Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Sold by Two Sigma Advisers LP

Two Sigma Advisers LP trimmed its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 98.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,900 shares of the restaurant operator’s stock after selling 907,900 shares during the quarter. Two Sigma Advisers LP’s holdings in Chipotle Mexican Grill were worth $597,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in Chipotle Mexican Grill during the 4th quarter worth $371,000. Raymond James Financial Inc. acquired a new position in Chipotle Mexican Grill during the 4th quarter worth $315,220,000. U.S. Capital Wealth Advisors LLC grew its stake in Chipotle Mexican Grill by 155.1% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator’s stock worth $900,000 after purchasing an additional 9,070 shares in the last quarter. Vinva Investment Management Ltd grew its stake in Chipotle Mexican Grill by 50.6% during the 4th quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator’s stock worth $3,910,000 after purchasing an additional 21,864 shares in the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV acquired a new position in Chipotle Mexican Grill during the 4th quarter worth $715,000. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Up 0.4%

CMG opened at $50.04 on Wednesday. The business has a 50 day moving average price of $50.01 and a two-hundred day moving average price of $54.79. The company has a market cap of $67.42 billion, a PE ratio of 45.07, a P/E/G ratio of 2.04 and a beta of 1.11. Chipotle Mexican Grill, Inc. has a 52 week low of $44.46 and a 52 week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. The firm had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.98 billion. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. The firm’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business earned $13.37 EPS. As a group, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on CMG. Robert W. Baird decreased their price target on Chipotle Mexican Grill from $62.00 to $56.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. Morgan Stanley decreased their price target on Chipotle Mexican Grill from $67.00 to $65.00 and set an “overweight” rating for the company in a report on Thursday, April 24th. JPMorgan Chase & Co. decreased their price target on Chipotle Mexican Grill from $58.00 to $54.00 and set a “neutral” rating for the company in a report on Thursday, May 29th. Wedbush decreased their price target on Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating for the company in a report on Wednesday, February 5th. Finally, Stephens reaffirmed an “equal weight” rating and set a $49.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, May 7th. Nine equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.60.

Chipotle Mexican Grill Company Profile

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.