Advisory Research Inc. Has $1,995,000 Stake in Belmond Ltd. (BEL)

Advisory Research Inc. held its position in Belmond Ltd. (NYSE:BEL) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 164,892 shares of the company’s stock at the end of the 2nd quarter. Advisory Research Inc. owned 0.16% of Belmond worth $1,995,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Louisiana State Employees Retirement System increased its holdings in Belmond by 0.3% during the 2nd quarter. Louisiana State Employees Retirement System now owns 34,500 shares of the company’s stock valued at $459,000 after purchasing an additional 100 shares in the last quarter. Arizona State Retirement System boosted its position in Belmond by 0.5% in the 2nd quarter. Arizona State Retirement System now owns 44,200 shares of the company’s stock valued at $588,000 after buying an additional 200 shares during the last quarter. Texas Permanent School Fund boosted its position in Belmond by 1.2% in the 2nd quarter. Texas Permanent School Fund now owns 61,885 shares of the company’s stock valued at $823,000 after buying an additional 707 shares during the last quarter. Amalgamated Bank boosted its position in Belmond by 7.5% in the 2nd quarter. Amalgamated Bank now owns 12,195 shares of the company’s stock valued at $162,000 after buying an additional 856 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in Belmond by 0.8% in the 1st quarter. Legal & General Group Plc now owns 156,236 shares of the company’s stock valued at $1,893,000 after buying an additional 1,166 shares during the last quarter. 75.83% of the stock is owned by hedge funds and other institutional investors.

Shares of Belmond Ltd. (BEL) remained flat at $14.05 during midday trading on Thursday. 47,797 shares of the company traded hands. The stock has a market cap of $1.44 billion, a P/E ratio of 234.17 and a beta of 0.96. The stock has a 50-day moving average price of $13.04 and a 200-day moving average price of $12.74. Belmond Ltd. has a 1-year low of $11.00 and a 1-year high of $14.45.

Belmond (NYSE:BEL) last released its quarterly earnings data on Monday, August 7th. The company reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.07. The company had revenue of $165.90 million during the quarter, compared to the consensus estimate of $168.93 million. Belmond had a net margin of 1.18% and a return on equity of 3.99%. On average, analysts forecast that Belmond Ltd. will post $0.18 EPS for the current year.

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Several research analysts have recently issued reports on BEL shares. Barclays PLC restated an “overweight” rating and issued a $15.00 price target (down from $16.00) on shares of Belmond in a research report on Thursday, August 10th. BidaskClub lowered Belmond from a “sell” rating to a “strong sell” rating in a report on Thursday, August 24th. Finally, Zacks Investment Research upgraded Belmond from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $14.25.

Belmond Company Profile

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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Institutional Ownership by Quarter for Belmond (NYSE:BEL)

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