Investors sold shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) on strength during trading hours on Friday. $92.89 million flowed into the stock on the tick-up and $106.10 million flowed out of the stock on the tick-down, for a money net flow of $13.21 million out of the stock. Of all companies tracked, Chipotle Mexican Grill had the 0th highest net out-flow for the day. Chipotle Mexican Grill traded up $3.20 for the day and closed at $307.59

Several equities research analysts have recently weighed in on CMG shares. Credit Suisse Group decreased their price target on Chipotle Mexican Grill from $320.00 to $275.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 25th. Robert W. Baird reiterated a “hold” rating and set a $340.00 price target (down from $385.00) on shares of Chipotle Mexican Grill in a research report on Tuesday, October 3rd. Standpoint Research upgraded Chipotle Mexican Grill from an “underperform” rating to a “hold” rating in a research report on Friday, August 25th. Royal Bank Of Canada decreased their price target on Chipotle Mexican Grill from $440.00 to $330.00 and set a “sector perform” rating on the stock in a research report on Friday, October 20th. Finally, Wedbush reiterated a “hold” rating and set a $290.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, October 25th. Seven investment analysts have rated the stock with a sell rating, twenty-four have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Chipotle Mexican Grill currently has a consensus rating of “Hold” and an average price target of $355.69.

The stock has a market capitalization of $8,684.19, a PE ratio of 53.03, a P/E/G ratio of 2.65 and a beta of 0.48.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, October 24th. The restaurant operator reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $2.24 by ($0.91). Chipotle Mexican Grill had a net margin of 3.37% and a return on equity of 11.80%. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the business earned $0.56 earnings per share. The firm’s revenue was up 8.8% on a year-over-year basis. equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 6.63 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of CMG. Strs Ohio grew its position in Chipotle Mexican Grill by 6.3% during the second quarter. Strs Ohio now owns 3,089 shares of the restaurant operator’s stock valued at $1,285,000 after acquiring an additional 184 shares during the last quarter. Harbour Capital Advisors LLC grew its position in Chipotle Mexican Grill by 30,455.0% during the second quarter. Harbour Capital Advisors LLC now owns 82,804 shares of the restaurant operator’s stock valued at $199,000 after acquiring an additional 82,533 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of Chipotle Mexican Grill by 1.1% during the second quarter. CIBC Asset Management Inc now owns 3,453 shares of the restaurant operator’s stock valued at $1,437,000 after purchasing an additional 36 shares during the period. CAPROCK Group Inc. purchased a new stake in shares of Chipotle Mexican Grill during the second quarter valued at approximately $223,000. Finally, Sei Investments Co. boosted its stake in shares of Chipotle Mexican Grill by 18.0% during the second quarter. Sei Investments Co. now owns 4,443 shares of the restaurant operator’s stock valued at $1,848,000 after purchasing an additional 678 shares during the period. Institutional investors and hedge funds own 88.74% of the company’s stock.

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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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