Chipotle Mexican Grill (CMG) “Underperform” Rating Kept by Analysts at Bank of America; With $350 Target; MV Oil Trust Has 1.33 Sentiment

June 27, 2018 - By John Hoffman

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

MV Oil Trust (MVO) investors sentiment increased to 1.33 in 2018 Q1. It’s up 0.15, from 1.18 in 2017Q4. The ratio is more positive, as 8 institutional investors started new and increased equity positions, while 6 reduced and sold equity positions in MV Oil Trust. The institutional investors in our database reported: 1.28 million shares, up from 1.27 million shares in 2017Q4. Also, the number of institutional investors holding MV Oil Trust in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 5 Increased: 7 New Position: 1.

They currently have a $350 price target on Chipotle Mexican Grill (NYSE:CMG). Bank of America’s target would suggest a potential downside of -24.16% from the company’s last stock close. This was released in a research note on Tuesday, 26 June.

Investors sentiment increased to 0.85 in Q1 2018. Its up 0.17, from 0.68 in 2017Q4. It increased, as 53 investors sold Chipotle Mexican Grill, Inc. shares while 140 reduced holdings. 68 funds opened positions while 97 raised stakes. 23.61 million shares or 4.13% more from 22.67 million shares in 2017Q4 were reported. State Of Tennessee Treasury Department accumulated 0.04% or 25,902 shares. Creative Planning, Kansas-based fund reported 22,140 shares. Brown Mgmt Ltd Com invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Axa owns 107,120 shares for 0.14% of their portfolio. Manufacturers Life Ins The invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Ohio-based Gateway Investment Advisers Lc has invested 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG). First Republic Inv Mgmt, a California-based fund reported 87,091 shares. Caisse De Depot Et Placement Du Quebec holds 2,053 shares. Gam Holdings Ag invested 0.04% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Morgan Stanley stated it has 100,008 shares. 2,199 are held by Commonwealth Of Pennsylvania School Empls Retrmt System. Natl Bank Hapoalim Bm has 1,280 shares for 0.11% of their portfolio. 4,712 were accumulated by Pub Employees Retirement Association Of Colorado. Reynders Mcveigh Cap Management Ltd Llc reported 668 shares. Paloma Management Com holds 2,624 shares or 0.01% of its portfolio.

Analysts await Chipotle Mexican Grill, Inc. (NYSE:CMG) to report earnings on July, 24. They expect $2.67 earnings per share, up 15.09% or $0.35 from last year’s $2.32 per share. CMG’s profit will be $74.21 million for 43.21 P/E if the $2.67 EPS becomes a reality. After $2.13 actual earnings per share reported by Chipotle Mexican Grill, Inc. for the previous quarter, Wall Street now forecasts 25.35% EPS growth.

Since February 15, 2018, it had 2 insider purchases, and 0 sales for $1.10 million activity. Another trade for 3,000 shares valued at $953,100 was bought by Namvar Ali. Another trade for 500 shares valued at $145,440 was made by CAPPUCCIO PAUL T on Thursday, February 15.

More notable recent Chipotle Mexican Grill, Inc. (NYSE:CMG) news were published by: Seekingalpha.com which released: “Chipotle: Would This Time Be Different?” on June 24, 2018, also Benzinga.com with their article: “Reviewing Bill Ackman’s Q1 Trading Activity: Sells Nike and Howard Hughes” published on June 26, 2018, Fool.com published: “Quesadillas and Milkshakes Are Filled With Risk for Chipotle” on June 26, 2018. More interesting news about Chipotle Mexican Grill, Inc. (NYSE:CMG) were released by: Globenewswire.com and their article: “Research Report Identifies Six Flags Entertainment Corporation New, AVEO Pharmaceuticals, Chipotle Mexican Grill …” published on June 26, 2018 as well as Seekingalpha.com‘s news article titled: “Chipotle: Turnaround Is Fully Priced In” with publication date: June 06, 2018.

