USS Investment Management Ltd Sells 9,999 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

USS Investment Management Ltd decreased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 221,336 shares of the restaurant operator’s stock after selling 9,999 shares during the quarter. USS Investment Management Ltd’s holdings in Chipotle Mexican Grill were worth $13,350,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ritholtz Wealth Management lifted its position in Chipotle Mexican Grill by 18.9% during the 4th quarter. Ritholtz Wealth Management now owns 8,274 shares of the restaurant operator’s stock worth $499,000 after buying an additional 1,316 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Chipotle Mexican Grill by 58.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 7,961 shares of the restaurant operator’s stock worth $480,000 after acquiring an additional 2,926 shares during the last quarter. Arkadios Wealth Advisors raised its stake in shares of Chipotle Mexican Grill by 4.4% in the fourth quarter. Arkadios Wealth Advisors now owns 10,916 shares of the restaurant operator’s stock worth $658,000 after acquiring an additional 465 shares during the last quarter. Ameritas Advisory Services LLC lifted its position in shares of Chipotle Mexican Grill by 79.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 28,408 shares of the restaurant operator’s stock worth $1,713,000 after purchasing an additional 12,602 shares in the last quarter. Finally, Grove Bank & Trust grew its stake in shares of Chipotle Mexican Grill by 21.7% during the fourth quarter. Grove Bank & Trust now owns 1,400 shares of the restaurant operator’s stock valued at $84,000 after purchasing an additional 250 shares during the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Down 1.6%

CMG opened at $51.45 on Wednesday. The stock has a market cap of $69.32 billion, a P/E ratio of 46.34, a P/E/G ratio of 2.04 and a beta of 1.11. Chipotle Mexican Grill, Inc. has a 12 month low of $44.46 and a 12 month high of $69.26. The company has a fifty day simple moving average of $49.82 and a 200 day simple moving average of $55.35.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.98 billion. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. The company’s revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the firm earned $13.37 earnings per share. On average, equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Sanford C. Bernstein restated an “outperform” rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Loop Capital lowered their target price on Chipotle Mexican Grill from $65.00 to $63.00 and set a “buy” rating for the company in a research note on Thursday, April 24th. KeyCorp dropped their target price on Chipotle Mexican Grill from $60.00 to $58.00 and set an “overweight” rating for the company in a research report on Thursday, April 24th. Guggenheim set a $47.00 price target on Chipotle Mexican Grill in a report on Friday, April 25th. Finally, Royal Bank of Canada lowered their price objective on Chipotle Mexican Grill from $65.00 to $60.00 and set an “outperform” rating for the company in a research report on Thursday, April 24th. Nine investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $61.74.

Chipotle Mexican Grill 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.