Highline Capital Management Trimmed Its Intercontinental Exchange In (ICE) Position; Franklin Resources Has Lowered Chipotle Mexican Grill (CMG) Holding By $382,522

January 14, 2018 - By Darrin Black

Highline Capital Management Llc decreased Intercontinental Exchange In (ICE) stake by 4.65% reported in 2017Q3 SEC filing. Highline Capital Management Llc sold 121,000 shares as Intercontinental Exchange In (ICE)’s stock rose 1.58%. The Highline Capital Management Llc holds 2.48M shares with $170.45M value, down from 2.60M last quarter. Intercontinental Exchange In now has $43.75 billion valuation. The stock increased 0.54% or $0.4 during the last trading session, reaching $74.78. About 1.70M shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 13.80% since January 14, 2017 and is uptrending. It has underperformed by 2.90% the S&P500.

Franklin Resources Inc decreased Chipotle Mexican Grill Inc (CMG) stake by 6.35% reported in 2017Q3 SEC filing. Franklin Resources Inc sold 1,246 shares as Chipotle Mexican Grill Inc (CMG)’s stock rose 13.42%. The Franklin Resources Inc holds 18,369 shares with $5.66M value, down from 19,615 last quarter. Chipotle Mexican Grill Inc now has $9.24 billion valuation. The stock increased 0.57% or $1.84 during the last trading session, reaching $327.34. About 675,908 shares traded. Chipotle Mexican Grill, Inc. (NYSE:CMG) has risen 7.62% since January 14, 2017 and is uptrending. It has underperformed by 9.08% the S&P500.

Analysts await Intercontinental Exchange, Inc. (NYSE:ICE) to report earnings on February, 6. They expect $0.73 EPS, up 2.82% or $0.02 from last year’s $0.71 per share. ICE’s profit will be $427.07M for 25.61 P/E if the $0.73 EPS becomes a reality. After $0.72 actual EPS reported by Intercontinental Exchange, Inc. for the previous quarter, Wall Street now forecasts 1.39% EPS growth.

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.02, from 1.07 in 2017Q2. It worsened, as 32 investors sold ICE shares while 233 reduced holdings. 82 funds opened positions while 197 raised stakes. 501.06 million shares or 0.97% less from 505.99 million shares in 2017Q2 were reported. Moreover, Huntington Financial Bank has 0.01% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 4,476 shares. 26,552 are owned by Commerce Bank & Trust. M&R holds 0.01% in Intercontinental Exchange, Inc. (NYSE:ICE) or 700 shares. 745,743 are owned by Citigroup. Indiana And Inv holds 0.29% or 8,875 shares in its portfolio. Cetera Advsrs Lc reported 3,835 shares. Aqr Cap Management Limited Liability Company owns 683,197 shares or 0.06% of their US portfolio. Kelly Lawrence W Ca holds 249,330 shares. Stock Yards Bancorporation has invested 1.56% in Intercontinental Exchange, Inc. (NYSE:ICE). United Capital Financial Advisers Lc, a California-based fund reported 30,896 shares. Guinness Asset Mngmt Ltd has 0.84% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 58,500 shares. Schmidt P J Investment Mngmt invested in 11,213 shares. Moreover, Massachusetts Financial Services Ma has 0.12% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 4.16 million shares. Cornerstone Mgmt Holdg Limited invested in 124,139 shares or 0.07% of the stock. Cibc Comml Bank Usa invested in 3,560 shares.

Among 16 analysts covering Intercontinental Exchange (NYSE:ICE), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Intercontinental Exchange had 60 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Tuesday, January 5. Wood maintained Intercontinental Exchange, Inc. (NYSE:ICE) rating on Thursday, April 13. Wood has “Buy” rating and $65.50 target. The stock has “Buy” rating by Wood on Friday, March 24. RBC Capital Markets maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Tuesday, June 6 with “Hold” rating. RBC Capital Markets maintained Intercontinental Exchange, Inc. (NYSE:ICE) rating on Monday, July 10. RBC Capital Markets has “Hold” rating and $6500 target. Buckingham Research initiated Intercontinental Exchange, Inc. (NYSE:ICE) rating on Thursday, May 19. Buckingham Research has “Buy” rating and $300 target. The rating was reinitiated by Barclays Capital with “Overweight” on Tuesday, December 15. The firm has “Overweight” rating by Barclays Capital given on Thursday, August 4. Deutsche Bank maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Thursday, August 4 with “Buy” rating. The firm has “Buy” rating by Jefferies given on Monday, July 17.

Franklin Resources Inc increased Genuine Parts Co (NYSE:GPC) stake by 5,499 shares to 12,451 valued at $1.19M in 2017Q3. It also upped Oil Sts Intl Inc (NYSE:OIS) stake by 896,700 shares and now owns 3.13 million shares. Capital One Finl Corp (NYSE:COF) was raised too.

Analysts await Chipotle Mexican Grill, Inc. (NYSE:CMG) to report earnings on February, 1. They expect $1.37 earnings per share, up 149.09% or $0.82 from last year’s $0.55 per share. CMG’s profit will be $38.68 million for 59.73 P/E if the $1.37 EPS becomes a reality. After $1.33 actual earnings per share reported by Chipotle Mexican Grill, Inc. for the previous quarter, Wall Street now forecasts 3.01% EPS growth.

Among 44 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 11 have Buy rating, 5 Sell and 28 Hold. Therefore 25% are positive. Chipotle Mexican Grill Inc. had 210 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 19 by SunTrust. The stock has “Hold” rating by Oppenheimer on Tuesday, July 11. On Wednesday, July 19 the stock rating was maintained by Credit Suisse with “Hold”. The rating was maintained by Jefferies on Wednesday, February 3 with “Hold”. As per Monday, December 7, the company rating was maintained by Bernstein. Raymond James downgraded the stock to “Underperform” rating in Tuesday, October 18 report. Cowen & Co maintained the shares of CMG in report on Friday, October 6 with “Sell” rating. As per Tuesday, October 18, the company rating was maintained by RBC Capital Markets. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Sell” rating by Raymond James on Saturday, July 22. The firm has “Outperform” rating given on Wednesday, October 14 by RBC Capital Markets.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.40, from 1.09 in 2017Q2. It turned negative, as 95 investors sold CMG shares while 157 reduced holdings. 43 funds opened positions while 132 raised stakes. 24.58 million shares or 1.73% less from 25.02 million shares in 2017Q2 were reported. Eaton Vance Mgmt has invested 0.1% in Chipotle Mexican Grill, Inc. (NYSE:CMG). 475 were reported by First Interstate Savings Bank. Boston Common Asset Mngmt has 8,909 shares. Maple Mngmt, a Vermont-based fund reported 15,655 shares. Sit Investment owns 3,842 shares or 0.03% of their US portfolio. Magellan Asset Mgmt accumulated 57 shares. Fjarde Ap holds 0.03% or 5,721 shares in its portfolio. Renaissance Techs Limited Liability Corporation holds 0.18% in Chipotle Mexican Grill, Inc. (NYSE:CMG) or 507,200 shares. Archon Cap Management Limited Liability Corporation holds 4.21% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 25,450 shares. Alexandria Capital Ltd reported 0% stake. Cim Invest Mangement Incorporated owns 1,152 shares or 0.13% of their US portfolio. 2,793 are owned by Ing Groep Nv. Sumitomo Mitsui Asset Limited has invested 0.03% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Andra Ap invested in 0.04% or 4,900 shares. Ruane Cunniff & Goldfarb owns 152,944 shares for 0.41% of their portfolio.

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