FNY Partners Fund LP bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 500 shares of the company’s stock, valued at approximately $189,000.
A number of other large investors have also modified their holdings of the stock. State Street Corp boosted its stake in shares of Chipotle Mexican Grill by 2.0% in the fourth quarter. State Street Corp now owns 1,192,823 shares of the company’s stock worth $450,073,000 after buying an additional 23,087 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Chipotle Mexican Grill by 0.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 796,250 shares of the company’s stock worth $337,212,000 after buying an additional 6,019 shares during the last quarter. Generation Investment Management LLP purchased a new position in Chipotle Mexican Grill during the second quarter worth approximately $230,936,000. Pershing Square Capital Management L.P. purchased a new position in Chipotle Mexican Grill during the third quarter worth approximately $234,709,000. Finally, BlackRock Fund Advisors raised its position in Chipotle Mexican Grill by 2.7% in the third quarter. BlackRock Fund Advisors now owns 547,802 shares of the company’s stock worth $231,994,000 after buying an additional 14,275 shares during the period. 96.62% of the stock is currently owned by institutional investors and hedge funds.
Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) traded down 0.47% during mid-day trading on Friday, hitting $413.36. 880,002 shares of the stock traded hands. The stock has a market cap of $11.89 billion, a price-to-earnings ratio of 536.83 and a beta of 0.59. Chipotle Mexican Grill, Inc. has a 12 month low of $352.96 and a 12 month high of $542.50. The firm has a 50 day moving average of $403.98 and a 200 day moving average of $402.85.
Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Thursday, February 2nd. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.02. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Chipotle Mexican Grill had a return on equity of 2.60% and a net margin of 0.59%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.17 EPS. On average, equities analysts expect that Chipotle Mexican Grill, Inc. will post $8.20 EPS for the current fiscal year.
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A number of research analysts have recently commented on the stock. Wedbush restated an “underperform” rating and set a $370.00 price target (down from $400.00) on shares of Chipotle Mexican Grill in a research report on Monday, October 17th. Cowen and Company set a $355.00 price target on shares of Chipotle Mexican Grill and gave the company a “hold” rating in a research report on Thursday, January 12th. J P Morgan Chase & Co lowered shares of Chipotle Mexican Grill from an “overweight” rating to a “neutral” rating and set a $375.00 price target for the company. in a research report on Tuesday, January 17th. Vetr upgraded shares of Chipotle Mexican Grill from a “hold” rating to a “buy” rating and set a $404.00 price target for the company in a research report on Tuesday, December 6th. Finally, Canaccord Genuity reiterated a “hold” rating and issued a $375.00 target price on shares of Chipotle Mexican Grill in a research report on Monday, December 19th. Seven analysts have rated the stock with a sell rating, nineteen have given a hold rating and eleven have given a buy rating to the company’s stock. Chipotle Mexican Grill has an average rating of “Hold” and a consensus target price of $417.45.
In other Chipotle Mexican Grill news, Director Matthew H. Paull acquired 400 shares of the company’s stock in a transaction dated Monday, February 6th. The shares were acquired at an average cost of $397.71 per share, with a total value of $159,084.00. Following the acquisition, the director now directly owns 416 shares of the company’s stock, valued at $165,447.36. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.58% of the stock is currently owned by insiders.
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill, Inc, 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. The Company operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany.
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