Chipotle Mexican Grill, Inc. (CMG) Reaches $469.83 52-Week High; Manatuck Hill Partners Increased Its Ultralife (ULBI) Stake

June 18, 2018 - By Kurt Siggers

Ultralife Corporation (NASDAQ:ULBI) Logo

The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) hit a new 52-week high and has $488.62 target or 4.00% above today’s $469.83 share price. The 8 months bullish chart indicates low risk for the $13.06B company. The 1-year high was reported on Jun, 18 by Barchart.com. If the $488.62 price target is reached, the company will be worth $522.32 million more. The stock increased 1.69% or $7.82 during the last trading session, reaching $469.83. About 182,586 shares traded. Chipotle Mexican Grill, Inc. (NYSE:CMG) has declined 10.89% since June 18, 2017 and is downtrending. It has underperformed by 23.46% the S&P500. Some Historical CMG News: ; 23/05/2018 – Chipotle To Relocate Its HQ To Newport Beach, Calif., Impacting 400 Staffers — MarketWatch; 23/05/2018 – Chipotle: Following Transition, Will Close Denver and New York City Offices; 25/04/2018 – Chipotle Mexican 1Q Rev $1.15B; 25/04/2018 – Chipotle Mexican 1Q EPS $2.13; 23/05/2018 – Chipotle said Wednesday it will shutter its offices in Denver and New York and relocate its headquarters to Newport Beach, California; 25/04/2018 – Chipotle’s New CEO Gets Welcome Gift as Sales Exceed Estimates; 23/04/2018 – Chipotle Forms Golden Cross: Technicals; 20/04/2018 – Chipotle Names Marissa Andrada Chief Human Resources Officer; 20/03/2018 – Chipotle Taps Outback Steakhouse Veteran to Help Burnish Image; 07/03/2018 – Report: Developing Opportunities within Seattle Genetics, PBF Energy, Chipotle Mexican Grill, CIT Group Inc (DEL), PDL BioPharm

Manatuck Hill Partners Llc increased Ultralife Corp (ULBI) stake by 73.02% reported in 2018Q1 SEC filing. Manatuck Hill Partners Llc acquired 55,201 shares as Ultralife Corp (ULBI)’s stock rose 20.38%. The Manatuck Hill Partners Llc holds 130,801 shares with $1.31M value, up from 75,600 last quarter. Ultralife Corp now has $148.50 million valuation. The stock increased 0.27% or $0.025 during the last trading session, reaching $9.325. About 3,868 shares traded. Ultralife Corporation (NASDAQ:ULBI) has risen 57.50% since June 18, 2017 and is uptrending. It has outperformed by 44.93% the S&P500. Some Historical ULBI News: ; 10/05/2018 – Thomson Horstmann & Bryant Buys New 2.5% Position in Ultralife; 21/04/2018 – DJ Ultralife Corporation, Inst Holders, 1Q 2018 (ULBI); 03/05/2018 – Ultralife 1Q Rev $23.1M; 11/04/2018 Northpointe Capital Buys New 1.6% Position in Ultralife; 03/05/2018 – Ultralife 1Q EPS 13c

Investors sentiment increased to 0.85 in 2018 Q1. 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. Cutter Brokerage Inc stated it has 0.09% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). West Oak Ltd Liability owns 124 shares. 18 are held by America First Inv Lc. Blair William & Il reported 36,117 shares stake. First Republic Invest holds 87,091 shares. Oakbrook Investments Ltd Liability owns 2,555 shares or 0.05% of their US portfolio. Dekabank Deutsche Girozentrale owns 1,496 shares for 0% of their portfolio. Aqr Management Ltd Com stated it has 0% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). Alpha Cubed Investments Ltd Liability Corp has 0.21% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 5,053 shares. Scout Invests reported 20,327 shares. Millennium Ltd Liability Corp reported 5,562 shares or 0% of all its holdings. Banque Pictet & Cie holds 0.01% or 1,603 shares. 76,908 were accumulated by Sumitomo Mitsui Tru. Kazazian Asset Management Limited Liability Co stated it has 0.52% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). 24,836 are owned by Susquehanna Intl Grp Inc Limited Liability Partnership.

