Solus Alternative Asset Management LP Has Increased Scorpio Tankers (STNG) Holding by $4.07 Million as Valuation Declined; Check Capital Management Stake in Chipotle Mexican Grill (CMG) Has Decreased by $21.00 Million

May 18, 2018 - By Linda Rogers

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

Check Capital Management Inc decreased its stake in Chipotle Mexican Grill (CMG) by 41.21% based on its latest 2017Q4 regulatory filing with the SEC. Check Capital Management Inc sold 72,656 shares as the company’s stock rose 9.39% while stock markets declined. The hedge fund held 103,650 shares of the consumer services company at the end of 2017Q4, valued at $29.96M, down from 176,306 at the end of the previous reported quarter. Check Capital Management Inc who had been investing in Chipotle Mexican Grill for a number of months, seems to be less bullish one the $12.19B market cap company. The stock decreased 1.37% or $6.09 during the last trading session, reaching $438.58. About 1.14 million shares traded or 11.73% up from the average. Chipotle Mexican Grill, Inc. (NYSE:CMG) has declined 22.17% since May 18, 2017 and is downtrending. It has underperformed by 33.72% the S&P500.

Christopher Pucillo increased its stake in Scorpio Tankers Inc (STNG) by 19.23% based on its latest 2017Q4 regulatory filing with the SEC. Solus Alternative Asset Management Lp bought 1.36 million shares as the company’s stock declined 36.71% with the market. The hedge fund run by Christopher Pucillo held 8.42 million shares of the marine transportation company at the end of 2017Q4, valued at $25.68M, up from 7.06M at the end of the previous reported quarter. Solus Alternative Asset Management Lp who had been investing in Scorpio Tankers Inc for a number of months, seems to be bullish on the $928.56M market cap company. The stock increased 1.45% or $0.04 during the last trading session, reaching $2.8. About 3.22M shares traded. Scorpio Tankers Inc. (NYSE:STNG) has declined 52.61% since May 18, 2017 and is downtrending. It has underperformed by 64.16% the S&P500.

Among 11 analysts covering Scorpio Tankers Inc. (NYSE:STNG), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Scorpio Tankers Inc. had 38 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 27. The stock of Scorpio Tankers Inc. (NYSE:STNG) has “Hold” rating given on Tuesday, November 15 by Deutsche Bank. The firm has “Buy” rating given on Tuesday, July 21 by Bank of America. The firm earned “Buy” rating on Monday, November 13 by UBS. Morgan Stanley upgraded the shares of STNG in report on Tuesday, February 14 to “Overweight” rating. The stock of Scorpio Tankers Inc. (NYSE:STNG) has “Buy” rating given on Monday, December 18 by Jefferies. Jefferies maintained the stock with “Buy” rating in Thursday, November 16 report. The rating was upgraded by Bank of America to “Buy” on Friday, May 12. Jefferies maintained Scorpio Tankers Inc. (NYSE:STNG) rating on Friday, May 26. Jefferies has “Buy” rating and $6 target. The firm has “Underperform” rating given on Tuesday, January 17 by Bank of America.

More important recent Scorpio Tankers Inc. (NYSE:STNG) news were published by: Globenewswire.com which released: “Scorpio Tankers Inc. Announces Commitments for New Loan Facilities” on May 01, 2018, also Hellenicshippingnews.com published article titled: “DNB Markets Upgrades Scorpio Tankers (NYSE:STNG) to Buy”, Globenewswire.com published: “Scorpio Tankers Announces Sale and Leaseback Agreements for Five Product Tankers” on May 17, 2018. More interesting news about Scorpio Tankers Inc. (NYSE:STNG) was released by: Globenewswire.com and their article: “Scorpio Tankers Inc. Announces Offer to Exchange Existing Convertible Notes” with publication date: May 10, 2018.

Since February 15, 2018, it had 2 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.

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. had 265 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, February 3 by Suntrust Robinson. The firm has “Buy” rating given on Wednesday, February 3 by Goldman Sachs. Robert W. Baird maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) on Tuesday, January 2 with “Hold” rating. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Hold” rating given on Wednesday, August 19 by Maxim Group. CLSA upgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) on Thursday, January 14 to “Buy” rating. The company was upgraded on Thursday, August 24 by Stephens. The stock has “Buy” rating by Maxim Group on Wednesday, February 7. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Sell” rating given on Wednesday, February 7 by UBS. The firm has “Hold” rating given on Monday, December 7 by Maxim Group. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Neutral” rating by UBS on Wednesday, July 26.

Check Capital Management Inc, which manages about $796.94M and $1.82B US Long portfolio, upped its stake in Express Scripts (NASDAQ:ESRX) by 724,888 shares to 764,888 shares, valued at $57.09M in 2017Q4, according to the filing.

Analysts await Chipotle Mexican Grill, Inc. (NYSE:CMG) to report earnings on July, 24. They expect $2.67 EPS, up 15.09% or $0.35 from last year’s $2.32 per share. CMG’s profit will be $74.21M for 41.07 P/E if the $2.67 EPS becomes a reality. After $2.13 actual EPS reported by Chipotle Mexican Grill, Inc. for the previous quarter, Wall Street now forecasts 25.35% EPS growth.

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

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