22,910 Shares in Chipotle Mexican Grill, Inc. $CMG Bought by Sivia Capital Partners LLC

Sivia Capital Partners LLC bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMGFree Report) during the 4th quarter, HoldingsChannel.com reports. The fund bought 22,910 shares of the restaurant operator’s stock, valued at approximately $848,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Financial Life Planners bought a new position in Chipotle Mexican Grill during the third quarter worth $25,000. Wealth Watch Advisors INC bought a new position in Chipotle Mexican Grill during the third quarter worth $25,000. Murphy & Mullick Capital Management Corp boosted its stake in Chipotle Mexican Grill by 106.7% during the third quarter. Murphy & Mullick Capital Management Corp now owns 775 shares of the restaurant operator’s stock worth $30,000 after acquiring an additional 400 shares in the last quarter. Winthrop Capital Management LLC bought a new position in Chipotle Mexican Grill during the third quarter worth $31,000. Finally, Ameriflex Group Inc. boosted its stake in Chipotle Mexican Grill by 109.4% during the third quarter. Ameriflex Group Inc. now owns 890 shares of the restaurant operator’s stock worth $35,000 after acquiring an additional 465 shares in the last quarter. 91.30% of the stock is owned by institutional investors.

Chipotle Mexican Grill News Summary

Here are the key news stories impacting Chipotle Mexican Grill this week:

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CMG. Guggenheim cut their target price on shares of Chipotle Mexican Grill from $36.00 to $35.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. TD Cowen reissued a “buy” rating and set a $44.00 target price on shares of Chipotle Mexican Grill in a research note on Thursday, April 30th. Argus raised shares of Chipotle Mexican Grill from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research note on Tuesday, May 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $45.00 price objective on shares of Chipotle Mexican Grill in a research note on Thursday, April 30th. Finally, Raymond James Financial dropped their price objective on shares of Chipotle Mexican Grill from $43.00 to $41.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 21st. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.65.

Get Our Latest Analysis on CMG

Chipotle Mexican Grill Trading Down 2.4%

Chipotle Mexican Grill stock opened at $28.05 on Friday. Chipotle Mexican Grill, Inc. has a 1-year low of $28.03 and a 1-year high of $58.42. The firm has a market capitalization of $35.98 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 1.85 and a beta of 0.99. The firm’s fifty day moving average price is $32.93 and its two-hundred day moving average price is $35.24.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. Chipotle Mexican Grill had a net margin of 11.96% and a return on equity of 49.64%. The firm had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same period last year, the firm earned $0.29 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. On average, research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current year.

Chipotle Mexican Grill Company Profile

(Free Report)

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.

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

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