in Red Lion Hotels Corporation by 52.4% during the 2nd quarter. Rhumbline Advisers now owns 16,806 shares of the company’s stock worth $124,000 after buying an additional 5,780 shares during the period. Dorsey & Whitney Trust CO LLC increased its stake in Red Lion Hotels Corporation by 7.0% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 19,900 shares of the company’s stock worth $146,000 after buying an additional 1,300 shares during the period. Teachers Advisors LLC increased its stake in Red Lion Hotels Corporation by 11.2% during the 2nd quarter. Teachers Advisors LLC now owns 29,381 shares of the company’s stock worth $216,000 after buying an additional 2,963 shares during the period. Finally, Nationwide Fund Advisors increased its stake in Red Lion Hotels Corporation by 240.2% during the 2nd quarter. Nationwide Fund Advisors now owns 31,078 shares of the company’s stock worth $228,000 after buying an additional 21,943 shares during the period. Institutional investors and hedge funds own 63.75% of the company’s stock.

RLH has been the topic of several analyst reports. B. Riley reaffirmed a “buy” rating and set a $12.50 price target on shares of Red Lion Hotels Corporation in a research note on Monday, October 30th. Zacks Investment Research raised shares of Red Lion Hotels Corporation from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research note on Saturday, August 19th. TheStreet raised shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research note on Friday, August 4th. Finally, ValuEngine raised shares of Red Lion Hotels Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th.

Shares of Red Lion Hotels Corporation (NYSE:RLH) traded down $0.20 during trading hours on Tuesday, hitting $8.20. 52,100 shares of the company were exchanged, compared to its average volume of 52,602. The company has a quick ratio of 1.35, a current ratio of 1.36 and a debt-to-equity ratio of 0.46. Red Lion Hotels Corporation has a twelve month low of $6.15 and a twelve month high of $9.40.

Red Lion Hotels Corporation (NYSE:RLH) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18. Red Lion Hotels Corporation had a negative net margin of 1.81% and a negative return on equity of 2.53%. The business had revenue of $51.02 million during the quarter, compared to the consensus estimate of $50.69 million. equities analysts expect that Red Lion Hotels Corporation will post -0.22 earnings per share for the current fiscal year.

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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.

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

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