Ownership Action Report: Institutional Investor Sentiment About Chipotle Mexican Grill Inc (NYSE:CMG) Improved

November 28, 2016 - By Richard Conner   ·   0 Comments

Ownership Action Report: Institutional Investor Sentiment About Chipotle Mexican Grill Inc (NYSE:CMG)  Improved

Sentiment for Chipotle Mexican Grill Inc (NYSE:CMG)

Chipotle Mexican Grill Inc (NYSE:CMG) institutional sentiment decreased to 0.85 in Q2 2016. Its down -0.16, from 1.01 in 2016Q1. The ratio dropped, as 230 investment professionals started new or increased positions, while 228 sold and decreased their stock positions in Chipotle Mexican Grill Inc. The investment professionals in our partner’s database now own: 27.25 million shares, down from 30.66 million shares in 2016Q1. Also, the number of investment professionals holding Chipotle Mexican Grill Inc in their top 10 positions increased from 11 to 12 for an increase of 1. Sold All: 50 Reduced: 178 Increased: 173 New Position: 57.

Chipotle Mexican Grill, Inc., together with its subsidiaries operates Chipotle Mexican Grill restaurants. The company has a market cap of $11.87 billion. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls and salads. It has a 169.3 P/E ratio. The Firm operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany.

The stock decreased 0.03% or $0.13 on November 25, hitting $410.28. Chipotle Mexican Grill, Inc. (NYSE:CMG) has declined 7.41% since April 25, 2016 and is downtrending. It has underperformed by 13.42% the S&P500.

Analysts await Chipotle Mexican Grill, Inc. (NYSE:CMG) to report earnings on February, 7. They expect $1.05 earnings per share, down 51.61% or $1.12 from last year’s $2.17 per share. CMG’s profit will be $30.38 million for 97.69 P/E if the $1.05 EPS becomes a reality. After $0.79 actual earnings per share reported by Chipotle Mexican Grill, Inc. for the previous quarter, Wall Street now forecasts 32.91% EPS growth.

According to Zacks Investment Research, “Chipotle offers a focused menu of burritos, tacos, burrito bols and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. Through its vision of Food with Integrity, Chipotle is seeking better food not only from a variety of fresh ingredients, but ingredients that are sustainably grown and naturally raised with respect for the animals, the land, and the farmers who produce the food.”

Tybourne Capital Management Hk Ltd holds 12.45% of its portfolio in Chipotle Mexican Grill, Inc. for 595,325 shares. Aeris Capital Holding Gmbh owns 73,495 shares or 12.02% of their US portfolio. Moreover, Archon Capital Management Llc has 9.7% invested in the company for 20,020 shares. The New York-based Marianas Fund Management Llc has invested 7.06% in the stock. Alpine Partners Vi Llc, a New York-based fund reported 26,397 shares.#img1#

Chipotle Mexican Grill, Inc. (NYSE:CMG) Ratings Coverage

Ratings analysis reveals 32% of Chipotle Mexican Grill Inc.’s analysts are positive. Out of 37 Wall Street analysts rating Chipotle Mexican Grill Inc., 12 give it “Buy”, 8 “Sell” rating, while 17 recommend “Hold”. The lowest target is $23 while the high is $850. The stock’s average target of $481.57 is 17.38% above today’s ($410.28) share price. CMG was included in 116 notes of analysts from July 22, 2015. Argus Research maintained the shares of CMG in a report on Thursday, July 23 with “Buy” rating. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Neutral” rating by Goldman Sachs on Friday, April 1. The company was maintained on Monday, November 23 by Maxim Group. Telsey Advisory Group maintained the shares of CMG in a report on Friday, July 22 with “Market Perform” rating. The firm earned “Hold” rating on Tuesday, April 5 by Evercore. On Wednesday, September 21 the stock rating was maintained by Goldman Sachs with “Neutral”. The firm earned “Outperform” rating on Monday, March 7 by Credit Suisse. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, October 18. Goldman Sachs maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating on Friday, July 22. Goldman Sachs has “Neutral” rating and $445 price target. As per Thursday, May 26, the company rating was downgraded by Cleveland.

CMG Company Profile

Chipotle Mexican Grill, Inc., incorporated on January 30, 1998, together with its subsidiaries operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Firm operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany. The Company’s restaurants include over 10 ShopHouse Southeast Asian Kitchen restaurants, serving Asian-inspired cuisine. The Firm owned and operated approximately three Pizzeria Locale restaurants, a fast casual pizza concept, resulting in a totaling of approximately 2,010 restaurants. The Firm sells gift cards which do not have an expiration date.

More notable recent Chipotle Mexican Grill, Inc. (NYSE:CMG) news were published by: Marketwatch.com which released: “Chipotle rolls out next round of recovery efforts but analysts aren’t biting” on October 26, 2016, also Fool.com with their article: “Why Chipotle Mexican Grill, Inc. Dropped 15% in October” published on November 11, 2016, Fool.com published: “Chipotle Mexican Grill, Inc.: Why I’m Selling My Chipotle Stock — and You …” on October 27, 2016. More interesting news about Chipotle Mexican Grill, Inc. (NYSE:CMG) were released by: Investorplace.com and their article: “Chipotle Mexican Grill, Inc. (CMG) Stock Needs MUCH More Than Ackman to Win” published on November 21, 2016 as well as Fool.com‘s news article titled: “Chipotle Mexican Grill, Inc. Suffers From Huge Investor Mistrust” with publication date: October 31, 2016.

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By Richard Conner


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