Shake Shack, Inc. $SHAK Stock Holdings Lifted by Van Berkom & Associates Inc.

Key Points

• Van Berkom & Associates raised its Shake Shack stake by 27.6% in the quarter to 923,347 shares (about $74.95M), making SHAK 2.2% of the fund's portfolio and its 26th-largest holding.
• Wall Street sentiment is broadly positive with a consensus rating of "Moderate Buy" and an average price target of $119.67, including recent upgrades such as Mizuho moving the stock to "outperform" with a $120 target.
• Shake Shack shares trade around $95.49 (market cap ~$4.08B) with a high P/E (~87.6); the company reported Q4 EPS of $0.37 (beat $0.35) and revenue up 21.8% year‑over‑year to $400.5M, narrowly missing revenue estimates.

Van Berkom & Associates Inc. lifted its holdings in Shake Shack, Inc. (NYSE:SHAK - Free Report) by 27.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 923,347 shares of the company's stock after buying an additional 199,687 shares during the quarter. Shake Shack makes up 2.2% of Van Berkom & Associates Inc.'s portfolio, making the stock its 26th biggest position. Van Berkom & Associates Inc. owned approximately 2.16% of Shake Shack worth $74,948,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SHAK. Geneos Wealth Management Inc. acquired a new stake in shares of Shake Shack in the 1st quarter worth about $26,000. Assetmark Inc. increased its holdings in shares of Shake Shack by 457.6% in the 4th quarter. Assetmark Inc. now owns 368 shares of the company's stock worth $30,000 after acquiring an additional 302 shares during the period. Global Retirement Partners LLC increased its holdings in shares of Shake Shack by 83.7% in the 3rd quarter. Global Retirement Partners LLC now owns 327 shares of the company's stock worth $31,000 after acquiring an additional 149 shares during the period. Murphy & Mullick Capital Management Corp increased its holdings in shares of Shake Shack by 68.5% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 418 shares of the company's stock worth $38,000 after acquiring an additional 170 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of Shake Shack in the 3rd quarter worth about $38,000. 86.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on SHAK shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Shake Shack in a report on Monday, April 20th. Mizuho raised shares of Shake Shack from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from $100.00 to $120.00 in a report on Friday, April 10th. JPMorgan Chase & Co. increased their price objective on shares of Shake Shack from $95.00 to $100.00 and gave the stock a "neutral" rating in a report on Friday, April 24th. Bank of America raised shares of Shake Shack from an "underperform" rating to a "neutral" rating and increased their price objective for the stock from $88.00 to $101.00 in a report on Tuesday, March 31st. Finally, Zacks Research raised shares of Shake Shack from a "strong sell" rating to a "hold" rating in a report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $119.67.

Shake Shack Stock Down 2.9%

Shake Shack stock opened at $95.49 on Tuesday. The stock has a market cap of $4.08 billion, a price-to-earnings ratio of 87.60, a PEG ratio of 3.84 and a beta of 1.78. The company has a current ratio of 1.76, a quick ratio of 1.73 and a debt-to-equity ratio of 0.45. The company's 50-day moving average price is $94.34 and its two-hundred day moving average price is $91.11. Shake Shack, Inc. has a 52 week low of $76.51 and a 52 week high of $144.65.

Shake Shack (NYSE:SHAK - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.35 by $0.02. The firm had revenue of $400.53 million for the quarter, compared to analysts' expectations of $402.06 million. Shake Shack had a net margin of 3.16% and a return on equity of 11.08%. Shake Shack's quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter last year, the company earned $0.26 EPS. On average, analysts expect that Shake Shack, Inc. will post 1.39 EPS for the current fiscal year.

Insider Buying and Selling

In other Shake Shack news, insider Stephanie Ann Sentell sold 258 shares of the firm's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $102.21, for a total transaction of $26,370.18. Following the transaction, the insider owned 15,084 shares of the company's stock, valued at approximately $1,541,735.64. This trade represents a 1.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 8.50% of the company's stock.

About Shake Shack

Shake Shack, Inc NYSE: SHAK is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.

Shake Shack traces its origins to a hot dog cart opened in New York City's Madison Square Park in 2001 by Danny Meyer's Union Square Hospitality Group.

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