Chipotle Mexican Grill, Inc. (NYSE:CMG) Stock Holdings Reduced by Sepio Capital LP

Sepio Capital LP lowered its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 47.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,057 shares of the restaurant operator's stock after selling 5,461 shares during the quarter. Sepio Capital LP's holdings in Chipotle Mexican Grill were worth $365,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in CMG. Golden State Wealth Management LLC bought a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at about $371,000. Raymond James Financial Inc. bought a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $315,220,000. U.S. Capital Wealth Advisors LLC raised its position in shares of 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 period. Woodard & Co. Asset Management Group Inc. ADV bought a new stake in shares of Chipotle Mexican Grill in the 4th quarter worth approximately $715,000. Finally, Vinva Investment Management Ltd boosted its position in Chipotle Mexican Grill by 50.6% during the 4th quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator's stock valued at $3,910,000 after purchasing an additional 21,864 shares during the period. Institutional investors own 91.31% of the company's stock.

Chipotle Mexican Grill Stock Performance

Shares of CMG stock traded down $1.53 on Thursday, reaching $49.40. 7,081,087 shares of the company's stock traded hands, compared to its average volume of 13,396,080. The company has a market capitalization of $66.96 billion, a P/E ratio of 44.20, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12-month low of $44.46 and a 12-month high of $69.26. The business's 50 day moving average price is $52.13 and its two-hundred day moving average price is $57.00.

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Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Loop Capital upgraded shares of Chipotle Mexican Grill from a "hold" rating to a "buy" rating and upped their target price for the stock from $58.00 to $65.00 in a research report on Friday, March 14th. KeyCorp lowered their target price on Chipotle Mexican Grill from $66.00 to $64.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Oppenheimer boosted their price target on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. Jefferies Financial Group raised their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a "hold" rating in a report on Monday, December 16th. Finally, Stephens cut their price objective on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 5th. Eight research 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. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $66.10.

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.