American Global Group Inc. lowered its posture in shares of Belmond Ltd. (NYSE:BEL) by 16.1% for the duration of the 1st quarter, in accordance to its most the latest disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,545 shares of the company’s inventory following promoting 9,915 shares for the duration of the time period. American Global Group Inc.’s holdings in Belmond ended up worthy of $624,000 at the stop of the most the latest quarter.
A range of other large investors also a short while ago manufactured alterations to their positions in BEL. Point out of Alaska Department of Profits elevated its stake in shares of Belmond by 2.1% in the 1st quarter. Point out of Alaska Department of Profits now owns 9,330 shares of the company’s inventory worthy of $112,000 following obtaining an additional 190 shares in the final quarter. A.R.T. Advisors LLC purchased a new stake in shares of Belmond for the duration of the fourth quarter worthy of $149,000. BNP Paribas Arbitrage SA elevated its stake in shares of Belmond by 12.9% in the 1st quarter. BNP Paribas Arbitrage SA now owns 19,288 shares of the company’s inventory worthy of $233,000 following obtaining an additional 2,206 shares in the final quarter. Mason Avenue Advisors LLC elevated its stake in shares of Belmond by 7.1% in the 1st quarter. Mason Avenue Advisors LLC now owns 19,759 shares of the company’s inventory worthy of $239,000 following obtaining an additional 1,302 shares in the final quarter. Last but not least, Trexquant Expense LP purchased a new stake in shares of Belmond for the duration of the 1st quarter worthy of $289,000. Institutional investors and hedge cash own 75.46% of the company’s inventory.
Belmond Ltd. (NYSE:BEL) opened at 13.25 on Wednesday. The business has a 50-working day moving normal of $13.16 and a 200 working day moving normal of $12.86. The business has a market place cap of $1.35 billion, a P/E ratio of 70.11 and a beta of .94. Belmond Ltd. has a just one year minimal of $10.86 and a just one year high of $14.45.
Belmond (NYSE:BEL) final introduced its earnings benefits on Monday, May perhaps 8th. The business documented ($.16) earnings for each share (EPS) for the quarter, lacking the Thomson Reuters’ consensus estimate of ($.11) by $.05. Belmond experienced a return on equity of 1.74% and a net margin of 3.61%. The business experienced profits of $95.40 million for the duration of the quarter, as opposed to analyst estimates of $91.83 million. Analysts foresee that Belmond Ltd. will submit $.18 earnings for each share for the latest year.
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A range of equities research analysts have a short while ago issued stories on BEL shares. Zacks Expense Investigation downgraded shares of Belmond from a “hold” rating to a “sell” rating in a research report on Thursday, May perhaps 11th. Telsey Advisory Group elevated shares of Belmond from a “market perform” rating to an “outperform” rating and boosted their value objective for the business from $14.00 to $16.00 in a research report on Tuesday, June 6th. Last but not least, BidaskClub downgraded shares of Belmond from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. A single expense analyst has rated the inventory with a promote rating, 4 have specified a keep rating and two have issued a purchase rating to the inventory. Belmond now has a consensus rating of “Hold” and an normal target value of $14.60.
Belmond Organization Profile
Belmond Ltd. (Belmond) is a hotel business and adventure journey operator. As of December 31, 2016, Belmond owned, partially-owned and/or operated 45 homes, consisting of 34 specific deluxe hotels, 29 of which are owned (together with nine underneath lengthy-phrase lease), five European tourist trains, two cruise ships in Myanmar (just one of which is underneath lengthy-phrase charter), just one French canal cruise company consisting of five little canal boats, and just one stand-on your own restaurant in the United States.
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