Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Sold by Sherbrooke Park Advisers LLC

Sherbrooke Park Advisers LLC trimmed its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 20.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,329 shares of the restaurant operator’s stock after selling 1,329 shares during the period. Sherbrooke Park Advisers LLC’s holdings in Chipotle Mexican Grill were worth $321,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Ethos Financial Group LLC acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $31,000. Sound Income Strategies LLC lifted its stake in shares of Chipotle Mexican Grill by 1,110.0% in the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 555 shares during the period. Murphy & Mullick Capital Management Corp acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $38,000. Financial Life Planners acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $45,000. Finally, Oakworth Capital Inc. acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at $50,000. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Up 0.5%

Chipotle Mexican Grill stock opened at $52.32 on Monday. Chipotle Mexican Grill, Inc. has a 52-week low of $44.46 and a 52-week high of $69.26. The company has a fifty day simple moving average of $49.72 and a 200-day simple moving average of $55.42. The firm has a market capitalization of $70.49 billion, a price-to-earnings ratio of 47.12, a PEG ratio of 2.04 and a beta of 1.11.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. The firm had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.98 billion. During the same quarter in the prior year, the firm posted $13.37 earnings per share. Chipotle Mexican Grill’s quarterly revenue was up 6.4% on a year-over-year basis. On average, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Wells Fargo & Company decreased their target price on shares of Chipotle Mexican Grill from $70.00 to $60.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Wedbush decreased their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating for the company in a research note on Wednesday, February 5th. Evercore ISI reduced their price objective on shares of Chipotle Mexican Grill from $64.00 to $57.00 and set an “outperform” rating for the company in a research report on Thursday, April 24th. Morgan Stanley reduced their price objective on shares of Chipotle Mexican Grill from $67.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, April 24th. Finally, Robert W. Baird reduced their price objective on shares of Chipotle Mexican Grill from $62.00 to $56.00 and set an “outperform” rating for the company in a research report on Thursday, April 24th. Nine analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $61.74.

Chipotle Mexican Grill Company Profile

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.