Gagnon Securities Boosted Holding in Chipotle Mexican Grill (CMG); International Business Machs (IBM) Stock Declined While Sterneck Capital Management Boosted by $411,723 Its Stake

April 23, 2018 - By Nellie Frank

Chipotle Mexican Grill, Inc. (NYSE:CMG) Logo

Gagnon Securities Llc increased its stake in Chipotle Mexican Grill Inc (CMG) by 85.64% based on its latest 2017Q4 regulatory filing with the SEC. Gagnon Securities Llc bought 2,076 shares as the company’s stock rose 9.39% while stock markets declined. The institutional investor held 4,500 shares of the consumer services company at the end of 2017Q4, valued at $1.30M, up from 2,424 at the end of the previous reported quarter. Gagnon Securities Llc who had been investing in Chipotle Mexican Grill Inc for a number of months, seems to be bullish on the $9.28B market cap company. The stock increased 0.39% or $1.28 during the last trading session, reaching $333.23. About 423,368 shares traded. Chipotle Mexican Grill, Inc. (NYSE:CMG) has declined 22.17% since April 23, 2017 and is downtrending. It has underperformed by 33.72% the S&P500.

Sterneck Capital Management Llc increased its stake in International Business Machs (IBM) by 9.83% based on its latest 2017Q4 regulatory filing with the SEC. Sterneck Capital Management Llc bought 2,691 shares as the company’s stock declined 0.39% with the market. The institutional investor held 30,078 shares of the computer manufacturing company at the end of 2017Q4, valued at $4.62 million, up from 27,387 at the end of the previous reported quarter. Sterneck Capital Management Llc who had been investing in International Business Machs for a number of months, seems to be bullish on the $134.07 billion market cap company. The stock increased 0.44% or $0.64 during the last trading session, reaching $145.54. About 3.08 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since April 23, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Investors sentiment decreased to 0.68 in Q4 2017. Its down 0.01, from 0.69 in 2017Q3. It dived, as 75 investors sold CMG shares while 157 reduced holdings. 65 funds opened positions while 92 raised stakes. 22.67 million shares or 7.77% less from 24.58 million shares in 2017Q3 were reported. Ubs Asset Mngmt Americas Inc owns 0.02% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 73,030 shares. Maverick Cap Ltd holds 0.11% or 31,500 shares in its portfolio. Public Sector Pension Investment Board owns 2,868 shares for 0.01% of their portfolio. Bluemountain Capital Management Ltd holds 0.14% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 24,424 shares. Ing Groep Nv owns 2,695 shares or 0.01% of their US portfolio. Sumitomo Mitsui Asset Mngmt Company Ltd owns 1,939 shares. Quantres Asset Mngmt holds 2,900 shares or 0.53% of its portfolio. First Allied Advisory Serv has 0.01% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 807 shares. Gulf Intll Bancorp (Uk) has invested 0.03% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Cambridge Rech Advsrs Incorporated has 4,289 shares. Raymond James And Associates owns 16,973 shares for 0.01% of their portfolio. Eqis Cap Inc holds 0.06% or 4,121 shares in its portfolio. Schwab Charles Invest Management Incorporated holds 0.02% or 90,872 shares. Livforsakringsbolaget Skandia Omsesidigt reported 0.01% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). Connor Clark And Lunn Invest Management Limited holds 0% or 2,325 shares.

Gagnon Securities Llc, which manages about $353.18M and $281.80M US Long portfolio, decreased its stake in Nintendo Co Ltd (NTDOY) by 9,969 shares to 54,591 shares, valued at $2.50M in 2017Q4, according to the filing. It also reduced its holding in Zogenix Inc by 65,305 shares in the quarter, leaving it with 38,460 shares, and cut its stake in Equinix Inc (NASDAQ:EQIX).

Among 44 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 11 have Buy rating, 5 Sell and 28 Hold. Therefore 25% are positive. Chipotle Mexican Grill Inc. had 248 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, July 22 the stock rating was maintained by BTIG Research with “Neutral”. Piper Jaffray maintained it with “Buy” rating and $510.0 target in Wednesday, October 11 report. The company was maintained on Wednesday, April 26 by Buckingham Research. On Thursday, October 19 the stock rating was maintained by SunTrust with “Buy”. The stock has “Sell” rating by UBS on Friday, March 9. Barclays Capital maintained the stock with “Hold” rating in Tuesday, January 16 report. Wedbush maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) on Friday, July 22 with “Underperform” rating. The firm has “Neutral” rating given on Tuesday, March 13 by Wedbush. The firm has “Buy” rating by SunTrust given on Wednesday, March 16. On Wednesday, October 25 the stock rating was downgraded by Telsey Advisory to “Hold”.

Since February 15, 2018, it had 2 insider buys, and 0 selling transactions for $1.10 million activity. $953,100 worth of Chipotle Mexican Grill, Inc. (NYSE:CMG) was bought by Namvar Ali on Thursday, February 22.

Sterneck Capital Management Llc, which manages about $314.88M and $167.09M US Long portfolio, decreased its stake in Gilead Sciences Inc (NASDAQ:GILD) by 4,458 shares to 56,047 shares, valued at $4.02M in 2017Q4, according to the filing. It also reduced its holding in Tower Intl Inc (NYSE:TOWR) by 18,179 shares in the quarter, leaving it with 38,045 shares, and cut its stake in Travelcenters Amer Llc (NYSE:TA).

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. S&P Research maintained the stock with “Buy” rating in Wednesday, October 21 report. The stock of International Business Machines Corporation (NYSE:IBM) earned “Neutral” rating by Goldman Sachs on Tuesday, September 22. The firm has “Buy” rating given on Friday, January 19 by RBC Capital Markets. The firm has “Buy” rating given on Friday, January 19 by Stifel Nicolaus. Morgan Stanley maintained International Business Machines Corporation (NYSE:IBM) rating on Thursday, March 31. Morgan Stanley has “Overweight” rating and $168 target. The firm has “Sector Perform” rating given on Friday, January 15 by RBC Capital Markets. The stock of International Business Machines Corporation (NYSE:IBM) has “Buy” rating given on Friday, October 9 by Drexel Hamilton. On Tuesday, July 11 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was initiated by Wedbush on Thursday, August 3 with “Hold”. The firm has “Buy” rating by Bank of America given on Thursday, January 18.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Institutional Positions Chart

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