Sei Investments Co. Has $171.34 Million Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Sei Investments Co. trimmed its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 6.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,841,483 shares of the restaurant operator’s stock after selling 207,391 shares during the quarter. Sei Investments Co.’s holdings in Chipotle Mexican Grill were worth $171,343,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CMG. Alphinity Investment Management Pty Ltd acquired a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at about $692,701,000. Raymond James Financial Inc. acquired a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at about $315,220,000. Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Chipotle Mexican Grill by 123.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,471,335 shares of the restaurant operator’s stock valued at $142,398,000 after purchasing an additional 1,364,635 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Chipotle Mexican Grill by 11.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,271,318 shares of the restaurant operator’s stock valued at $476,593,000 after purchasing an additional 858,704 shares in the last quarter. Finally, AGF Management Ltd. boosted its stake in shares of Chipotle Mexican Grill by 1,158.2% during the fourth quarter. AGF Management Ltd. now owns 891,554 shares of the restaurant operator’s stock valued at $53,761,000 after purchasing an additional 820,696 shares in the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Price Performance

Shares of NYSE CMG opened at $48.52 on Friday. Chipotle Mexican Grill, Inc. has a one year low of $47.55 and a one year high of $69.26. The business’s fifty day moving average price is $54.53 and its 200-day moving average price is $57.66. The stock has a market capitalization of $65.76 billion, a PE ratio of 43.70, a P/E/G ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Cfra raised Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and lifted their price objective for the stock from $59.00 to $73.00 in a research note on Wednesday, February 5th. Jefferies Financial Group lifted their price objective on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research note on Monday, December 16th. Raymond James cut their price objective on Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Finally, Wells Fargo & Company cut their price objective on Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Eight equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.67.

About Chipotle Mexican Grill

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.