Short Interest Watching: Belmond Limited (NYSE:BEL)’s Stock Is Buy After Less Market Selling

November 25, 2016 - By Adrian Mccoy   ·   0 Comments

Short Interest Watching: Belmond Limited (NYSE:BEL)'s Stock Is Buy After Less Market Selling

The stock of Belmond Limited (NYSE:BEL) registered a decrease of 1.21% in short interest. BEL’s total short interest was 2.85 million shares in November as published by FINRA. Its down 1.21% from 2.88 million shares, reported previously. With 266,900 shares average volume, it will take short sellers 11 days to cover their BEL’s short positions. The short interest to Belmond Limited’s float is 3.37%. About 240,649 shares traded hands. Belmond Ltd (NYSE:BEL) has risen 35.78% since April 22, 2016 and is uptrending. It has outperformed by 30.37% the S&P500.

Belmond Ltd. is a global collection of hotel and luxury travel adventures operating in various destinations worldwide. The company has a market cap of $1.56 billion. Operated and marketed under the Belmond brand , the Company’s collection embraces 47 hotel, river cruise, safari and luxury rail businesses in 23 countries. It has a 43.39 P/E ratio. From city landmarks to intimate resorts, the collection includes Belmond Grand Hotel Europe, St.

Belmond Ltd (NYSE:BEL) Ratings Coverage

Out of 6 analysts covering Belmond (NYSE:BEL), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Belmond has been the topic of 12 analyst reports since September 3, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Friday, November 4 by Deutsche Bank. The stock of Belmond Ltd (NYSE:BEL) has “Market Outperform” rating given on Monday, January 4 by JMP Securities. As per Friday, May 6, the company rating was maintained by Telsey Advisory Group. Telsey Advisory Group maintained Belmond Ltd (NYSE:BEL) rating on Friday, August 5. Telsey Advisory Group has “Market Perform” rating and $11 price target. The rating was maintained by Telsey Advisory Group with “Underperform” on Friday, February 26. Zacks downgraded the shares of BEL in a report on Thursday, September 3 to “Hold” rating. M Partners downgraded the shares of BEL in a report on Thursday, January 14 to “Sell” rating. The stock has “Neutral” rating given by M Partners on Thursday, August 4. Barclays Capital maintained Belmond Ltd (NYSE:BEL) on Wednesday, March 9 with “Overweight” rating. The firm earned “Buy” rating on Friday, August 5 by Deutsche Bank.

BEL Company Profile

Belmond Ltd. operates a global collection of hotel and luxury travel adventures in various destinations worldwide. Operated and marketed under the Belmond brand (belmond.com), the Company’s collection embraces 47 hotel, river cruise, safari and luxury rail businesses in 23 countries. From city landmarks to intimate resorts, the collection includes Belmond Grand Hotel Europe, St. Petersburg; Belmond Copacabana Palace, Rio de Janeiro; Belmond Maroma Resort & Spa, Riviera Maya, and Belmond El Encanto, Santa Barbara. Belmond also encompasses safaris, seven luxury tourist trains, including the Venice Simplon-Orient-Express, and three river cruises. Belmond also owns and operates the standalone restaurant ‘21’ Club in New York.

More recent Belmond Ltd (NYSE:BEL) news were published by: Barrons.com which released: “Belmond Ltd.” on August 31, 2015. Also Businesswire.com published the news titled: “Belmond Ltd. Reports Second Quarter 2016 Results” on August 03, 2016. Investorplace.com‘s news article titled: “Now Is the Time to Buy Belmond Ltd Stock (BEL)” with publication date: May 25, 2016 was also an interesting one.

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By Adrian Mccoy


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