NumerixS Investment Technologies Inc acquired a new stake in Belmond Ltd (NYSE:BEL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,481 shares of the company’s stock, valued at approximately $86,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Russell Investments Group Ltd. boosted its holdings in shares of Belmond by 56.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 241,135 shares of the company’s stock worth $4,401,000 after purchasing an additional 86,991 shares in the last quarter. Prudential Financial Inc. boosted its holdings in shares of Belmond by 5.6% in the 3rd quarter. Prudential Financial Inc. now owns 144,884 shares of the company’s stock worth $2,644,000 after purchasing an additional 7,720 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Belmond by 4.0% in the 3rd quarter. Rhumbline Advisers now owns 209,530 shares of the company’s stock worth $3,824,000 after purchasing an additional 8,054 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Belmond by 20.4% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 21,384 shares of the company’s stock worth $390,000 after purchasing an additional 3,623 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Belmond by 2.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,733,599 shares of the company’s stock worth $31,638,000 after purchasing an additional 36,217 shares in the last quarter. Institutional investors and hedge funds own 78.78% of the company’s stock.

BEL opened at $24.90 on Friday. Belmond Ltd has a 12-month low of $10.30 and a 12-month high of $25.38. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.11 and a quick ratio of 0.99. The stock has a market capitalization of $2.57 billion, a PE ratio of 83.00, a PEG ratio of 4.70 and a beta of 0.46.

Belmond (NYSE:BEL) last posted its quarterly earnings data on Wednesday, February 27th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). Belmond had a positive return on equity of 4.59% and a negative net margin of 4.89%. The firm had revenue of $122.30 million during the quarter, compared to analysts’ expectations of $132.60 million. During the same quarter in the previous year, the company posted ($0.06) earnings per share. Belmond’s revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, equities research analysts expect that Belmond Ltd will post 0.35 EPS for the current year.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut Belmond from a “buy” rating to a “hold” rating in a report on Friday, March 1st. Jefferies Financial Group cut Belmond from a “buy” rating to a “hold” rating and set a $25.00 price objective for the company. in a report on Monday, December 17th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the company. Belmond currently has a consensus rating of “Hold” and a consensus target price of $19.25.

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Belmond Company Profile

Belmond Ltd. engages in the hotel and travel businesses. As of December 31, 2017, the company owned, invested in, or managed 36 deluxe hotels and resort properties in the United States, Mexico, The Caribbean, Europe, Southern Africa, South America, and Southeast Asia; 1 stand-alone restaurant in New York; 7 tourist trains in Europe, Southeast Asia, and Peru; 1 river cruise in Myanmar; and 1 canal boat business in France.

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Institutional Ownership by Quarter for Belmond (NYSE:BEL)

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