Eidelman Virant Capital Lowers stake in Red Lion Hotels Corporation (RLH)

Red Lion Hotels Corporation (RLH) : Eidelman Virant Capital reduced its stake in Red Lion Hotels Corporation by 0.86% during the most recent quarter end. The investment management company now holds a total of 1,382,863 shares of Red Lion Hotels Corporation which is valued at $9,320,497 after selling 12,010 shares in Red Lion Hotels Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Red Lion Hotels Corporation makes up approximately 5.13% of Eidelman Virant Capital’s portfolio.

Other Hedge Funds, Including , Schwab Charles Investment Management Inc added RLH to its portfolio by purchasing 22,200 company shares during the most recent quarter which is valued at $149,628.Allianz Asset Management Ag reduced its stake in RLH by selling 8,394 shares or 5.6% in the most recent quarter. The Hedge Fund company now holds 141,476 shares of RLH which is valued at $953,548. Teachers Advisors Inc added RLH to its portfolio by purchasing 23,476 company shares during the most recent quarter which is valued at $158,228.Blackrock Fund Advisors boosted its stake in RLH in the latest quarter, The investment management firm added 333,148 additional shares and now holds a total of 371,993 shares of Red Lion Hotels Corporation which is valued at $2,507,233.Mesirow Financial Investment Management – Equity Management boosted its stake in RLH in the latest quarter, The investment management firm added 4,253 additional shares and now holds a total of 37,836 shares of Red Lion Hotels Corporation which is valued at $250,853. Red Lion Hotels Corporation makes up approx 0.01% of Mesirow Financial Investment Management – Equity Management’s portfolio.

Red Lion Hotels Corporation closed down -0.14 points or -2.14% at $6.4 with 37,023 shares getting traded on Thursday. Post opening the session at $6.56, the shares hit an intraday low of $6.3 and an intraday high of $6.61 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company primarily engaged in the management franchising and ownership of hotels under the brands including Hotel RL Red Lion Hotels Red Lion Inns & Suites and Leo Hotel Collection (the Red Lion Brands). The Company operates in three segments: hotels segment franchise segment and entertainment segment. The hotels segment is engaged in guest room rentals and food and beverage operations at its hotels. The franchise segment is engaged primarily in licensing the Red Lion Brands to franchisees. This segment generates revenue from franchise fees that are based on % of room revenues and are charged to hotel owners in exchange for the use of its brands and access to the central services programs. The entertainment segment is involved in the promotion and presentation of entertainment productions under the trade name WestCoast Entertainment and from ticketing services under the trade name TicketsWest.

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