Gamco Investors INC. ET AL Sells 2,121 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Gamco Investors INC. ET AL lowered its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,278 shares of the restaurant operator’s stock after selling 2,121 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Chipotle Mexican Grill were worth $4,961,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new position in Chipotle Mexican Grill during the fourth quarter valued at approximately $371,000. Raymond James Financial Inc. bought a new position in Chipotle Mexican Grill in the 4th quarter valued at $315,220,000. U.S. Capital Wealth Advisors LLC grew its position in shares of 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 valued at $900,000 after purchasing an additional 9,070 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV bought a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $715,000. Finally, Vinva Investment Management Ltd raised its position in shares of Chipotle Mexican Grill by 50.6% in the fourth quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator’s stock worth $3,910,000 after buying an additional 21,864 shares in the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Down 1.3 %

Shares of Chipotle Mexican Grill stock opened at $48.18 on Thursday. The company’s fifty day simple moving average is $51.27 and its two-hundred day simple moving average is $56.71. Chipotle Mexican Grill, Inc. has a 12-month low of $44.46 and a 12-month high of $69.26. The firm has a market cap of $65.30 billion, a PE ratio of 43.40, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate 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, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Morgan Stanley upgraded Chipotle Mexican Grill from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $65.00 to $70.00 in a research report on Monday, March 3rd. UBS Group decreased their price objective on shares of Chipotle Mexican Grill from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Wednesday. Robert W. Baird dropped their target price on shares of Chipotle Mexican Grill from $68.00 to $62.00 and set an “outperform” rating for the company in a research report on Monday, April 7th. Stifel Nicolaus cut their price target on shares of Chipotle Mexican Grill from $68.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, March 19th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Chipotle Mexican Grill from $64.00 to $58.00 and set a “neutral” rating on the stock in a research report on Thursday, March 20th. Eight 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.42.

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.