Chipotle Mexican Grill, Inc. $CMG Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,137,647 shares of the restaurant operator’s stock after selling 105,753 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.16% of Chipotle Mexican Grill worth $120,029,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Signature Resources Capital Management LLC purchased a new stake in shares of Chipotle Mexican Grill in the second quarter worth about $28,000. Activest Wealth Management lifted its holdings in Chipotle Mexican Grill by 109.3% in the second quarter. Activest Wealth Management now owns 517 shares of the restaurant operator’s stock valued at $29,000 after acquiring an additional 270 shares during the period. Oliver Lagore Vanvalin Investment Group purchased a new stake in Chipotle Mexican Grill in the 2nd quarter worth approximately $29,000. 1248 Management LLC acquired a new stake in shares of Chipotle Mexican Grill during the 1st quarter worth approximately $27,000. Finally, Saudi Central Bank purchased a new position in shares of Chipotle Mexican Grill during the 1st quarter valued at approximately $27,000. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill Trading Up 0.5%

CMG stock opened at $31.55 on Friday. Chipotle Mexican Grill, Inc. has a 12-month low of $29.75 and a 12-month high of $66.74. The stock has a market cap of $41.71 billion, a price-to-earnings ratio of 27.92, a PEG ratio of 2.65 and a beta of 0.98. The business’s 50-day moving average is $38.17 and its 200 day moving average is $45.40.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29. The business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.06 billion. Chipotle Mexican Grill had a return on equity of 44.32% and a net margin of 13.04%.The business’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 earnings per share. As a group, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on CMG. Truist Financial decreased their target price on shares of Chipotle Mexican Grill from $53.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Mizuho set a $34.00 price objective on shares of Chipotle Mexican Grill in a research report on Thursday, October 30th. Guggenheim dropped their target price on Chipotle Mexican Grill from $47.00 to $46.00 and set a “neutral” rating on the stock in a research report on Friday, July 25th. JPMorgan Chase & Co. reduced their price target on Chipotle Mexican Grill from $44.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Chipotle Mexican Grill in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and a consensus price target of $49.81.

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.