Chipotle Mexican Grill, Inc., together with its subsidiaries, develops and operates Chipotle Mexican Grill restaurants. The company has market cap of $12.83 billion. As of December 31, 2016, the firm operated 2,198 Chipotle restaurants throughout the United States, as well as 29 international Chipotle restaurants; and 23 restaurants with non-Chipotle concepts. It has a 68.97 P/E ratio.

Among 44 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 13 have Buy rating, 3 Sell and 28 Hold. Therefore 30% are positive. Chipotle Mexican Grill Inc. has $850 highest and $23 lowest target. $431.80’s average target is -6.44% below currents $461.5 stock price. Chipotle Mexican Grill Inc. had 268 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Sell” rating given on Wednesday, October 26 by Deutsche Bank. UBS maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) on Wednesday, February 7 with “Sell” rating. Wedbush downgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) on Tuesday, March 29 to “Underperform” rating. Wedbush maintained the stock with “Underperform” rating in Friday, July 22 report. The firm has “Buy” rating by SunTrust given on Wednesday, April 18. As per Tuesday, February 13, the company rating was maintained by Robert W. Baird. The company was maintained on Thursday, August 31 by Cowen & Co. The stock has “Neutral” rating by Robert W. Baird on Wednesday, October 25. Maxim Group upgraded the stock to “Hold” rating in Friday, February 3 report. The rating was maintained by Wedbush with “Neutral” on Monday, March 27.

The stock increased 1.61% or $7.33 during the last trading session, reaching $461.5. About 864,335 shares traded or 0.00% up from the average. Chipotle Mexican Grill, Inc. (NYSE:CMG) has declined 10.89% since June 27, 2017 and is downtrending. It has underperformed by 23.46% the S&P500. Some Historical CMG News: 14/03/2018 – Chipotle Marketing Head Is Out After Struggling to Fix Its Image; 26/04/2018 – CHIPOTLE MEXICAN GRILL INC CMG.N : UBS RAISES TARGET PRICE TO $300 FROM $275; 23/04/2018 – CHIPOTLE SAYS NO ILLNESS REPORTS FROM LEXINGTON, KY LOCATION; 15/03/2018 – CMG Announces Launch of International Virtual IT and Business Conference; 25/04/2018 – CHIPOTLE BOARD APPROVED INVESTMENT UP TO $100M FOR BUYBACKS; 25/04/2018 – CHIPOTLE CEO SAYS STILL WORK TO BE DONE AT COMPANY; 25/04/2018 – After-hours buzz: FB, T, CMG & more; 14/03/2018 – Chipotle marketing chief leaves nearly two years after cocaine bust; 06/03/2018 – CMG GRANTS CEO INDUCEMENT AWARDS PURSUANT TO NYSE RULE 303A.08; 17/04/2018 – ACKMAN SAYS CHIPOTLE HASN’T HAD INNOVATION FOR A DECADE

The stock increased 1.81% or $0.18 during the last trading session, reaching $10.14. About 25,877 shares traded. MV Oil Trust (MVO) has risen 59.84% since June 27, 2017 and is uptrending. It has outperformed by 47.27% the S&P500. Some Historical MVO News: 05/04/2018 – MV Oil Trust Announces Trust First Quarter Distribution; 14/03/2018 MV Oil Trust Files 2017 Annual Report on Form 10-K

MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. The company has market cap of $116.61 million. The Company’s properties comprise approximately 1,000 producing gas and oil wells, located in the Mid-Continent region in the states of Kansas and Colorado. It has a 12.37 P/E ratio.

Rr Advisors Llc holds 0.45% of its portfolio in MV Oil Trust for 554,000 shares. Shoker Investment Counsel Inc. owns 44,642 shares or 0.27% of their US portfolio. Moreover, Bluefin Trading Llc has 0.08% invested in the company for 142,839 shares. The Missouri-based Benjamin F. Edwards & Company Inc. has invested 0.02% in the stock. Gsa Capital Partners Llp, a United Kingdom-based fund reported 44,240 shares.

MV Oil Trust (NYSE:MVO) Institutional Positions Chart