Sei Investments Co. Sells 207,391 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Sei Investments Co. lessened its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,841,483 shares of the restaurant operator's stock after selling 207,391 shares during the quarter. Sei Investments Co. owned approximately 0.21% of Chipotle Mexican Grill worth $171,343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of CMG. Alpha DNA Investment Management LLC grew its stake in shares of Chipotle Mexican Grill by 1.2% in the 3rd quarter. Alpha DNA Investment Management LLC now owns 13,644 shares of the restaurant operator's stock valued at $786,000 after purchasing an additional 168 shares during the period. Tortoise Investment Management LLC raised its stake in Chipotle Mexican Grill by 14.0% during the fourth quarter. Tortoise Investment Management LLC now owns 1,436 shares of the restaurant operator's stock worth $87,000 after acquiring an additional 176 shares in the last quarter. Traynor Capital Management Inc. lifted its holdings in shares of Chipotle Mexican Grill by 2.5% during the fourth quarter. Traynor Capital Management Inc. now owns 7,522 shares of the restaurant operator's stock valued at $454,000 after acquiring an additional 181 shares during the period. BTC Capital Management Inc. lifted its holdings in shares of Chipotle Mexican Grill by 1.9% during the fourth quarter. BTC Capital Management Inc. now owns 9,969 shares of the restaurant operator's stock valued at $601,000 after acquiring an additional 184 shares during the period. Finally, Revolve Wealth Partners LLC grew its holdings in shares of Chipotle Mexican Grill by 4.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator's stock worth $290,000 after purchasing an additional 214 shares during the last quarter. Institutional investors own 91.31% of the company's stock.

Remove Ads

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Barclays cut their target price on shares of Chipotle Mexican Grill from $63.00 to $60.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 5th. Stephens decreased their target price on 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. Oppenheimer lifted their price target on Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an "outperform" rating in a report on Tuesday, January 7th. Truist Financial increased their price objective on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a "buy" rating in a report on Wednesday, December 4th. Finally, Raymond James dropped their target price on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating for the company in a research note on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Chipotle Mexican Grill presently has an average rating of "Moderate Buy" and an average target price of $66.67.

Chipotle Mexican Grill Price Performance

Chipotle Mexican Grill stock traded up $0.46 during midday trading on Tuesday, hitting $50.06. The company's stock had a trading volume of 4,132,668 shares, compared to its average volume of 12,079,886. The company has a 50-day moving average price of $54.40 and a two-hundred day moving average price of $57.70. Chipotle Mexican Grill, Inc. has a 1-year low of $47.55 and a 1-year high of $69.26. The company has a market cap of $67.85 billion, a price-to-earnings ratio of 45.09, a PEG ratio of 2.04 and a beta of 1.27.

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