Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Sold by XTX Topco Ltd

XTX Topco Ltd lowered its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 52.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,611 shares of the restaurant operator's stock after selling 40,903 shares during the period. XTX Topco Ltd's holdings in Chipotle Mexican Grill were worth $2,208,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Investment Management LLC increased its stake in shares of Chipotle Mexican Grill by 7.1% in the 3rd quarter. Anchor Investment Management LLC now owns 26,116 shares of the restaurant operator's stock worth $1,505,000 after acquiring an additional 1,724 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its stake in shares of Chipotle Mexican Grill by 1,597.1% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 66,188 shares of the restaurant operator's stock worth $3,814,000 after acquiring an additional 62,288 shares during the last quarter. World Investment Advisors LLC bought a new position in shares of Chipotle Mexican Grill during the third quarter valued at $4,709,000. Arvest Bank Trust Division purchased a new position in shares of Chipotle Mexican Grill in the 3rd quarter worth about $359,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Chipotle Mexican Grill in the 3rd quarter worth about $668,000. Hedge funds and other institutional investors own 91.31% of the company's stock.

Chipotle Mexican Grill Stock Performance

CMG traded down $0.71 on Tuesday, reaching $48.75. 9,775,270 shares of the company's stock were exchanged, compared to its average volume of 13,427,773. Chipotle Mexican Grill, Inc. has a twelve month low of $44.46 and a twelve month high of $69.26. The company's 50 day moving average is $51.63 and its 200-day moving average is $56.82. The company has a market cap of $66.08 billion, a price-to-earnings ratio of 43.91, a PEG ratio of 2.04 and a beta of 1.27.

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

Wall Street Analysts Forecast Growth

CMG has been the subject of a number of research analyst reports. Piper Sandler reduced their target price on Chipotle Mexican Grill from $60.00 to $59.00 and set a "neutral" rating for the company in a report on Wednesday, February 5th. Raymond James lowered their price target on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. Cfra raised shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and upped their target price for the stock from $59.00 to $73.00 in a report on Wednesday, February 5th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Finally, Robert W. Baird decreased their target price on Chipotle Mexican Grill from $68.00 to $62.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Eight 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $65.60.

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.