WINTON GROUP Ltd Sells 241,848 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

WINTON GROUP Ltd reduced its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 96.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,823 shares of the restaurant operator's stock after selling 241,848 shares during the period. WINTON GROUP Ltd's holdings in Chipotle Mexican Grill were worth $592,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CMG. United Bank boosted its position in Chipotle Mexican Grill by 13.7% during the 3rd quarter. United Bank now owns 36,851 shares of the restaurant operator's stock worth $2,123,000 after acquiring an additional 4,451 shares during the period. Townsquare Capital LLC boosted its holdings in shares of Chipotle Mexican Grill by 5.4% during the third quarter. Townsquare Capital LLC now owns 26,253 shares of the restaurant operator's stock worth $1,513,000 after purchasing an additional 1,338 shares during the period. Freedom Investment Management Inc. lifted its position in Chipotle Mexican Grill by 10.0% in the 3rd quarter. Freedom Investment Management Inc. now owns 4,727 shares of the restaurant operator's stock worth $272,000 after buying an additional 431 shares in the last quarter. Glenmede Trust Co. NA boosted its stake in shares of Chipotle Mexican Grill by 2.0% during the 3rd quarter. Glenmede Trust Co. NA now owns 86,167 shares of the restaurant operator's stock valued at $4,965,000 after buying an additional 1,726 shares during the period. Finally, Fiduciary Trust Co grew its holdings in shares of Chipotle Mexican Grill by 14.3% during the 3rd quarter. Fiduciary Trust Co now owns 20,919 shares of the restaurant operator's stock valued at $1,205,000 after acquiring an additional 2,619 shares in the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Price Performance

Shares of NYSE:CMG traded up $0.05 during midday trading on Wednesday, reaching $51.72. The company's stock had a trading volume of 2,707,656 shares, compared to its average volume of 12,123,495. The business's fifty day simple moving average is $53.58 and its 200-day simple moving average is $57.50. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.55 and a fifty-two week high of $69.26. The company has a market capitalization of $70.10 billion, a P/E ratio of 46.56, a P/E/G 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, beating 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%. On average, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CMG shares. Wedbush cut their price target 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. Evercore ISI raised their price objective on Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an "outperform" rating in a research note on Thursday, December 5th. Barclays lowered their price target on Chipotle Mexican Grill from $63.00 to $60.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Cfra raised shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and upped their price objective for the stock from $59.00 to $73.00 in a report on Wednesday, February 5th. Finally, Morgan Stanley raised shares of Chipotle Mexican Grill from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $65.00 to $70.00 in a research report on Monday, March 3rd. Eight equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $66.67.

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.