Huber Capital Management Cut Microsoft (MSFT) Holding by $8.04 Million; Chipotle Mexican Grill (CMG) Position Has Boosted by Hhr Asset Management Llc

February 20, 2018 - By Richard Conner

Joe Huber decreased its stake in Microsoft Corp (MSFT) by 16.55% based on its latest 2017Q3 regulatory filing with the SEC. Huber Capital Management Llc sold 108,600 shares as the company’s stock rose 4.75% with the market. The hedge fund run by Joe Huber held 547,408 shares of the prepackaged software company at the end of 2017Q3, valued at $40.78M, down from 656,008 at the end of the previous reported quarter. Huber Capital Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $708.38 billion market cap company. The stock decreased 0.71% or $0.66 during the last trading session, reaching $92. About 30.60 million shares traded or 7.48% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 20, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Hhr Asset Management Llc increased its stake in Chipotle Mexican Grill Inc (CMG) by 35% based on its latest 2017Q3 regulatory filing with the SEC. Hhr Asset Management Llc bought 64,820 shares as the company’s stock rose 13.42% with the market. The hedge fund held 250,017 shares of the consumer services company at the end of 2017Q3, valued at $76.96 million, up from 185,197 at the end of the previous reported quarter. Hhr Asset Management Llc who had been investing in Chipotle Mexican Grill Inc for a number of months, seems to be bullish on the $8.54 billion market cap company. The stock increased 6.62% or $18.98 during the last trading session, reaching $305.63. About 2.74 million shares traded or 104.56% up from the average. Chipotle Mexican Grill, Inc. (NYSE:CMG) has risen 7.62% since February 20, 2017 and is uptrending. It has underperformed by 9.08% the S&P500.

Huber Capital Management Llc, which manages about $3.94 billion and $1.82B US Long portfolio, upped its stake in Enova Intl Inc by 217,039 shares to 1.05 million shares, valued at $14.11 million in 2017Q3, according to the filing. It also increased its holding in Ensco Plc (NYSE:ESV) by 1.13M shares in the quarter, for a total of 3.99 million shares, and has risen its stake in Innospec Inc (NASDAQ:IOSP).

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 40 investors sold MSFT shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported. Hallmark Capital Management, New Jersey-based fund reported 286,321 shares. 50,906 were accumulated by Compton Cap Ri. Cornerstone Invest Limited Liability Co holds 1.29 million shares. Castleark Management Ltd Liability Corporation holds 1.65% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 705,922 shares. Schafer Cullen Cap Management accumulated 2.13 million shares. 45,238 are owned by Rodgers Brothers. Zurcher Kantonalbank (Zurich Cantonalbank) reported 3.02M shares stake. Saturna Cap stated it has 738,704 shares or 1.79% of all its holdings. Stadion Money Ltd Liability Corporation stated it has 0.06% in Microsoft Corporation (NASDAQ:MSFT). Comerica State Bank stated it has 1.38% in Microsoft Corporation (NASDAQ:MSFT). Montgomery Investment Mngmt holds 20,137 shares or 0.67% of its portfolio. Huber Cap Mngmt Limited Liability owns 547,408 shares or 2.24% of their US portfolio. Boston Family Office Llc has 0.94% invested in Microsoft Corporation (NASDAQ:MSFT) for 111,349 shares. U S Glob Investors reported 8,400 shares. Vident Inv Advisory Ltd Co, Georgia-based fund reported 16,848 shares.

Since August 29, 2017, it had 0 insider buys, and 2 insider sales for $5.98 million activity. COURTOIS JEAN PHILIPPE also sold $1.98M worth of Microsoft Corporation (NASDAQ:MSFT) on Wednesday, August 30.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 167 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, July 20 by Wunderlich. As per Friday, October 23, the company rating was upgraded by Bank of America. On Friday, October 27 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Piper Jaffray on Wednesday, January 3. The rating was maintained by Nomura with “Buy” on Friday, October 21. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Market Perform” rating given on Tuesday, July 19 by William Blair. The firm has “Hold” rating given on Wednesday, July 22 by Wunderlich. The rating was maintained by Citigroup with “Sell” on Friday, October 27. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, October 27 report. Wunderlich upgraded it to “Buy” rating and $70 target in Friday, October 21 report.

Since February 15, 2018, it had 1 buy, and 0 insider sales for $145,440 activity.

Hhr Asset Management Llc, which manages about $2.77B and $1.92B US Long portfolio, decreased its stake in Baidu Inc (NASDAQ:BIDU) by 113,430 shares to 334,168 shares, valued at $82.77M in 2017Q3, according to the filing. It also reduced its holding in Realogy Hldgs Corp (NYSE:RLGY) by 87,000 shares in the quarter, leaving it with 856,986 shares, and cut its stake in Liberty Global Plc.

Among 44 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 10 have Buy rating, 6 Sell and 28 Hold. Therefore 23% are positive. Chipotle Mexican Grill Inc. had 236 analyst reports since July 22, 2015 according to SRatingsIntel. Canaccord Genuity maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) on Wednesday, October 25 with “Hold” rating. The rating was downgraded by Maxim Group on Wednesday, March 16 to “Sell”. The rating was maintained by Piper Jaffray on Tuesday, June 20 with “Buy”. Deutsche Bank maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) rating on Friday, December 4. Deutsche Bank has “Hold” rating and $525 target. As per Wednesday, November 4, the company rating was maintained by Maxim Group. As per Tuesday, June 20, the company rating was maintained by Canaccord Genuity. On Tuesday, January 23 the stock rating was maintained by Credit Suisse with “Hold”. The stock has “Sell” rating by Raymond James on Wednesday, November 29. The firm earned “Outperform” rating on Thursday, January 7 by Credit Suisse. On Monday, December 7 the stock rating was maintained by Telsey Advisory Group with “Outperform”.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.40, from 1.09 in 2017Q2. It worsened, 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. Glenmede Co Na accumulated 1,361 shares. Kbc Group Nv reported 3,037 shares stake. Clearbridge Ltd Liability invested 0.19% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Northern Trust stated it has 303,741 shares. Ftb Advsr Inc stated it has 36 shares or 0% of all its holdings. Sii Invs Wi holds 0.02% in Chipotle Mexican Grill, Inc. (NYSE:CMG) or 1,416 shares. Moreover, Vanguard Group Incorporated has 0.04% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). Davenport Commerce Lc has invested 0% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). Ameriprise Fincl Incorporated accumulated 0% or 14,187 shares. 22,897 were accumulated by Creative Planning. Art Advsr Ltd stated it has 0.43% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). Bessemer Gru reported 86 shares. Amica Pension Fund Board Of Trustees has invested 0.04% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). First Interstate Bancshares holds 475 shares or 0.03% of its portfolio. Tokio Marine Asset Mngmt holds 0.21% in Chipotle Mexican Grill, Inc. (NYSE:CMG) or 4,491 shares.

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