Cpwm LLC Acquires New Stake in Red Lion Hotels Co. (RLH)

Cpwm LLC bought a new stake in Red Lion Hotels Co. (NYSE:RLH) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,452 shares of the company’s stock, valued at approximately $103,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Citigroup Inc. raised its stake in shares of Red Lion Hotels by 8,341.0% in the second quarter. Citigroup Inc. now owns 15,025 shares of the company’s stock valued at $110,000 after purchasing an additional 14,847 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Red Lion Hotels by 52.4% in the second quarter. Rhumbline Advisers now owns 16,806 shares of the company’s stock valued at $124,000 after purchasing an additional 5,780 shares in the last quarter. Alambic Investment Management L.P. acquired a new position in shares of Red Lion Hotels in the fourth quarter valued at $222,000. Teachers Advisors LLC raised its stake in shares of Red Lion Hotels by 11.2% in the second quarter. Teachers Advisors LLC now owns 29,381 shares of the company’s stock valued at $216,000 after purchasing an additional 2,963 shares in the last quarter. Finally, Nationwide Fund Advisors raised its stake in shares of Red Lion Hotels by 240.2% in the second quarter. Nationwide Fund Advisors now owns 31,078 shares of the company’s stock valued at $228,000 after purchasing an additional 21,943 shares in the last quarter. Institutional investors and hedge funds own 67.29% of the company’s stock.

Red Lion Hotels Co. (RLH) opened at $10.40 on Monday. 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 $245.71, a price-to-earnings ratio of -57.77 and a beta of 0.87. Red Lion Hotels Co. has a 12 month low of $6.15 and a 12 month high of $11.70.

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

In other Red Lion Hotels news, VP Thomas L. Mckeirnan sold 22,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $9.22, for a total transaction of $202,840.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Pacific Opportunity F. Columbia sold 300,000 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $8.30, for a total value of $2,490,000.00. Following the transaction, the director now owns 1,510,105 shares of the company’s stock, valued at $12,533,871.50. The disclosure for this sale can be found here. Corporate insiders own 14.70% of the company’s stock.

A number of research analysts recently commented on the company. Zacks Investment Research upgraded Red Lion Hotels from a “sell” rating to a “hold” rating in a research note on Tuesday, November 28th. B. Riley restated a “buy” rating and issued a $13.75 target price on shares of Red Lion Hotels in a research note on Thursday, January 18th.

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

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