Belmond Ltd. (NYSE:BEL)’s share price rose 1.6% during mid-day trading on Tuesday . The company traded as high as $11.38 and last traded at $11.36, with a volume of 211,109 shares traded. The stock had previously closed at $11.18.

BEL has been the topic of a number of recent research reports. Zacks Investment Research raised shares of Belmond from a “hold” rating to a “strong-buy” rating and set a $11.00 target price on the stock in a report on Tuesday, May 10th. Deutsche Bank AG reissued a “buy” rating on shares of Belmond in a report on Sunday, June 26th. Finally, Telsey Advisory Group raised shares of Belmond from an “underperform” rating to a “market perform” rating and raised their target price for the stock from $8.50 to $10.00 in a report on Friday, May 6th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of C$11.67.

The firm’s 50 day moving average price is $9.91 and its 200-day moving average price is $9.26. The firm has a market cap of $1.16 billion and a P/E ratio of 48.72.

Belmond (NYSE:BEL) last posted its quarterly earnings data on Thursday, May 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.09. The company had revenue of $99.10 million for the quarter, compared to the consensus estimate of $98.34 million. Equities analysts forecast that Belmond Ltd. will post $0.24 EPS for the current year.

Other hedge funds and institutional investors recently bought and sold shares of the company. Foresters Investment Management Company Inc. increased its position in Belmond by 0.7% in the fourth quarter. Foresters Investment Management Company Inc. now owns 436,000 shares of the company’s stock valued at $4,142,000 after buying an additional 3,000 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Belmond by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,210,933 shares of the company’s stock valued at $78,005,000 after buying an additional 283,720 shares during the last quarter. New South Capital Management Inc. increased its position in Belmond by 23.8% in the fourth quarter. New South Capital Management Inc. now owns 3,609,829 shares of the company’s stock valued at $34,293,000 after buying an additional 693,903 shares during the last quarter. Trexquant Investment LP increased its position in Belmond by 420.5% in the fourth quarter. Trexquant Investment LP now owns 108,310 shares of the company’s stock valued at $1,029,000 after buying an additional 87,502 shares during the last quarter. Finally, Royce & Associates LLC increased its position in Belmond by 1.9% in the fourth quarter. Royce & Associates LLC now owns 1,898,022 shares of the company’s stock valued at $18,031,000 after buying an additional 36,103 shares during the last quarter.

Belmond Ltd. (Belmond), 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.

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