Nomura Asset Management Co. Ltd. Sells 36,216 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Nomura Asset Management Co. Ltd. trimmed its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 752,677 shares of the restaurant operator's stock after selling 36,216 shares during the period. Nomura Asset Management Co. Ltd. owned 0.06% of Chipotle Mexican Grill worth $45,386,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in CMG. Golden State Wealth Management LLC bought a new stake in Chipotle Mexican Grill in the fourth quarter worth approximately $371,000. Raymond James Financial Inc. bought a new stake in Chipotle Mexican Grill in the fourth quarter worth $315,220,000. U.S. Capital Wealth Advisors LLC boosted its holdings in Chipotle Mexican Grill by 155.1% in the fourth 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 in the last quarter. Woodard & Co. Asset Management Group Inc. ADV acquired a new position in Chipotle Mexican Grill during the fourth quarter worth $715,000. Finally, Vinva Investment Management Ltd raised its holdings in Chipotle Mexican Grill by 50.6% during the fourth quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator's stock valued at $3,910,000 after buying an additional 21,864 shares in the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CMG has been the topic of a number of analyst reports. Jefferies Financial Group increased their price objective on Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a "hold" rating in a report on Monday, December 16th. Stifel Nicolaus lowered their price target on Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating on the stock in a report on Wednesday, March 19th. Royal Bank of Canada restated an "outperform" rating and issued a $75.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Loop Capital raised shares of Chipotle Mexican Grill from a "hold" rating to a "buy" rating and upped their price objective for the stock from $58.00 to $65.00 in a report on Friday, March 14th. Finally, Wedbush dropped their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating on the stock in a report on Wednesday, February 5th. Eight equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $66.67.

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Chipotle Mexican Grill Price Performance

Shares of CMG traded up $0.20 during mid-day trading on Monday, reaching $50.11. The company had a trading volume of 7,762,250 shares, compared to its average volume of 13,251,630. The company has a market capitalization of $67.91 billion, a P/E ratio of 45.14, a P/E/G ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a twelve month low of $47.55 and a twelve month high of $69.26. The company's 50-day moving average is $53.81 and its 200-day moving average is $57.57.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

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.