GSA Capital Partners LLP Takes Position in Chipotle Mexican Grill, Inc. (CMG)

GSA Capital Partners LLP bought a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 14,397 shares of the restaurant operator’s stock, valued at approximately $5,991,000. Chipotle Mexican Grill comprises approximately 0.4% of GSA Capital Partners LLP’s portfolio, making the stock its 3rd biggest position. GSA Capital Partners LLP owned about 0.05% of Chipotle Mexican Grill as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CMG. Nationwide Fund Advisors increased its stake in shares of Chipotle Mexican Grill by 1.4% in the 1st quarter. Nationwide Fund Advisors now owns 8,077 shares of the restaurant operator’s stock worth $3,598,000 after acquiring an additional 112 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in shares of Chipotle Mexican Grill by 59.2% in the 1st quarter. Canada Pension Plan Investment Board now owns 3,518 shares of the restaurant operator’s stock worth $1,567,000 after acquiring an additional 1,308 shares during the last quarter. Comerica Bank increased its stake in shares of Chipotle Mexican Grill by 1.9% in the 1st quarter. Comerica Bank now owns 7,702 shares of the restaurant operator’s stock worth $3,712,000 after acquiring an additional 141 shares during the last quarter. UBS Asset Management Americas Inc. increased its stake in shares of Chipotle Mexican Grill by 6.7% in the 1st quarter. UBS Asset Management Americas Inc. now owns 77,918 shares of the restaurant operator’s stock worth $34,714,000 after acquiring an additional 4,890 shares during the last quarter. Finally, Karp Capital Management Corp acquired a new stake in shares of Chipotle Mexican Grill in the 1st quarter worth $4,150,000. 90.08% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill, Inc. (CMG) traded down 1.351% on Tuesday, reaching $297.791. The company’s stock had a trading volume of 795,908 shares. Chipotle Mexican Grill, Inc. has a 52 week low of $295.11 and a 52 week high of $499.00. The firm’s 50 day moving average price is $319.25 and its 200-day moving average price is $408.08. The company has a market capitalization of $8.49 billion, a price-to-earnings ratio of 64.014 and a beta of 0.64.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, July 25th. The restaurant operator reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.16. Chipotle Mexican Grill had a return on equity of 10.65% and a net margin of 3.17%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the business posted $0.87 EPS. Chipotle Mexican Grill’s quarterly revenue was up 17.1% compared to the same quarter last year. On average, equities analysts predict that Chipotle Mexican Grill, Inc. will post $7.60 EPS for the current year.

A number of brokerages have issued reports on CMG. ValuEngine raised Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Argus raised Chipotle Mexican Grill from a “hold” rating to a “buy” rating and raised their target price for the stock from $447.88 to $550.00 in a research note on Thursday, May 25th. Vetr downgraded Chipotle Mexican Grill from a “buy” rating to a “hold” rating and set a $498.87 target price for the company. in a research note on Monday, June 5th. Wedbush reaffirmed a “neutral” rating and issued a $450.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, June 7th. Finally, Mizuho began coverage on Chipotle Mexican Grill in a research note on Thursday, June 8th. They issued a “buy” rating and a $533.00 target price for the company. Six investment analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $399.45.

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Chipotle Mexican Grill Profile

Chipotle Mexican Grill, Inc (Chipotle), 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. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.

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Institutional Ownership by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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