As Bhp Billiton LTD (BHP) Market Valuation Declined, Shareholder Voloridge Investment Management Has Decreased Its Stake by $4.19 Million; Marshfield Associates Has Increased Chipotle Mexican Grill Cl A (CMG) Position by $26.13 Million; Market Value Rose

January 15, 2018 - By Marguerite Chambers

Marshfield Associates increased its stake in Chipotle Mexican Grill Cl A (CMG) by 75.65% based on its latest 2017Q3 regulatory filing with the SEC. Marshfield Associates bought 85,101 shares as the company’s stock rose 13.42% with the market. The institutional investor held 197,591 shares of the consumer services company at the end of 2017Q3, valued at $60.82M, up from 112,490 at the end of the previous reported quarter. Marshfield Associates who had been investing in Chipotle Mexican Grill Cl A for a number of months, seems to be bullish on the $9.24B market cap company. 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 15, 2017 and is uptrending. It has underperformed by 9.08% the S&P500.

Voloridge Investment Management Llc decreased its stake in Bhp Billiton Ltd (BHP) by 24.7% based on its latest 2017Q3 regulatory filing with the SEC. Voloridge Investment Management Llc sold 104,627 shares as the company’s stock declined 8.86% while stock markets rallied. The institutional investor held 318,880 shares of the precious metals company at the end of 2017Q3, valued at $12.92M, down from 423,507 at the end of the previous reported quarter. Voloridge Investment Management Llc who had been investing in Bhp Billiton Ltd for a number of months, seems to be less bullish one the $136.49B market cap company. The stock increased 2.05% or $1.02 during the last trading session, reaching $50.69. About 3.85M shares traded or 66.99% up from the average. BHP Billiton Limited (NYSE:BHP) has risen 34.32% since January 15, 2017 and is uptrending. It has outperformed by 17.62% the S&P500.

Marshfield Associates, which manages about $1.89 billion and $1.51B US Long portfolio, decreased its stake in Fastenal Co (NASDAQ:FAST) by 20,643 shares to 1.57M shares, valued at $71.49 million in 2017Q3, according to the filing. It also reduced its holding in Mastercard Inc Class A (NYSE:MA) by 7,791 shares in the quarter, leaving it with 510,847 shares, and cut its stake in Deere & Co. (NYSE:DE).

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.40, from 1.09 in 2017Q2. It dived, 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. Royal Comml Bank Of Canada has invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Ing Groep Nv holds 0.02% or 2,793 shares in its portfolio. Glenmede Tru Communication Na has 0% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 1,361 shares. 262,867 were reported by Goldman Sachs Grp Inc. State Street, a Massachusetts-based fund reported 1.06 million shares. Perigon Wealth Mgmt Limited Liability Company invested in 0% or 2 shares. Ray Gerald L Associate owns 2,957 shares. Ameritas Invest Ptnrs, a Nebraska-based fund reported 662 shares. Stifel Finance Corporation holds 8,677 shares. Iconiq Cap Limited Liability Company invested 0.78% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Thrivent Financial For Lutherans holds 0.02% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 16,460 shares. American Grp Incorporated holds 8,641 shares or 0.01% of its portfolio. Ruane Cunniff Goldfarb Inc holds 0.41% or 152,944 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management holds 0.12% or 41,700 shares. Jw Asset Mgmt Lc reported 2.03% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG).

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. Mizuho maintained the stock with “Buy” rating in Wednesday, June 21 report. The company was maintained on Monday, December 7 by Credit Suisse. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Hold” rating by Canaccord Genuity on Thursday, September 28. The stock has “Hold” rating by Maxim Group on Tuesday, June 20. As per Monday, December 7, the company rating was maintained by Telsey Advisory Group. Buckingham Research initiated the stock with “Buy” rating in Thursday, June 16 report. The stock has “Hold” rating by Canaccord Genuity on Wednesday, October 25. SunTrust maintained the stock with “Buy” rating in Thursday, October 19 report. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Outperform” rating given on Tuesday, October 18 by RBC Capital Markets. The firm earned “Neutral” rating on Wednesday, October 25 by Robert W. Baird.

Voloridge Investment Management Llc, which manages about $1.43B and $4.48B US Long portfolio, upped its stake in Caesars Entmt Corp (NASDAQ:CZR) by 112,001 shares to 349,990 shares, valued at $4.67 million in 2017Q3, according to the filing. It also increased its holding in Seaworld Entmt Inc (NYSE:SEAS) by 188,383 shares in the quarter, for a total of 275,698 shares, and has risen its stake in Mks Instrument Inc (NASDAQ:MKSI).

Among 25 analysts covering BHP Billiton Limited (ADR) (NYSE:BHP), 9 have Buy rating, 5 Sell and 11 Hold. Therefore 36% are positive. BHP Billiton Limited (ADR) had 54 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of BHP Billiton Limited (NYSE:BHP) has “Sector Perform” rating given on Wednesday, August 26 by RBC Capital Markets. The rating was maintained by JP Morgan with “Neutral” on Tuesday, August 4. Cowen & Co maintained it with “Hold” rating and $4000 target in Thursday, July 13 report. As per Wednesday, October 7, the company rating was upgraded by Morgan Stanley. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, July 5 report. The stock has “Underweight” rating by Barclays Capital on Tuesday, January 12. The company was upgraded on Friday, March 17 by Investec. Cowen & Co maintained the shares of BHP in report on Wednesday, January 27 with “Market Perform” rating. The rating was initiated by RBC Capital Markets with “Sector Perform” on Tuesday, February 9. The rating was upgraded by Jefferies to “Buy” on Monday, September 14.

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