Windward Capital Management Co. CA lowered its position in Chipotle Mexican Grill Inc. (NYSE:CMG) by 10.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,421 shares of the company’s stock after selling 3,655 shares during the period. Chipotle Mexican Grill makes up 2.4% of Windward Capital Management Co. CA’s portfolio, making the stock its 18th largest position. Windward Capital Management Co. CA owned about 0.10% of Chipotle Mexican Grill worth $12,884,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in shares of Chipotle Mexican Grill by 96.9% in the first quarter. Envestnet Asset Management Inc. now owns 3,735 shares of the company’s stock worth $1,759,000 after buying an additional 1,838 shares during the period. Squarepoint Ops LLC increased its stake in shares of Chipotle Mexican Grill by 320.9% in the first quarter. Squarepoint Ops LLC now owns 3,637 shares of the company’s stock worth $1,713,000 after buying an additional 2,773 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Chipotle Mexican Grill by 61.1% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,263 shares of the company’s stock worth $1,539,000 after buying an additional 1,238 shares during the period. First American Trust FSB increased its stake in shares of Chipotle Mexican Grill by 108.0% in the second quarter. First American Trust FSB now owns 4,305 shares of the company’s stock worth $1,734,000 after buying an additional 2,235 shares during the period. Finally, Raymond James Trust N.A. increased its stake in shares of Chipotle Mexican Grill by 50.9% in the second quarter. Raymond James Trust N.A. now owns 881 shares of the company’s stock worth $354,000 after buying an additional 297 shares during the period. 99.89% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Chipotle Mexican Grill (NYSE:CMG)

Shares of Chipotle Mexican Grill Inc. (NYSE:CMG) traded up 1.1459% during midday trading on Wednesday, reaching $399.6375. 380,149 shares of the company’s stock traded hands. Chipotle Mexican Grill Inc. has a one year low of $352.96 and a one year high of $589.15. The stock’s 50-day moving average price is $395.85 and its 200 day moving average price is $410.94. The firm has a market capitalization of $11.57 billion, a PE ratio of 161.4045 and a beta of 0.60.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, October 25th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.59 by $1.32. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $13.71 million. Chipotle Mexican Grill had a net margin of 1.94% and a return on equity of 5.46%. Chipotle Mexican Grill’s revenue was down 14.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.59 EPS. On average, equities research analysts expect that Chipotle Mexican Grill Inc. will post $1.58 earnings per share for the current fiscal year.

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A number of analysts have recently weighed in on CMG shares. Jefferies Group reaffirmed a “sell” rating on shares of Chipotle Mexican Grill in a report on Friday, August 5th. Vetr raised shares of Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and set a $446.39 price target for the company in a report on Tuesday, August 9th. Morgan Stanley reaffirmed a “hold” rating and set a $405.00 price target on shares of Chipotle Mexican Grill in a report on Thursday, August 18th. Canaccord Genuity started coverage on shares of Chipotle Mexican Grill in a report on Monday, August 22nd. They set a “hold” rating and a $425.00 price target for the company. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $550.00 price target on shares of Chipotle Mexican Grill in a report on Thursday, September 1st. Nine equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating and twelve have given a buy rating to the stock. Chipotle Mexican Grill presently has a consensus rating of “Hold” and an average target price of $448.86.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Company operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany.

5 Day Chart for NYSE:CMG

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