Belmond Ltd (BEL) Short Interest Update
Belmond Ltd (NYSE:BEL) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,798,462 shares, an increase of 58.0% from the December 15th total of 1,771,147 shares, MarketBeat.com reports. Approximately 3.3% of the shares of the company are short sold. Based on an average daily volume of 853,050 shares, the short-interest ratio is currently 3.3 days.
A hedge fund recently raised its stake in Belmond stock. J. Goldman & Company boosted its position in Belmond Ltd (NYSE:BEL) by 67.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 217,925 shares of the company’s stock after buying an additional 87,925 shares during the period. J. Goldman & Company’s holdings in Belmond were worth $2,203,000 as of its most recent SEC filing.
A number of analysts have weighed in on BEL shares. Zacks Investment Research downgraded shares of Belmond from a “buy” rating to a “hold” rating in a report on Tuesday, October 13th. MKM Partners cut shares of Belmond from a “buy” rating to a “sell” rating and dropped their price objective for the company from $16.50 to $7.00 in a research note on Thursday, January 14th. Telsey Advisory Group initiated coverage on shares of Belmond in a research note on Monday, January 4th. They issued an “underperform” rating and a $8.00 price objective for the company. Finally, JMP Securities dropped their price objective on shares of Belmond from $16.00 to $14.00 and set a “market outperform” rating for the company in a research note on Monday, January 4th.
Belmond (NYSE:BEL) opened at 8.53 on Friday. Belmond has a 52 week low of $7.31 and a 52 week high of $13.26. The stock has a 50 day moving average of $8.90 and a 200-day moving average of $10.51. The firm has a market cap of $871.70 million and a PE ratio of 67.70.
Belmond (NYSE:BEL) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.02. Analysts expect that Belmond will post $0.15 earnings per share for the current year.
Belmond Ltd. (NYSE:BEL), formerly Orient-Express Hotels Ltd. is a luxury hotel company and adventure travel operator. Belmond manages around 45 properties, consisting of around 35 individual deluxe hotels, one stand-alone restaurant, six tourist trains and three river/canal cruise businesses. Belmond’s 45 properties operate in approximately 22 countries. Belmond operates in six segments: owned hotels-Europe, owned hotels-North America, owned hotels-Rest of World, part-owned/managed hotels, owned trains and cruises, and part-owned/managed trains. Its properties include hotels, such as Belmond Hotel Cipriani, Belmond Hotel Splendido and Belmond Splendido Mare, Belmond Villa San Michele, Belmond Hotel Caruso, Belmond Khwai River Lodge, Belmond Eagle Island Lodge and Belmond Savute Elephant Lodge, among others, and trains and cruises, such as Belmond British Pullman, Belmond Northern Belle, Belmond Royal Scotsman, Belmond Road to Mandalay and Eastern & Oriental Express, among others.

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