Symmetry Peak Management LLC purchased a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 750 shares of the restaurant operator’s stock, valued at approximately $312,000.

Other institutional investors have also modified their holdings of the company. FNY Managed Accounts LLC bought a new position in shares of Chipotle Mexican Grill in the 1st quarter worth about $107,000. Korea Investment CORP increased its stake in shares of Chipotle Mexican Grill by 140.2% in the 2nd quarter. Korea Investment CORP now owns 269 shares of the restaurant operator’s stock worth $112,000 after acquiring an additional 157 shares in the last quarter. Harbour Capital Advisors LLC bought a new position in shares of Chipotle Mexican Grill in the 1st quarter worth about $121,000. OLD Mutual Customised Solutions Proprietary Ltd. increased its stake in shares of Chipotle Mexican Grill by 84.5% in the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 369 shares of the restaurant operator’s stock worth $164,000 after acquiring an additional 169 shares in the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of Chipotle Mexican Grill by 6.7% in the 1st quarter. Van ECK Associates Corp now owns 398 shares of the restaurant operator’s stock worth $177,000 after acquiring an additional 25 shares in the last quarter. Institutional investors own 90.08% of the company’s stock.

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Chipotle Mexican Grill, Inc. (NYSE:CMG) traded down 1.70% during midday trading on Friday, hitting $305.07. 478,736 shares of the stock traded hands. Chipotle Mexican Grill, Inc. has a 12 month low of $295.11 and a 12 month high of $499.00. The company’s 50 day moving average price is $310.38 and its 200 day moving average price is $399.20. The firm has a market cap of $8.70 billion, a PE ratio of 65.58 and a beta of 0.60.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, July 25th. The restaurant operator reported $2.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.16 by $0.16. Chipotle Mexican Grill had a return on equity of 10.65% and a net margin of 3.17%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the firm posted $0.87 EPS. The business’s quarterly revenue was up 17.1% compared to the same quarter last year. Equities research analysts predict that Chipotle Mexican Grill, Inc. will post $7.52 earnings per share for the current fiscal year.

Several brokerages recently issued reports on CMG. UBS AG decreased their price target on shares of Chipotle Mexican Grill from $460.00 to $445.00 and set a “neutral” rating for the company in a research note on Tuesday, June 27th. Jefferies Group LLC reiterated a “hold” rating and issued a $350.00 price target on shares of Chipotle Mexican Grill in a research note on Tuesday. Robert W. Baird reiterated a “hold” rating and issued a $340.00 price target (down from $385.00) on shares of Chipotle Mexican Grill in a research note on Tuesday. Canaccord Genuity reiterated a “hold” rating and issued a $440.00 price target on shares of Chipotle Mexican Grill in a research note on Tuesday, June 20th. Finally, BTIG Research reissued a “neutral” rating on shares of Chipotle Mexican Grill in a research report on Tuesday. Seven research analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Chipotle Mexican Grill presently has a consensus rating of “Hold” and an average target price of $395.25.

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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