Dimensional Fund Advisors LP Increases Position in Red Lion Hotels Corporation (RLH)

Dimensional Fund Advisors LP boosted its stake in shares of Red Lion Hotels Corporation (NYSE:RLH) by 1.4% during the first quarter, Holdings Channel reports. The institutional investor owned 1,743,770 shares of the company’s stock after buying an additional 23,720 shares during the period. Dimensional Fund Advisors LP owned 0.07% of Red Lion Hotels Corporation worth $12,294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position 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 buying an additional 7,094 shares in the last quarter. CWH Capital Management Inc. boosted its position in shares of Red Lion Hotels Corporation by 5.7% in the first quarter. CWH Capital Management Inc. now owns 37,373 shares of the company’s stock valued at $263,000 after buying an additional 2,000 shares in the last quarter. Royce & Associates LP boosted its position in shares of Red Lion Hotels Corporation by 20.1% in the first quarter. Royce & Associates LP now owns 346,500 shares of the company’s stock valued at $2,443,000 after buying an additional 58,000 shares in the last quarter. TIAA CREF Investment Management LLC boosted its position 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 buying an additional 2,570 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Red Lion Hotels Corporation by 0.9% in the first quarter. Wellington Management Group LLP now owns 721,743 shares of the company’s stock valued at $5,088,000 after buying an additional 6,100 shares in the last quarter. 63.58% of the stock is owned by institutional investors and hedge funds.

Shares of Red Lion Hotels Corporation (NYSE RLH) traded down 0.360% on Friday, reaching $6.925. The company had a trading volume of 8,779 shares. Red Lion Hotels Corporation has a one year low of $6.15 and a one year high of $9.40. The firm’s market cap is $163.51 million. The company has a 50-day moving average price of $7.13 and a 200-day moving average price of $6.99.

Red Lion Hotels Corporation (NYSE:RLH) last released its earnings results on Thursday, August 3rd. The company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.04. The company had revenue of $48.53 million during the quarter, compared to the consensus estimate of $49.94 million. Red Lion Hotels Corporation had a negative return on equity of 2.20% and a negative net margin of 2.12%. On average, analysts expect that Red Lion Hotels Corporation will post ($0.20) earnings per share for the current fiscal year.

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Several research analysts recently weighed in on the company. B. Riley reaffirmed a “buy” rating and set a $12.50 target price on shares of Red Lion Hotels Corporation in a research note on Saturday, July 1st. TheStreet raised Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research note on Friday, August 4th. Finally, Zacks Investment Research cut Red Lion Hotels Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th.

About Red Lion Hotels Corporation

RLH Corporation (RLHC), formerly Red Lion Hotels Corporation, 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).

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

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