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. $429.80’s average target is -8.52% below currents $469.83 stock price. Chipotle Mexican Grill Inc. had 266 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Maxim Group on Wednesday, April 19. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Neutral” rating by Credit Suisse on Tuesday, June 20. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Buy” rating by BTIG Research on Thursday, April 26. The rating was upgraded by Telsey Advisory Group to “Outperform” on Monday, November 23. The company was maintained on Monday, March 7 by Credit Suisse. The rating was maintained by Cowen & Co on Monday, April 23 with “Sell”. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Underperform” rating given on Tuesday, March 29 by Wedbush. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, September 7. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Sell” rating by Maxim Group on Wednesday, April 27. The firm has “Equal-Weight” rating by Stephens given on Thursday, August 24.

More notable recent Chipotle Mexican Grill, Inc. (NYSE:CMG) news were published by: Seekingalpha.com which released: “Chipotle: Turnaround Is Fully Priced In” on June 06, 2018, also Seekingalpha.com with their article: “Chipotle: Corporate Disruption” published on May 24, 2018, Benzinga.com published: “Dave & Buster’s: It’s All Fun And Games With Nearly 30% Upside” on May 21, 2018. More interesting news about Chipotle Mexican Grill, Inc. (NYSE:CMG) were released by: Investorplace.com and their article: “The Blockchain Revolution Has Just Begun” published on June 18, 2018 as well as Streetinsider.com‘s news article titled: “Chipotle Mexican Grill (CMG) PT Raised to $500 at Baird; ‘Optimism About Turnaround… Substantial Earnings Power …” with publication date: May 31, 2018.

Since February 15, 2018, it had 2 insider purchases, and 0 insider sales for $1.10 million activity. CAPPUCCIO PAUL T also bought $145,440 worth of Chipotle Mexican Grill, Inc. (NYSE:CMG) shares. $953,100 worth of Chipotle Mexican Grill, Inc. (NYSE:CMG) shares were bought by Namvar Ali.

Chipotle Mexican Grill, Inc., together with its subsidiaries, develops and operates Chipotle Mexican Grill restaurants. The company has market cap of $13.06 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 70.22 P/E ratio.

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 43.99 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.

Investors sentiment increased to 1.33 in 2018 Q1. Its up 0.18, from 1.15 in 2017Q4. It increased, as 2 investors sold ULBI shares while 10 reduced holdings. 10 funds opened positions while 6 raised stakes. 4.83 million shares or 13.41% more from 4.26 million shares in 2017Q4 were reported. Saturna Capital Corporation has invested 0% in Ultralife Corporation (NASDAQ:ULBI). Morgan Stanley reported 8,717 shares or 0% of all its holdings. Teton accumulated 25,000 shares or 0.02% of the stock. Bridgeway Mngmt reported 237,000 shares. Spark Mgmt Limited Liability Com holds 15,700 shares. Bluecrest Cap Mgmt holds 10,662 shares. 300 were reported by Wg Shaheen & Dba Whitney & Commerce. Northpointe Cap Ltd holds 0.31% in Ultralife Corporation (NASDAQ:ULBI) or 244,070 shares. Northern Trust Corp holds 27,859 shares. The Pennsylvania-based Vanguard Group Inc has invested 0% in Ultralife Corporation (NASDAQ:ULBI). Glob X Mgmt Ltd Limited Liability Company holds 363,845 shares. Brandywine Global Limited Liability Co holds 0% in Ultralife Corporation (NASDAQ:ULBI) or 2,959 shares. Barclays Public Ltd Com owns 36 shares for 0% of their portfolio. Manatuck Hill Ptnrs Ltd Liability holds 130,801 shares. California Employees Retirement System owns 31,400 shares for 0% of their portfolio.

Since May 11, 2018, it had 1 buy, and 0 insider sales for $20,350 activity. On Friday, May 11 the insider Saeli Thomas Louis bought $20,350.

Manatuck Hill Partners Llc decreased B Riley Finl Inc stake by 51,400 shares to 158,600 valued at $3.09 million in 2018Q1. It also reduced Hostess Brands Inc stake by 50,000 shares and now owns 252,000 shares. Siteone Landscape Supply Inc was reduced too.

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

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>