Chipotle Mexican Grill, Inc. $CMG Holdings Raised by WINTON GROUP Ltd

WINTON GROUP Ltd increased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 80.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 102,796 shares of the restaurant operator’s stock after buying an additional 45,883 shares during the quarter. WINTON GROUP Ltd’s holdings in Chipotle Mexican Grill were worth $5,772,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CMG. Ascent Group LLC lifted its stake in shares of Chipotle Mexican Grill by 3.5% in the 2nd quarter. Ascent Group LLC now owns 5,752 shares of the restaurant operator’s stock worth $323,000 after acquiring an additional 193 shares during the period. E. Ohman J or Asset Management AB lifted its position in Chipotle Mexican Grill by 0.3% in the second quarter. E. Ohman J or Asset Management AB now owns 59,234 shares of the restaurant operator’s stock worth $3,326,000 after purchasing an additional 194 shares during the period. Occidental Asset Management LLC boosted its stake in Chipotle Mexican Grill by 2.8% during the 2nd quarter. Occidental Asset Management LLC now owns 7,257 shares of the restaurant operator’s stock valued at $407,000 after purchasing an additional 195 shares in the last quarter. Perennial Advisors LLC increased its position in shares of Chipotle Mexican Grill by 3.1% during the 2nd quarter. Perennial Advisors LLC now owns 6,667 shares of the restaurant operator’s stock valued at $374,000 after purchasing an additional 200 shares during the period. Finally, Quent Capital LLC lifted its holdings in shares of Chipotle Mexican Grill by 2.0% in the second quarter. Quent Capital LLC now owns 10,555 shares of the restaurant operator’s stock valued at $593,000 after buying an additional 208 shares during the period. Institutional investors and hedge funds own 91.30% of the company’s stock.

Chipotle Mexican Grill Price Performance

CMG stock opened at $33.94 on Monday. The firm has a market capitalization of $44.88 billion, a P/E ratio of 30.04, a P/E/G ratio of 3.47 and a beta of 0.99. Chipotle Mexican Grill, Inc. has a 52-week low of $29.75 and a 52-week high of $66.74. The company’s 50 day simple moving average is $36.18 and its 200-day simple moving average is $43.42.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share for the quarter, hitting the consensus estimate of $0.29. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.06 billion. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.27 EPS. Sell-side analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Barclays lowered their target price on Chipotle Mexican Grill from $43.00 to $38.00 and set an “equal weight” rating on the stock in a report on Thursday, October 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Chipotle Mexican Grill in a research note on Monday, December 1st. Northcoast Research lowered shares of Chipotle Mexican Grill from a “buy” rating to a “neutral” rating in a research report on Friday, October 31st. Royal Bank Of Canada dropped their price target on Chipotle Mexican Grill from $58.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Finally, Zacks Research downgraded Chipotle Mexican Grill from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.81.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.