Teachers Retirement System of The State of Kentucky held its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,100 shares of the restaurant operator’s stock at the close of the second quarter. Teachers Retirement System of The State of Kentucky’s holdings in Chipotle Mexican Grill were worth $1,290,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. FNY Managed Accounts LLC bought a new stake in Chipotle Mexican Grill in the 1st quarter valued at $107,000. Korea Investment CORP boosted its stake in Chipotle Mexican Grill by 140.2% in the 2nd quarter. Korea Investment CORP now owns 269 shares of the restaurant operator’s stock valued at $112,000 after purchasing an additional 157 shares during the period. Harbour Capital Advisors LLC bought a new stake in Chipotle Mexican Grill in the 1st quarter valued at $121,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its stake in Chipotle Mexican Grill by 15.7% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 406 shares of the restaurant operator’s stock valued at $140,000 after purchasing an additional 55 shares during the period. Finally, OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in 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 valued at $164,000 after purchasing an additional 169 shares during the period. Institutional investors own 90.08% of the company’s stock.

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Several analysts recently issued reports on the company. BidaskClub downgraded Chipotle Mexican Grill from a “hold” rating to a “sell” rating in a research note on Tuesday, June 20th. Instinet restated a “neutral” rating and issued a $480.00 price target (down from $510.00) on shares of Chipotle Mexican Grill in a research note on Tuesday, June 20th. Nomura reduced their price target on Chipotle Mexican Grill from $510.00 to $480.00 in a research note on Tuesday, June 20th. Credit Suisse Group restated a “neutral” rating on shares of Chipotle Mexican Grill in a research note on Tuesday, June 20th. Finally, BTIG Research restated a “neutral” rating on shares of Chipotle Mexican Grill in a research note on Tuesday, June 20th. Seven research analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $395.25.

Chipotle Mexican Grill, Inc. (NYSE CMG) opened at 307.64 on Friday. The stock’s 50 day moving average price is $310.09 and its 200-day moving average price is $398.56. The firm has a market cap of $8.77 billion, a PE ratio of 66.13 and a beta of 0.60. Chipotle Mexican Grill, Inc. has a 12-month low of $295.11 and a 12-month high of $499.00.

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

Chipotle Mexican Grill Profile

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.

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

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