Budros Ruhlin & Roe Inc. raised its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 0.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 502 shares of the restaurant operator’s stock after buying an additional 1 shares during the period. Budros Ruhlin & Roe Inc.’s holdings in Chipotle Mexican Grill were worth $209,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Chipotle Mexican Grill by 2.6% in the first quarter. Vanguard Group Inc. now owns 2,719,423 shares of the restaurant operator’s stock worth $1,211,558,000 after buying an additional 69,007 shares during the last quarter. BlackRock Inc. increased its stake in shares of Chipotle Mexican Grill by 3,309.6% in the first quarter. BlackRock Inc. now owns 2,424,479 shares of the restaurant operator’s stock worth $1,080,155,000 after buying an additional 2,353,372 shares during the last quarter. State Street Corp increased its stake in shares of Chipotle Mexican Grill by 3.7% in the first quarter. State Street Corp now owns 1,237,517 shares of the restaurant operator’s stock worth $551,348,000 after buying an additional 44,694 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Chipotle Mexican Grill by 59.8% in the second quarter. American Century Companies Inc. now owns 563,698 shares of the restaurant operator’s stock worth $234,555,000 after buying an additional 210,872 shares during the last quarter. Finally, Clearbridge Investments LLC increased its stake in shares of Chipotle Mexican Grill by 13.7% in the first quarter. Clearbridge Investments LLC now owns 359,366 shares of the restaurant operator’s stock worth $160,105,000 after buying an additional 43,396 shares during the last quarter. 90.32% of the stock is owned by institutional investors.

Chipotle Mexican Grill, Inc. (NYSE:CMG) traded up 0.29% during midday trading on Thursday, hitting $316.05. The stock had a trading volume of 274,681 shares. The firm has a 50-day moving average price of $346.84 and a 200-day moving average price of $419.75. The firm has a market capitalization of $9.01 billion, a price-to-earnings ratio of 67.94 and a beta of 0.62. Chipotle Mexican Grill, Inc. has a 1-year low of $296.00 and a 1-year high of $499.00.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, July 25th. The restaurant operator reported $2.32 EPS for the quarter, beating the Zacks’ consensus estimate of $2.16 by $0.16. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.19 billion. Chipotle Mexican Grill had a return on equity of 10.65% and a net margin of 3.17%. Chipotle Mexican Grill’s revenue was up 17.1% on a year-over-year basis. During the same period last year, the business posted $0.87 earnings per share. On average, equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post $7.61 earnings per share for the current year.

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CMG has been the subject of a number of research analyst reports. Mizuho reissued a “buy” rating and issued a $533.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, June 21st. Oppenheimer Holdings, Inc. reissued a “market perform” rating on shares of Chipotle Mexican Grill in a report on Wednesday, July 12th. Maxim Group reissued a “hold” rating and issued a $440.00 price target on shares of Chipotle Mexican Grill in a report on Tuesday, June 20th. Zacks Investment Research downgraded shares of Chipotle Mexican Grill from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, BTIG Research reissued a “neutral” rating on shares of Chipotle Mexican Grill in a report on Tuesday, June 20th. Five investment analysts have rated the stock with a sell rating, twenty-five have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Chipotle Mexican Grill has a consensus rating of “Hold” and an average target price of $402.27.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc (Chipotle), 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. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.

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

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