Capitolis Liquid Global Markets LLC Sells 100,000 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Capitolis Liquid Global Markets LLC cut its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 50.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,000 shares of the restaurant operator's stock after selling 100,000 shares during the quarter. Capitolis Liquid Global Markets LLC's holdings in Chipotle Mexican Grill were worth $6,030,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Ethos Financial Group LLC acquired a new position in Chipotle Mexican Grill in the 4th quarter valued at about $31,000. Sound Income Strategies LLC boosted its holdings in Chipotle Mexican Grill by 1,110.0% during the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock worth $36,000 after buying an additional 555 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in Chipotle Mexican Grill during the fourth quarter worth about $38,000. Financial Life Planners purchased a new position in Chipotle Mexican Grill in the fourth quarter valued at about $45,000. Finally, Oakworth Capital Inc. acquired a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at approximately $50,000. Institutional investors and hedge funds own 91.31% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Stephens restated an "equal weight" rating and issued a $49.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday. Cfra upgraded shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and increased their price objective for the stock from $59.00 to $73.00 in a report on Wednesday, February 5th. UBS Group dropped their price target on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Loop Capital decreased their target price on Chipotle Mexican Grill from $65.00 to $63.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Finally, Truist Financial cut their price objective on shares of Chipotle Mexican Grill from $74.00 to $61.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Nine research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $61.74.

Chipotle Mexican Grill Stock Down 3.3 %

NYSE:CMG traded down $1.68 on Friday, reaching $49.77. The stock had a trading volume of 16,053,658 shares, compared to its average volume of 13,510,594. The company has a market capitalization of $67.06 billion, a P/E ratio of 44.83, a price-to-earnings-growth ratio of 2.04 and a beta of 1.11. Chipotle Mexican Grill, Inc. has a 1-year low of $44.46 and a 1-year high of $69.26. The stock has a fifty day moving average price of $49.67 and a 200-day moving average price of $55.69.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. The company had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.98 billion. During the same period last year, the firm earned $13.37 EPS. The business's revenue for the quarter was up 6.4% on a year-over-year basis. Sell-side analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Chipotle Mexican Grill Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.