Boston Partners Has $1.84 Million Stock Holdings in Red Lion Hotels Co. (NYSE:RLH)

Boston Partners lifted its stake in shares of Red Lion Hotels Co. (NYSE:RLH) by 42.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 284,063 shares of the company’s stock after acquiring an additional 84,584 shares during the period. Boston Partners owned approximately 1.13% of Red Lion Hotels worth $1,841,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of RLH. BlackRock Inc. increased its position in shares of Red Lion Hotels by 28.7% during the second quarter. BlackRock Inc. now owns 1,675,687 shares of the company’s stock worth $11,914,000 after acquiring an additional 373,398 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Red Lion Hotels by 71.4% during the second quarter. Russell Investments Group Ltd. now owns 551,604 shares of the company’s stock worth $3,921,000 after acquiring an additional 229,713 shares in the last quarter. State Street Corp increased its position in shares of Red Lion Hotels by 11.6% during the third quarter. State Street Corp now owns 345,673 shares of the company’s stock worth $2,240,000 after acquiring an additional 36,045 shares in the last quarter. White Pine Capital LLC increased its position in shares of Red Lion Hotels by 33.6% during the second quarter. White Pine Capital LLC now owns 128,990 shares of the company’s stock worth $917,000 after acquiring an additional 32,425 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new stake in shares of Red Lion Hotels during the third quarter worth $194,000. 74.22% of the stock is owned by institutional investors.

Several equities research analysts have recently issued reports on the stock. ValuEngine downgraded shares of Red Lion Hotels from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Craig Hallum downgraded shares of Red Lion Hotels from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. B. Riley downgraded shares of Red Lion Hotels from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $11.00 to $3.75 in a research report on Monday, November 11th. Finally, Zacks Investment Research downgraded shares of Red Lion Hotels from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $6.25.

In other Red Lion Hotels news, major shareholder Coliseum Capital Management, L bought 131,000 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was acquired at an average price of $3.01 per share, with a total value of $394,310.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.39% of the stock is currently owned by company insiders.

Red Lion Hotels stock opened at $3.52 on Tuesday. The company has a market cap of $87.76 million, a P/E ratio of -7.82 and a beta of 0.72. Red Lion Hotels Co. has a 1-year low of $2.52 and a 1-year high of $10.21. The company has a fifty day simple moving average of $4.83 and a 200 day simple moving average of $6.18. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.47.

Red Lion Hotels Company Profile

Red Lion Hotels Corporation, doing business as RLH Corporation, operates as a hospitality and leisure company the United States. It operates in two segments, Company Operated Hotels and Franchised Hotels. The company owns, manages, and franchises upscale, midscale, and economy hotels under the Hotel RL, Red Lion Hotels, Red Lion Inn & Suites, GuestHouse, Settle Inn, Americas Best Value Inn, Canadas Best Value Inn, Signature and Signature Inn, Knights Inn, and Country Hearth Inns & Suites brands.

Recommended Story: Reverse Stock Split

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

Receive News & Ratings for Red Lion Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Lion Hotels and related companies with MarketBeat.com's FREE daily email newsletter.