Should Orient-Express Hotels Ltd. (NYSE:OEH) investors track the following data?
In the 21st century investor’s toolkit, there are tons of indicators shareholders can use to monitor stocks. A pair of the most under-the-radar are hedge fund and insider trading activity. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the elite fund managers can beat the market by a superb amount (see just how much).
Equally as useful, positive insider trading sentiment is a second way to look at the marketplace. Just as you’d expect, there are plenty of reasons for an executive to downsize shares of his or her company, but just one, very clear reason why they would initiate a purchase. Various academic studies have demonstrated the market-beating potential of this method if “monkeys” know what to do (learn more here).
Now that that’s out of the way, we’re going to examine the newest info surrounding Orient-Express Hotels Ltd. (NYSE:OEH).
How are hedge funds trading Orient-Express Hotels Ltd. (NYSE:OEH)?
At Q2’s end, a total of 20 of the hedge funds we track held long positions in this stock, a change of 5% from the first quarter. With the smart money’s capital changing hands, there exists an “upper tier” of notable hedge fund managers who were upping their stakes meaningfully.
According to our 13F database, Select Equity Group, managed by Robert Joseph Caruso, holds the largest position in Orient-Express Hotels Ltd. (NYSE:OEH). Select Equity Group has a $19.9 million position in the stock, comprising 0.3% of its 13F portfolio. Coming in second is Royce & Associates, managed by Chuck Royce, which held a $18.3 million position; the fund has 0.1% of its 13F portfolio invested in the stock. Other peers that hold long positions include Charles Clough’s Clough Capital Partners, Glenn J. Krevlin’s Glenhill Advisors and John Khoury’s Long Pond Capital.
Now, certain bigger names were breaking ground themselves. Select Equity Group, managed by Robert Joseph Caruso, created the largest position in Orient-Express Hotels Ltd. (NYSE:OEH). Select Equity Group had 19.9 million invested in the company at the end of the quarter. Chuck Royce’s Royce & Associates also initiated a $18.3 million position during the quarter. The other funds with new positions in the stock are Charles Clough’s Clough Capital Partners, Glenn J. Krevlin’s Glenhill Advisors, and John Khoury’s Long Pond Capital.
What do corporate executives and insiders think about Orient-Express Hotels Ltd. (NYSE:OEH)?
Bullish insider trading is particularly usable when the company in focus has experienced transactions within the past six months. Over the latest half-year time period, Orient-Express Hotels Ltd. (NYSE:OEH) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).
We’ll also examine the relationship between both of these indicators in other stocks similar to Orient-Express Hotels Ltd. (NYSE:OEH). These stocks are Choice Hotels International, Inc. (NYSE:CHH), Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP), 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN), China Lodging Group, Ltd (ADR) (NASDAQ:HTHT), and Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN). This group of stocks belong to the lodging industry and their market caps resemble OEH’s market cap.