Semanteon Capital Management LP Invests $1.42 Million in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Semanteon Capital Management LP purchased a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 23,593 shares of the restaurant operator's stock, valued at approximately $1,423,000.

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

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Chipotle Mexican Grill Stock Performance

Shares of CMG traded down $0.11 during trading hours on Tuesday, hitting $49.49. 11,348,955 shares of the company were exchanged, compared to its average volume of 13,047,992. The firm's 50 day moving average is $54.40 and its 200-day moving average is $57.70. Chipotle Mexican Grill, Inc. has a 52 week low of $47.55 and a 52 week high of $69.26. The company has a market cap of $67.08 billion, a PE ratio of 44.58, a PEG ratio of 2.04 and a beta of 1.27.

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

Analyst Ratings Changes

CMG has been the topic of a number of recent analyst reports. Oppenheimer upped their target price on Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $70.00 price target on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Citigroup raised their price objective on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a "buy" rating in a report on Wednesday, February 5th. Wells Fargo & Company cut their target price on shares of Chipotle Mexican Grill from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Finally, Stephens decreased their price target on Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 5th. Eight analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $66.67.

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.