Ausdal Financial Partners Inc. acquired a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 894 shares of the restaurant operator’s stock, valued at approximately $275,000.

Several other hedge funds also recently bought and sold shares of CMG. Teachers Advisors LLC increased its position in shares of Chipotle Mexican Grill by 2.6% in the first quarter. Teachers Advisors LLC now owns 67,991 shares of the restaurant operator’s stock worth $30,291,000 after purchasing an additional 1,692 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Chipotle Mexican Grill by 6.0% in the first quarter. AQR Capital Management LLC now owns 17,692 shares of the restaurant operator’s stock worth $7,882,000 after purchasing an additional 999 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. increased its position in shares of Chipotle Mexican Grill by 84.5% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 369 shares of the restaurant operator’s stock worth $164,000 after purchasing an additional 169 shares during the last quarter. Janus Capital Management LLC increased its position in shares of Chipotle Mexican Grill by 1.2% in the first quarter. Janus Capital Management LLC now owns 27,514 shares of the restaurant operator’s stock worth $12,258,000 after purchasing an additional 314 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its position in shares of Chipotle Mexican Grill by 7.7% in the first quarter. Nomura Asset Management Co. Ltd. now owns 3,497 shares of the restaurant operator’s stock worth $1,558,000 after purchasing an additional 251 shares during the last quarter. Institutional investors own 89.51% of the company’s stock.

Chipotle Mexican Grill, Inc. (NYSE:CMG) traded up $3.33 during midday trading on Friday, reaching $273.53. The company had a trading volume of 1,183,046 shares, compared to its average volume of 1,610,000. Chipotle Mexican Grill, Inc. has a one year low of $264.90 and a one year high of $499.00. The stock has a market cap of $7.72 billion, a PE ratio of 48.18, a PEG ratio of 2.42 and a beta of 0.44.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Tuesday, October 24th. The restaurant operator reported $1.33 EPS for the quarter, missing the Zacks’ 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 during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the prior year, the firm posted $0.56 earnings per share. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. equities analysts predict that Chipotle Mexican Grill, Inc. will post 6.59 EPS for the current year.

A number of research analysts have commented on CMG shares. Maxim Group upgraded shares of Chipotle Mexican Grill from a “hold” rating to a “buy” rating and increased their price target for the company from $440.00 to $470.00 in a research report on Tuesday, July 18th. Mizuho set a $533.00 price target on shares of Chipotle Mexican Grill and gave the company a “buy” rating in a research report on Monday, July 17th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $505.00 price target (down from $520.00) on shares of Chipotle Mexican Grill in a research report on Wednesday, July 26th. William Blair reiterated a “buy” rating on shares of Chipotle Mexican Grill in a research report on Thursday, August 24th. Finally, Piper Jaffray Companies set a $510.00 price target on shares of Chipotle Mexican Grill and gave the company a “buy” rating in a research report on Wednesday, October 11th. Eight equities research analysts have rated the stock with a sell rating, twenty-two have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $356.06.

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About Chipotle Mexican Grill

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.

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

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