Exxonmobil Investment Management Inc. TX lessened its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 13.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,950 shares of the restaurant operator’s stock after selling 632 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Chipotle Mexican Grill were worth $1,142,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. QUANTRES ASSET MANAGEMENT Ltd grew its holdings in Chipotle Mexican Grill by 107.1% in the fourth quarter. QUANTRES ASSET MANAGEMENT Ltd now owns 2,900 shares of the restaurant operator’s stock valued at $838,000 after purchasing an additional 1,500 shares during the last quarter. AXA grew its holdings in Chipotle Mexican Grill by 15.7% in the third quarter. AXA now owns 103,284 shares of the restaurant operator’s stock valued at $31,794,000 after purchasing an additional 14,000 shares during the last quarter. IFM Investors Pty Ltd acquired a new stake in Chipotle Mexican Grill in the third quarter valued at $263,000. Griffin Asset Management Inc. acquired a new stake in Chipotle Mexican Grill in the third quarter valued at $524,000. Finally, Marshfield Associates grew its holdings in Chipotle Mexican Grill by 75.7% in the third quarter. Marshfield Associates now owns 197,591 shares of the restaurant operator’s stock valued at $60,824,000 after purchasing an additional 85,101 shares during the last quarter. 88.43% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have weighed in on the company. Maxim Group reissued a “buy” rating and issued a $425.00 target price (up previously from $400.00) on shares of Chipotle Mexican Grill in a report on Thursday. Telsey Advisory Group lowered Chipotle Mexican Grill from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $370.00 to $330.00 in a report on Wednesday, October 25th. Deutsche Bank set a $240.00 target price on Chipotle Mexican Grill and gave the company a “sell” rating in a report on Wednesday, October 25th. SunTrust Banks set a $355.00 target price on Chipotle Mexican Grill and gave the company a “buy” rating in a report on Wednesday, October 25th. Finally, Wedbush restated a “hold” rating and issued a $290.00 price objective on shares of Chipotle Mexican Grill in a research report on Wednesday, October 25th. Six research analysts have rated the stock with a sell rating, twenty-four have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Chipotle Mexican Grill has a consensus rating of “Hold” and an average price target of $359.26.

Chipotle Mexican Grill, Inc. (NYSE CMG) opened at $337.53 on Friday. Chipotle Mexican Grill, Inc. has a 12-month low of $263.00 and a 12-month high of $499.00. The firm has a market capitalization of $9,447.58, a PE ratio of 65.41, a P/E/G ratio of 2.00 and a beta of 0.50.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, October 24th. The restaurant operator reported $1.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.24 by ($0.91). Chipotle Mexican Grill had a return on equity of 11.80% and a net margin of 3.37%. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter last year, the company posted $0.56 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. analysts expect that Chipotle Mexican Grill, Inc. will post 6.58 EPS for the current fiscal year.

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Chipotle Mexican Grill Company 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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