Chipotle Mexican Grill, Inc. (CMG) Holdings Lifted by BKS Advisors LLC

BKS Advisors LLC boosted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 23.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,190 shares of the restaurant operator’s stock after buying an additional 225 shares during the quarter. BKS Advisors LLC’s holdings in Chipotle Mexican Grill were worth $366,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cutter & CO Brokerage Inc. raised its holdings in shares of Chipotle Mexican Grill by 1.3% in the second quarter. Cutter & CO Brokerage Inc. now owns 763 shares of the restaurant operator’s stock valued at $317,000 after acquiring an additional 10 shares in the last quarter. Tufton Capital Management raised its holdings in shares of Chipotle Mexican Grill by 1.3% in the second quarter. Tufton Capital Management now owns 804 shares of the restaurant operator’s stock valued at $335,000 after acquiring an additional 10 shares in the last quarter. Simmons Bank raised its holdings in shares of Chipotle Mexican Grill by 1.1% in the second quarter. Simmons Bank now owns 1,257 shares of the restaurant operator’s stock valued at $523,000 after acquiring an additional 14 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Chipotle Mexican Grill by 6.2% in the second quarter. Pacer Advisors Inc. now owns 498 shares of the restaurant operator’s stock valued at $207,000 after acquiring an additional 29 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Chipotle Mexican Grill by 0.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,012 shares of the restaurant operator’s stock valued at $2,085,000 after acquiring an additional 33 shares in the last quarter. 88.58% of the stock is owned by institutional investors.

Shares of Chipotle Mexican Grill, Inc. (CMG) traded down $1.96 during mid-day trading on Monday, hitting $279.31. The stock had a trading volume of 335,200 shares, compared to its average volume of 1,157,968. The firm has a market cap of $7,885.76, a P/E ratio of 48.16, a price-to-earnings-growth ratio of 2.41 and a beta of 0.44. Chipotle Mexican Grill, Inc. has a twelve month low of $263.00 and a twelve month high of $499.00.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Tuesday, October 24th. The restaurant operator reported $1.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.24 by ($0.91). The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.14 billion. Chipotle Mexican Grill had a return on equity of 11.80% and a net margin of 3.37%. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.56 earnings per share. equities analysts expect that Chipotle Mexican Grill, Inc. will post 6.63 earnings per share for the current fiscal year.

Several analysts recently weighed in on the company. BTIG Research restated a “neutral” rating on shares of Chipotle Mexican Grill in a report on Wednesday, August 16th. William Blair reiterated a “buy” rating on shares of Chipotle Mexican Grill in a report on Thursday, August 24th. Telsey Advisory Group downgraded shares of Chipotle Mexican Grill from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $370.00 to $330.00 in a report on Wednesday, October 25th. Standpoint Research upgraded shares of Chipotle Mexican Grill from an “underperform” rating to a “hold” rating in a report on Friday, August 25th. Finally, Deutsche Bank AG set a $240.00 target price on shares of Chipotle Mexican Grill and gave the stock a “sell” rating in a report on Wednesday, October 25th. Seven analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $356.06.

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Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc (Chipotle), 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. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.

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

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