Putnam Investments Upped Chipotle Mexican Grill (CMG) Holding; Dana Holding Has 1.03 Sentiment

January 17, 2018 - By Kurt Siggers

Dana Incorporated manufactures and sells driveline, sealing, and thermal-management products for vehicle manufacturers in North America, Europe, South America, and the Asia Pacific. The company has market cap of $5.01 billion. The firm operates in four divisions: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Driveline Technologies, and Power Technologies. It has a 7.24 P/E ratio. The Light Vehicle Driveline Technologies segment offers front axles, rear axles, driveshafts/propshafts, differentials, torque couplings, and modular assemblies for use in light trucks, sport utility vehicles, crossover utility vehicles, vans, and passenger cars.

Putnam Investments Llc increased Chipotle Mexican Grill Inc (CMG) stake by 1131.7% reported in 2017Q3 SEC filing. Putnam Investments Llc acquired 6,247 shares as Chipotle Mexican Grill Inc (CMG)’s stock rose 13.42%. The Putnam Investments Llc holds 6,799 shares with $2.09M value, up from 552 last quarter. Chipotle Mexican Grill Inc now has $9.45 billion valuation. The stock increased 2.22% or $7.26 during the last trading session, reaching $334.63. About 974,148 shares traded. Chipotle Mexican Grill, Inc. (NYSE:CMG) has risen 7.62% since January 17, 2017 and is uptrending. It has underperformed by 9.08% the S&P500.

The stock increased 1.83% or $0.62 during the last trading session, reaching $34.55. About 1.08M shares traded. Dana Incorporated (DAN) has risen 70.12% since January 17, 2017 and is uptrending. It has outperformed by 53.42% the S&P500.

Ratings analysis reveals 67% of Dana Inc’s analysts are positive. Out of 3 Wall Street analysts rating Dana Inc, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $17.0 while the high is $24.0. The stock’s average target of $20.33 is -41.16% below today’s ($34.55) share price. DAN was included in 3 notes of analysts from November 10, 2016. Deutsche Bank upgraded the shares of DAN in report on Thursday, December 1 to “Buy” rating. The stock of Dana Incorporated (NYSE:DAN) has “Mkt Perform” rating given on Thursday, November 10 by FBR Capital. RBC Capital Markets upgraded the shares of DAN in report on Tuesday, December 20 to “Outperform” rating.

Analysts await Dana Incorporated (NYSE:DAN) to report earnings on February, 8. They expect $0.54 earnings per share, down 8.47% or $0.05 from last year’s $0.59 per share. DAN’s profit will be $78.23 million for 16.00 P/E if the $0.54 EPS becomes a reality. After $0.59 actual earnings per share reported by Dana Incorporated for the previous quarter, Wall Street now forecasts -8.47% negative EPS growth.

Weber Alan W holds 6.87% of its portfolio in Dana Incorporated for 522,993 shares. Anchor Bolt Capital Lp owns 2.67 million shares or 3.05% of their US portfolio. Moreover, Origin Asset Management Llp has 1.71% invested in the company for 993,800 shares. The North Carolina-based Wedge Capital Management L L P Nc has invested 1.47% in the stock. Adirondack Research & Management Inc., a New York-based fund reported 90,704 shares.

Putnam Investments Llc decreased Novellus Systems Inc stake by 218,000 shares to 3.74M valued at $20.52 million in 2017Q3. It also reduced Ferro Corp (NYSE:FOE) stake by 118,969 shares and now owns 190,989 shares. Philip Morris International (NYSE:PM) was reduced too.

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 211 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, July 26, the company rating was upgraded by Jefferies. Deutsche Bank maintained it with “Sell” rating and $340 target in Monday, June 13 report. Suntrust Robinson maintained the stock with “Buy” rating in Monday, December 7 report. Wedbush maintained the stock with “Neutral” rating in Wednesday, October 21 report. As per Tuesday, January 17, the company rating was downgraded by JP Morgan. Maxim Group maintained the stock with “Sell” rating in Wednesday, April 27 report. On Friday, December 11 the stock rating was downgraded by Argus Research to “Hold”. The rating was downgraded by Maxim Group on Wednesday, March 16 to “Sell”. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Hold” rating given on Monday, November 23 by Maxim Group. The firm has “Hold” rating by Wedbush given on Monday, June 5.

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