Traders See Bearish Options Activity Chipotle Mexican Grill, Inc.

 Traders See Bearish Options Activity Chipotle Mexican Grill, Inc.

In today’s session Chipotle Mexican Grill, Inc. (CMG) recorded an unusually high (129) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious CMG decrease. With 129 contracts traded and 6214 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: CMG170120P00420000 closed last at: $35.4 or 8.9% up. About 655,541 shares traded hands. Chipotle Mexican Grill, Inc. (NYSE:CMG) has declined 21.60% since March 15, 2016 and is downtrending. It has underperformed by 27.09% the S&P500.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Ratings Coverage

Out of 37 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 13 rate it a “Buy”, 6 “Sell”, while 18 “Hold”. This means 35% are positive. Chipotle Mexican Grill Inc. has been the topic of 111 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The rating was maintained by Maxim Group on Wednesday, October 12 with “Sell”. The rating was maintained by Credit Suisse on Monday, March 7 with “Outperform”. The firm has “Neutral” rating by Guggenheim given on Monday, December 7. The rating was downgraded by Telsey Advisory Group on Wednesday, January 6 to “Market Perform”. UBS maintained it with “Neutral” rating and $450 target price in Wednesday, April 27 report. CLSA upgraded the shares of CMG in a report on Tuesday, July 19 to “Outperform” rating. Maxim Group maintained the shares of CMG in a report on Monday, January 4 with “Hold” rating. On Thursday, April 28 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. Telsey Advisory Group initiated Chipotle Mexican Grill, Inc. (NYSE:CMG) on Tuesday, September 29 with “Market Perform” rating. The rating was maintained by Suntrust Robinson on Wednesday, February 3 with “Buy”.

According to Zacks Investment Research, “Chipotle offers a focused menu of burritos, tacos, burrito bols and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. Through its vision of Food with Integrity, Chipotle is seeking better food not only from a variety of fresh ingredients, but ingredients that are sustainably grown and naturally raised with respect for the animals, the land, and the farmers who produce the food.”

Insitutional Activity: The institutional sentiment decreased to 1.01 in Q2 2016. Its down 0.21, from 1.22 in 2016Q1. The ratio dived, as 50 funds sold all Chipotle Mexican Grill, Inc. shares owned while 178 reduced positions. 57 funds bought stakes while 173 increased positions. They now own 27.25 million shares or 11.13% less from 30.66 million shares in 2016Q1.
Tiaa Cref Inv Management Ltd Liability Com has 428,415 shares for 0.13% of their US portfolio. Tybourne Management Hk accumulated 595,325 shares or 12.45% of the stock. Pittenger And Anderson last reported 0.01% of its portfolio in the stock. Gemmer Asset Lc, a California-based fund reported 21 shares. Reliance Tru Co Of Delaware, a Delaware-based fund reported 681 shares. Teachers Advsrs holds 0.1% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 145,461 shares. The Texas-based Adell Harriman & Carpenter Inc has invested 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Glob X Management Ltd Company holds 327 shares or 0.01% of its portfolio. Nordea Invest Mngmt accumulated 18,724 shares or 0.02% of the stock. Birinyi Assocs last reported 4,600 shares in the company. Brown Brothers Harriman has 59 shares for 0% of their US portfolio. The Illinois-based Balyasny Asset Mngmt Ltd Liability Corp has invested 0.07% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Pub Sector Pension Invest Board accumulated 8,061 shares or 0.04% of the stock. Moreover, D Scott Neal has 0.07% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 200 shares. Stifel Fincl last reported 2,180 shares in the company.

Insider Transactions: Since May 31, 2016, the stock had 0 insider buys, and 1 insider sale for $9.25 million net activity. $9.25M worth of shares were sold by Ells Steve on Tuesday, May 31.

Chipotle Mexican Grill, Inc., together with its subsidiaries operates Chipotle Mexican Grill restaurants. The company has a market cap of $11.20 billion. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls and salads. It has a 58.42 P/E ratio. The Firm operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany.

CMG Company Profile

Chipotle Mexican Grill, Inc., incorporated on January 30, 1998, together with its subsidiaries operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Firm operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany. The Company’s restaurants include over 10 ShopHouse Southeast Asian Kitchen restaurants, serving Asian-inspired cuisine. The Firm owned and operated approximately three Pizzeria Locale restaurants, a fast casual pizza concept, resulting in a totaling of approximately 2,010 restaurants. The Firm sells gift cards which do not have an expiration date.

More important recent Chipotle Mexican Grill, Inc. (NYSE:CMG) news were published by: Investorplace.com which released: “Chipotle Mexican Grill, Inc. (CMG) Stock Can Create Income for Free” on October 12, 2016, also Fool.com published article titled: “Better Buy: Chipotle Mexican Grill, Inc. vs. Panera”, Nasdaq.com published: “Chipotle Mexican Grill, Inc. to Roll Out Chorizo Nationwide Starting Oct. 4” on October 03, 2016. More interesting news about Chipotle Mexican Grill, Inc. (NYSE:CMG) was released by: Seekingalpha.com and their article: “Teens Love Chipotle And So Should Investors” with publication date: October 17, 2016.

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