Guggenheim Capital LLC Trims Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Guggenheim Capital LLC lessened its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 554,389 shares of the restaurant operator's stock after selling 17,432 shares during the period. Guggenheim Capital LLC's holdings in Chipotle Mexican Grill were worth $33,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth about $371,000. Raymond James Financial Inc. acquired a new stake in Chipotle Mexican Grill in the 4th quarter worth approximately $315,220,000. U.S. Capital Wealth Advisors LLC grew its position in 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 worth $900,000 after purchasing an additional 9,070 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV acquired a new position in Chipotle Mexican Grill during the 4th quarter valued at approximately $715,000. Finally, Vinva Investment Management Ltd raised its holdings 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 during the last quarter. 91.31% of the stock is currently owned by institutional investors.

Chipotle Mexican Grill Stock Up 0.1 %

Shares of NYSE CMG traded up $0.05 during midday trading on Friday, hitting $48.13. The stock had a trading volume of 9,352,505 shares, compared to its average volume of 13,443,023. Chipotle Mexican Grill, Inc. has a 1 year low of $44.46 and a 1 year high of $69.26. The company has a market capitalization of $65.24 billion, a PE ratio of 43.36, a P/E/G ratio of 2.04 and a beta of 1.27. The stock has a 50 day simple moving average of $50.92 and a 200-day simple moving average of $56.58.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced 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 net margin of 13.56% and a return on equity of 42.92%. As a group, analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CMG shares. Barclays dropped their price objective on shares of Chipotle Mexican Grill from $63.00 to $60.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Morgan Stanley upgraded Chipotle Mexican Grill from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $65.00 to $70.00 in a research note on Monday, March 3rd. Robert W. Baird reduced their price objective on Chipotle Mexican Grill from $68.00 to $62.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Cfra upgraded Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and upped their target price for the company from $59.00 to $73.00 in a research report on Wednesday, February 5th. Finally, Stephens cut their price target on shares of 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. 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. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target 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.