Sivia Capital Partners LLC bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free 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:
- Negative Sentiment: Morgan Stanley downgraded Chipotle to Equal-weight, saying its growth outlook is less attractive than peers and that the company’s sales drivers are unlikely to improve quickly. Morgan Stanley backs Yum Brands, cuts Chipotle rating as growth outlook diverges
- Negative Sentiment: Chipotle hit a new 52-week low as investors continued to sell on consumer-spending headwinds and broader macro pressure. Macro Pressures Drive Chipotle Stock To A New 52-Week Low
- Negative Sentiment: Traders showed a bearish bias in options activity, with put volume more than doubling its typical level, suggesting expectations for more downside or hedging demand.
Wall Street Analysts Forecast Growth
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:CMG – Get 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
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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