Red Lion Hotels Corporation (NYSE:RLH) was in 4 hedge funds’ portfolio at the end of December. RLH has experienced an increase in activity from the world’s largest hedge funds of late. There were 2 hedge funds in our database with RLH positions at the end of the previous quarter.
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Keeping this in mind, it’s important to take a glance at the latest action surrounding Red Lion Hotels Corporation (NYSE:RLH).
How have hedgies been trading Red Lion Hotels Corporation (NYSE:RLH)?
In preparation for this year, a total of 4 of the hedge funds we track were long in this stock, a change of 100% from the third quarter. With the smart money’s capital changing hands, there exists a few noteworthy hedge fund managers who were increasing their stakes substantially.
As aggregate interest increased, key hedge funds were breaking ground themselves. Citadel Investment Group, managed by Ken Griffin, established the biggest position in Red Lion Hotels Corporation (NYSE:RLH). Citadel Investment Group had 0.2 million invested in the company at the end of the quarter. John Overdeck and David Siegel’s Two Sigma Advisors also made a $0.1 million investment in the stock during the quarter.
How are insiders trading Red Lion Hotels Corporation (NYSE:RLH)?
Bullish insider trading is at its handiest when the company in focus has experienced transactions within the past half-year. Over the latest 180-day time frame, Red Lion Hotels Corporation (NYSE:RLH) has seen zero unique insiders purchasing, and 1 insider sales (see the details of insider trades here).
Let’s also take a look at hedge fund and insider activity in other stocks similar to Red Lion Hotels Corporation (NYSE:RLH). These stocks are Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN), Orient-Express Hotels Ltd. (NYSE:OEH), China Lodging Group, Ltd (ADR) (NASDAQ:HTHT), 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN), and Morgans Hotel Group Co. (NASDAQ:MHGC). This group of stocks belong to the lodging industry and their market caps resemble RLH’s market cap.