Today, Camelot Portfolios LLC Sold shares of Chipotle Mexican Grill Inc. (CMG)

Today, Camelot Portfolios LLC Sold shares of Chipotle Mexican Grill Inc. (CMG)

Camelot Portfolios LLC lowered its position in shares of Chipotle Mexican Grill Inc. (NYSE:CMG) by 0.8% during the third quarter, Holdings Channel reports. The fund owned 2,040 shares of the company’s stock after selling 17 shares during the period. Camelot Portfolios LLC’s holdings in Chipotle Mexican Grill were worth $864,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Intermede Investment Partners Ltd boosted its position in shares of Chipotle Mexican Grill by 2.1% in the second quarter. Intermede Investment Partners Ltd now owns 38,792 shares of the company’s stock worth $15,624,000 after buying an additional 784 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Chipotle Mexican Grill by 0.6% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 92,755 shares of the company’s stock worth $37,358,000 after buying an additional 559 shares during the last quarter. Tobam boosted its position in shares of Chipotle Mexican Grill by 2.1% in the second quarter. Tobam now owns 170,636 shares of the company’s stock worth $68,726,000 after buying an additional 3,581 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Chipotle Mexican Grill by 1,461.6% in the second quarter. Nordea Investment Management AB now owns 18,724 shares of the company’s stock worth $7,541,000 after buying an additional 17,525 shares during the last quarter. Finally, ING Groep NV boosted its position in shares of Chipotle Mexican Grill by 18.4% in the second quarter. ING Groep NV now owns 2,614 shares of the company’s stock worth $1,053,000 after buying an additional 407 shares during the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

Shares of Chipotle Mexican Grill Inc. (NYSE:CMG) opened at 410.41 on Friday. The stock has a market cap of $11.88 billion, a price-to-earnings ratio of 165.76 and a beta of 0.60. The company has a 50-day moving average price of $397.98 and a 200-day moving average price of $412.29. Chipotle Mexican Grill Inc. has a 1-year low of $352.96 and a 1-year high of $589.15.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, October 25th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $1.59 by $1.32. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $13.71 million. Chipotle Mexican Grill had a return on equity of 5.46% and a net margin of 1.94%. Chipotle Mexican Grill’s revenue was down 14.8% compared to the same quarter last year. During the same quarter last year, the company earned $4.59 EPS. On average, equities analysts expect that Chipotle Mexican Grill Inc. will post $1.58 earnings per share for the current fiscal year.

A number of equities analysts have commented on CMG shares. Buckingham Research reissued a “buy” rating and set a $547.00 target price on shares of Chipotle Mexican Grill in a report on Friday, September 16th. RBC Capital Markets reaffirmed an “outperform” rating and issued a $465.00 price target (down previously from $485.00) on shares of Chipotle Mexican Grill in a report on Tuesday, October 18th. Credit Suisse Group AG cut Chipotle Mexican Grill from an “outperform” rating to a “neutral” rating and cut their price target for the company from $500.00 to $375.00 in a report on Wednesday, October 26th. Zacks Investment Research cut Chipotle Mexican Grill from a “hold” rating to a “sell” rating in a report on Monday, October 24th. Finally, Maxim Group reaffirmed a “sell” rating and issued a $325.00 price target (up previously from $300.00) on shares of Chipotle Mexican Grill in a report on Wednesday, October 12th. Nine research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $448.86.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Company operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany.

Related posts

Leave a Comment