Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Sold by Jump Financial LLC

Jump Financial LLC reduced its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 6.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 403,256 shares of the restaurant operator's stock after selling 28,697 shares during the quarter. Chipotle Mexican Grill makes up 0.5% of Jump Financial LLC's holdings, making the stock its 23rd largest position. Jump Financial LLC's holdings in Chipotle Mexican Grill were worth $24,316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Ethos Financial Group LLC acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at about $31,000. Sound Income Strategies LLC increased its stake in Chipotle Mexican Grill by 1,110.0% during the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock valued at $36,000 after purchasing an additional 555 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $38,000. Financial Life Planners acquired a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth $45,000. Finally, Oakworth Capital Inc. purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at $50,000. Institutional investors own 91.31% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Robert W. Baird lowered their price target on 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. Stephens dropped their target price on Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 5th. Sanford C. Bernstein restated an "outperform" rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Raymond James dropped their price objective on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. Finally, Stifel Nicolaus decreased their target price on shares of Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating for the company in a research report on Wednesday, March 19th. 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.com, the stock has an average rating of "Moderate Buy" and an average price target of $65.42.

Chipotle Mexican Grill Stock Performance

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

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, topping 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%. Analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

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.