Symmetry Investments LP Takes Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Symmetry Investments LP purchased a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 77,527 shares of the restaurant operator's stock, valued at approximately $4,675,000.

Several other institutional investors also recently bought and sold shares of CMG. Golden State Wealth Management LLC bought a new position in shares of Chipotle Mexican Grill during the 4th quarter worth $371,000. Raymond James Financial Inc. bought a new position in Chipotle Mexican Grill during the 4th quarter worth about $315,220,000. U.S. Capital Wealth Advisors LLC increased its position in 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 valued at $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 valued at about $715,000. Finally, Vinva Investment Management Ltd raised its holdings in shares of Chipotle Mexican Grill by 50.6% in 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 in the last quarter. 91.31% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CMG has been the topic of several research reports. KeyCorp cut their price objective on shares of Chipotle Mexican Grill from $64.00 to $60.00 and set an "overweight" rating on the stock in a report on Tuesday, April 15th. Citigroup reduced their price target on Chipotle Mexican Grill from $70.00 to $62.00 and set a "buy" rating for the company in a research report on Wednesday, April 2nd. Loop Capital raised Chipotle Mexican Grill from a "hold" rating to a "buy" rating and raised their price objective for the company from $58.00 to $65.00 in a research report on Friday, March 14th. Wells Fargo & Company reduced their target price on shares of Chipotle Mexican Grill from $70.00 to $60.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, Barclays decreased their price target on shares of Chipotle Mexican Grill from $60.00 to $56.00 and set an "equal weight" rating for the company in a research report on Tuesday. Eight investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $63.99.

Chipotle Mexican Grill Trading Up 1.2 %

Shares of NYSE:CMG opened at $47.10 on Wednesday. Chipotle Mexican Grill, Inc. has a 12-month low of $44.46 and a 12-month high of $69.26. The business has a 50 day moving average of $50.48 and a two-hundred day moving average of $56.43. The company has a market capitalization of $63.84 billion, a PE ratio of 42.42, a PEG ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) 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%. Equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share 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.

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