Capitolis Liquid Global Markets LLC reduced its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 50.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,000 shares of the restaurant operator's stock after selling 100,000 shares during the period. 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 and other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth $371,000. Raymond James Financial Inc. acquired a new stake in Chipotle Mexican Grill in the fourth quarter valued at approximately $315,220,000. U.S. Capital Wealth Advisors LLC increased its holdings in shares of Chipotle Mexican Grill by 155.1% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator's stock valued at $900,000 after acquiring an additional 9,070 shares in the last quarter. Vinva Investment Management Ltd raised its position in shares of Chipotle Mexican Grill by 50.6% during the fourth quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator's stock worth $3,910,000 after purchasing an additional 21,864 shares during the period. Finally, Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in Chipotle Mexican Grill in the 4th quarter valued at $715,000. 91.31% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have recently commented on CMG. Loop Capital lowered their target price on shares of Chipotle Mexican Grill from $65.00 to $63.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Robert W. Baird decreased their target price on Chipotle Mexican Grill from $62.00 to $56.00 and set an "outperform" rating for the company in a research report on Thursday, April 24th. Sanford C. Bernstein restated an "outperform" rating and set a $70.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. UBS Group decreased their price objective on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Finally, JPMorgan Chase & Co. decreased their target price on Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. Nine analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Chipotle Mexican Grill has an average rating of "Moderate Buy" and a consensus price target of $61.74.
Check Out Our Latest Report on Chipotle Mexican Grill
Chipotle Mexican Grill Stock Down 3.0 %
Shares of CMG opened at $50.00 on Tuesday. The firm has a market capitalization of $67.37 billion, a PE ratio of 45.04, a P/E/G ratio of 2.04 and a beta of 1.11. Chipotle Mexican Grill, Inc. has a 52-week low of $44.46 and a 52-week high of $69.26. The firm has a 50-day moving average price of $49.88 and a 200 day moving average price of $55.90.
Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.98 billion. During the same period in the previous year, the firm posted $13.37 earnings per share. The firm's revenue was up 6.4% on a year-over-year basis. On average, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.
About Chipotle Mexican Grill
(
Free Report)
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.
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