WINTON GROUP Ltd Lowers Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

WINTON GROUP Ltd trimmed its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 96.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,823 shares of the restaurant operator’s stock after selling 241,848 shares during the period. WINTON GROUP Ltd’s holdings in Chipotle Mexican Grill were worth $592,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CMG. Alphinity Investment Management Pty Ltd bought a new stake in shares of Chipotle Mexican Grill in the fourth quarter worth about $692,701,000. Raymond James Financial Inc. bought a new stake in Chipotle Mexican Grill in the 4th quarter worth approximately $315,220,000. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Chipotle Mexican Grill by 123.3% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,471,335 shares of the restaurant operator’s stock worth $142,398,000 after acquiring an additional 1,364,635 shares in the last quarter. AGF Management Ltd. boosted its position in shares of Chipotle Mexican Grill by 1,158.2% during the 4th quarter. AGF Management Ltd. now owns 891,554 shares of the restaurant operator’s stock valued at $53,761,000 after acquiring an additional 820,696 shares during the last quarter. Finally, Los Angeles Capital Management LLC grew its holdings in shares of Chipotle Mexican Grill by 445.1% in the fourth quarter. Los Angeles Capital Management LLC now owns 833,494 shares of the restaurant operator’s stock valued at $50,260,000 after purchasing an additional 680,595 shares in the last quarter. 91.31% of the stock is currently owned by institutional investors.

Chipotle Mexican Grill Price Performance

Shares of CMG stock opened at $49.91 on Friday. Chipotle Mexican Grill, Inc. has a 1-year low of $47.55 and a 1-year high of $69.26. The company has a market cap of $67.64 billion, a price-to-earnings ratio of 44.95, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. The stock’s fifty day moving average price is $53.81 and its 200 day moving average price is $57.56.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CMG shares. Royal Bank of Canada reiterated an “outperform” rating and set a $75.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Piper Sandler reduced their price objective on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Sanford C. Bernstein restated an “outperform” rating and set a $70.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Stephens reduced their price target on Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Chipotle Mexican Grill from $64.00 to $58.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Eight investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average 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.