Nomura Holdings Inc. acquired a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,955 shares of the restaurant operator’s stock, valued at approximately $1,245,000.

Other hedge funds also recently modified their holdings of the company. Andra AP fonden lifted its position in Chipotle Mexican Grill by 67.9% during the second quarter. Andra AP fonden now owns 4,700 shares of the restaurant operator’s stock worth $1,956,000 after acquiring an additional 1,900 shares during the last quarter. Chilton Investment Co. LLC acquired a new stake in Chipotle Mexican Grill during the second quarter worth approximately $10,040,000. Birinyi Associates Inc. lifted its position in Chipotle Mexican Grill by 70.0% during the second quarter. Birinyi Associates Inc. now owns 3,400 shares of the restaurant operator’s stock worth $1,415,000 after acquiring an additional 1,400 shares during the last quarter. Allen Investment Management LLC acquired a new stake in Chipotle Mexican Grill during the second quarter worth approximately $493,000. Finally, Sustainable Growth Advisers LP lifted its position in Chipotle Mexican Grill by 5.6% during the second quarter. Sustainable Growth Advisers LP now owns 357,539 shares of the restaurant operator’s stock worth $148,772,000 after acquiring an additional 18,856 shares during the last quarter. Hedge funds and other institutional investors own 90.06% of the company’s stock.

Chipotle Mexican Grill, Inc. (NYSE CMG) opened at 322.565 on Tuesday. The firm has a market cap of $9.20 billion, a price-to-earnings ratio of 69.339 and a beta of 0.60. The stock’s 50 day moving average is $311.38 and its 200 day moving average is $394.47. Chipotle Mexican Grill, Inc. has a one year low of $295.11 and a one year high of $499.00.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results 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 net margin of 3.17% and a return on equity of 10.65%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the company posted $0.87 EPS. The company’s quarterly revenue was up 17.1% compared to the same quarter last year. On average, analysts predict that Chipotle Mexican Grill, Inc. will post $7.45 earnings per share for the current fiscal year.

CMG has been the subject of several research reports. 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. Mizuho restated a “buy” rating and set a $533.00 price objective on shares of Chipotle Mexican Grill in a research report on Wednesday, June 21st. Oppenheimer Holdings, Inc. restated a “market perform” rating on shares of Chipotle Mexican Grill in a research report on Wednesday, July 12th. Maxim Group 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, Zacks Investment Research downgraded shares of Chipotle Mexican Grill from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Seven equities research analysts have rated the stock with a sell rating, twenty-three have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $392.13.

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Chipotle Mexican Grill Company 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.

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

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