Chipotle Mexican Grill, Inc. $CMG Shares Purchased by WINTON GROUP Ltd

Key Points

• WINTON GROUP Ltd boosted its stake in Chipotle by 269.6% in Q3, adding 277,090 shares to hold 379,886 shares worth about $14.89 million, making CMG ~0.6% of its portfolio and its 24th largest holding.
• Chipotle shares opened at $35.42 and were trading down about 4.4%, with a market cap of $46.13 billion, a PE ratio of 31.07 and a 12‑month range of $29.75–$58.42.
• Chipotle reported quarterly EPS of $0.25 (beat by $0.01) and revenue of $2.98 billion (up 4.9% YoY); analysts have a consensus rating of Moderate Buy with a $47.37 target price.

WINTON GROUP Ltd grew its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 269.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 379,886 shares of the restaurant operator's stock after acquiring an additional 277,090 shares during the period. Chipotle Mexican Grill comprises about 0.6% of WINTON GROUP Ltd's investment portfolio, making the stock its 24th biggest holding. WINTON GROUP Ltd's holdings in Chipotle Mexican Grill were worth $14,888,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Revolve Wealth Partners LLC boosted its stake in shares of Chipotle Mexican Grill by 4.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator's stock valued at $290,000 after buying an additional 214 shares during the last quarter. Trueblood Wealth Management LLC boosted its holdings in shares of Chipotle Mexican Grill by 4.6% in the 3rd quarter. Trueblood Wealth Management LLC now owns 5,703 shares of the restaurant operator's stock valued at $224,000 after buying an additional 253 shares during the period. Scotia Capital Inc. grew its position in shares of Chipotle Mexican Grill by 0.4% during the 2nd quarter. Scotia Capital Inc. now owns 76,358 shares of the restaurant operator's stock valued at $4,288,000 after buying an additional 269 shares during the last quarter. Lakeshore Capital Group Inc. raised its stake in Chipotle Mexican Grill by 1.9% during the third quarter. Lakeshore Capital Group Inc. now owns 14,632 shares of the restaurant operator's stock worth $573,000 after acquiring an additional 272 shares during the period. Finally, Pine Haven Investment Counsel Inc raised its stake in Chipotle Mexican Grill by 0.8% during the third quarter. Pine Haven Investment Counsel Inc now owns 37,391 shares of the restaurant operator's stock worth $1,465,000 after acquiring an additional 280 shares during the period. Institutional investors and hedge funds own 91.30% of the company's stock.

Chipotle Mexican Grill Trading Down 4.4%

CMG opened at $35.42 on Monday. The business's 50 day moving average is $38.37 and its 200-day moving average is $37.82. The stock has a market cap of $46.13 billion, a PE ratio of 31.07, a price-to-earnings-growth ratio of 2.18 and a beta of 1.00. Chipotle Mexican Grill, Inc. has a twelve month low of $29.75 and a twelve month high of $58.42.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 47.99% and a net margin of 12.88%.The business had revenue of $2.98 billion during the quarter, compared to analyst estimates of $2.96 billion. The business's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.25 EPS. As a group, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CMG shares. Wells Fargo & Company decreased their target price on Chipotle Mexican Grill from $50.00 to $45.00 and set an "overweight" rating for the company in a research note on Wednesday, February 4th. Argus reissued a "hold" rating on shares of Chipotle Mexican Grill in a report on Thursday, February 5th. Raymond James Financial boosted their price objective on Chipotle Mexican Grill from $40.00 to $45.00 and gave the company an "outperform" rating in a research report on Wednesday, January 21st. Evercore restated an "outperform" rating and set a $45.00 price objective on shares of Chipotle Mexican Grill in a research note on Friday, December 19th. Finally, TD Cowen reaffirmed a "buy" rating and issued a $44.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, February 4th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $47.37.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.

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