Chipotle Mexican Grill, Inc. (CMG) Given "Hold" Rating at Canaccord Genuity

Jay Anderson
June 20, 2017

It has underperformed by 9.08% the S&P500.The move comes after 9 months negative chart setup for the $12.59B company.

Forward Management Llc decreased Wpp Plc New (WPPGY) stake by 32.63% reported in 2016Q4 SEC filing. BlackRock Inc. now owns 2,424,479 shares of the restaurant operator's stock worth $1,080,155,000 after buying an additional 2,353,372 shares during the last quarter. The stock declined 0.15% or $0.08 reaching $52.49 per share. Emerald Advisers Inc Pa has 71,405 shares. It has underperformed by 15.69% the S&P500.

Investors sentiment decreased to 0.64 in 2016 Q4. Its up 0.07, from 1.15 in 2016Q3. It dived, as 12 investors sold Jones Energy Inc shares while 26 reduced holdings. 66 funds opened positions while 114 raised stakes. Btim Corp owns 1,041 shares or 0.01% of their USA portfolio. (NYSE:CMG) for 2,430 shares. The company has its outstanding shares of 341.19 million. The original version of this report can be accessed at (NYSE:CMG)'s market cap, the total dollar value of all of their outstanding shares, is 13285.44m. Fiera Corporation holds 0.01% or 4,062 shares. Finally, Parsons Capital Management Inc.

04/26/2017 - Chipotle Mexican Grill, Inc. had its "buy" rating reiterated by analysts at Buckingham Research. (NYSE:CMG), 11 have Buy rating, 6 Sell and 20 Hold.

Chipotle also revealed in the SEC filing that food costs are expected to make up 34.2% of its total revenue and that marketing and promotional costs are anticipated to rise 20 to 30 basis points, making up 3.6% to 3.7% of its full-year sales. (NYSE:CMG) stock reached a 1-year peak price of $499.00. Parametric Portfolio Assocs Limited Com owns 39,010 shares for 0.02% of their portfolio. Profund Advsr Limited Co holds 0.09% in Metlife Inc (NYSE:MET) or 35,654 shares. Chipotle Mexican Grill, Inc. (NYSE:CMG) on Thursday, October 8 with "Buy" rating. Therefore 30% are positive. KBC Group NV's holdings in Chipotle Mexican Grill were worth $1,176,000 at the end of the most recent quarter. The firm has "Buy" rating by SunTrust given on Thursday, October 8. Goldman Sachs maintained the shares of CMG in report on Wednesday, September 21 with "Neutral" rating. (NYSE:CMG) is a huge mover today! They now have a United States dollars 533 price target on the stock.

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The company has been one of the biggest innovators in "Specialty Retail, Other" employing approximately 50092 full time employees. Raymond James Financial Services Advisors Inc. raised its stake in Alibaba Group Holding Limited by 2.8% in the fourth quarter.

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The firm has "Underperform" rating given on Monday, November 23 by Bank of America. Nomura maintained the stock with "Hold" rating in Monday, May 1 report. On Thursday, January 26 the stock rating was initiated by Citigroup with "Sell". Canaccord Genuity maintained MiMedx Group Inc (NASDAQ:MDXG) on Friday, December 18 with "Buy" rating. The firm earned "Equal-Weight" rating on Wednesday, November 11 by Morgan Stanley.

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on July, 19 before the open. The restaurant operator reported $1.60 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.28 by $0.32. Jvl Lc owns 15.31% invested in Jones Energy Inc (NYSE:JONE) for 16.09M shares.

Since January 1, 0001, it had 0 insider purchases, and 19 insider sales for $1.77 million activity. Shares for $159,084 were bought by PAULL MATTHEW H on Monday, February 6. It dropped, as 84 investors sold Chipotle Mexican Grill, Inc. shares while 198 reduced holdings. It also upped Medequities Rlty Tr Inc stake by 1.61 million shares and now owns 2.11 million shares. Seven investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Therefore 46% are positive. WPP had 10 analyst reports since August 27, 2015 according to SRatingsIntel. The stock has "Outperform" rating by Credit Suisse on Wednesday, February 3. The firm has "Buy" rating by Deutsche Bank given on Monday, January 23.

A number of brokerages recently issued reports on CMG. The stock has "Buy" rating by Credit Agricole on Wednesday, December 9. Vetr upgraded Chipotle Mexican Grill from a "sell" rating to a "hold" rating and set a $460.94 price objective on the stock in a report on Monday, May 1st.

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