Two Sigma Securities LLC bought a new position in shares of Belmond Ltd (NYSE:BEL) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 15,455 shares of the company’s stock, valued at approximately $189,000.
A number of other large investors have also modified their holdings of the business. Jefferies Group LLC boosted its position in shares of Belmond by 28.0% in the fourth quarter. Jefferies Group LLC now owns 21,572 shares of the company’s stock valued at $264,000 after acquiring an additional 4,719 shares during the period. SG Americas Securities LLC bought a new position in shares of Belmond in the third quarter valued at approximately $286,000. Crossmark Global Holdings Inc. bought a new position in shares of Belmond in the third quarter valued at approximately $308,000. Teacher Retirement System of Texas bought a new position in shares of Belmond in the fourth quarter valued at approximately $368,000. Finally, Cambiar Investors LLC bought a new position in shares of Belmond in the fourth quarter valued at approximately $483,000. Hedge funds and other institutional investors own 81.69% of the company’s stock.
BEL has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of Belmond from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. ValuEngine lowered shares of Belmond from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Three analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. Belmond presently has a consensus rating of “Hold” and a consensus price target of $14.33.
Belmond Ltd (NYSE BEL) opened at $12.30 on Tuesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.98 and a quick ratio of 1.81. Belmond Ltd has a 1 year low of $11.00 and a 1 year high of $14.20. The company has a market cap of $1,274.81, a P/E ratio of -27.95 and a beta of 1.25.
Belmond (NYSE:BEL) last released its quarterly earnings data on Monday, February 26th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Belmond had a negative net margin of 8.01% and a positive return on equity of 1.73%. The firm had revenue of $117.30 million during the quarter, compared to the consensus estimate of $127.62 million. analysts predict that Belmond Ltd will post 0.17 EPS for the current fiscal year.
Belmond Ltd. (Belmond) is a hotel company and adventure travel operator. As of December 31, 2016, Belmond owned, partially-owned and/or operated 45 properties, consisting of 34 individual deluxe hotels, 29 of which are owned (including nine under long-term lease), five European tourist trains, two cruise ships in Myanmar (one of which is under long-term charter), one French canal cruise business consisting of five small canal boats, and one stand-alone restaurant in the United States.
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