IHT Wealth Management LLC maintained its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 30 shares of the restaurant operator’s stock at the end of the second quarter. IHT Wealth Management LLC’s holdings in Chipotle Mexican Grill were worth $521,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Simmons Bank raised its position in shares of Chipotle Mexican Grill by 1.1% during the second quarter. Simmons Bank now owns 1,257 shares of the restaurant operator’s stock worth $523,000 after acquiring an additional 14 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Chipotle Mexican Grill during the second quarter worth about $11,235,000. Cubist Systematic Strategies LLC raised its position in shares of Chipotle Mexican Grill by 36.9% during the second quarter. Cubist Systematic Strategies LLC now owns 17,032 shares of the restaurant operator’s stock worth $7,087,000 after acquiring an additional 4,588 shares during the last quarter. Sciencast Management LP bought a new position in shares of Chipotle Mexican Grill during the second quarter worth about $346,000. Finally, Symmetry Peak Management LLC bought a new position in shares of Chipotle Mexican Grill during the second quarter worth about $312,000. Institutional investors own 90.04% of the company’s stock.

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A number of equities analysts have recently issued reports on the company. UBS AG lowered their price objective on Chipotle Mexican Grill from $460.00 to $445.00 and set a “neutral” rating for the company in a research report on Tuesday, June 27th. Jefferies Group LLC restated a “hold” rating and set a $350.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, October 3rd. Robert W. Baird restated a “hold” rating and set a $340.00 price objective (down from $385.00) on shares of Chipotle Mexican Grill in a research report on Tuesday, October 3rd. Canaccord Genuity restated a “hold” rating and set a $440.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, June 20th. Finally, BTIG Research restated a “neutral” rating on shares of Chipotle Mexican Grill in a research report on Tuesday, October 3rd. Seven analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $395.25.

Chipotle Mexican Grill, Inc. (NYSE:CMG) traded down 0.364% during mid-day trading on Monday, hitting $306.521. The company had a trading volume of 291,849 shares. Chipotle Mexican Grill, Inc. has a 52 week low of $295.11 and a 52 week high of $499.00. The firm’s 50 day moving average is $310.09 and its 200 day moving average is $398.56. The company has a market capitalization of $8.74 billion, a price-to-earnings ratio of 65.890 and a beta of 0.60.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, July 25th. The restaurant operator reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.16. The business had revenue of $1.17 billion for 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%. The business’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 earnings per share. On average, equities research analysts predict that Chipotle Mexican Grill, Inc. will post $7.52 EPS for the current year.

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.

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

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