Investors sold shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) on strength during trading hours on Thursday. $62.02 million flowed into the stock on the tick-up and $92.41 million flowed out of the stock on the tick-down, for a money net flow of $30.39 million out of the stock. Of all stocks tracked, Chipotle Mexican Grill had the 30th highest net out-flow for the day. Chipotle Mexican Grill traded up $3.70 for the day and closed at $325.50

A number of equities research analysts recently commented on the stock. Bank of America lowered shares of Chipotle Mexican Grill from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $390.00 to $285.00 in a report on Wednesday, October 18th. Deutsche Bank set a $250.00 price objective on shares of Chipotle Mexican Grill and gave the stock a “sell” rating in a report on Wednesday, October 18th. Barclays dropped their price objective on shares of Chipotle Mexican Grill from $370.00 to $325.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 18th. Nomura dropped their price objective on shares of Chipotle Mexican Grill to $338.00 and set a “neutral” rating on the stock in a report on Thursday, October 19th. Finally, SunTrust Banks set a $390.00 price objective on shares of Chipotle Mexican Grill and gave the stock a “buy” rating in a report on Thursday, October 19th. Six analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $357.00.

The firm has a market capitalization of $9,190.00, a PE ratio of 63.08, a P/E/G ratio of 1.92 and a beta of 0.50.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Tuesday, October 24th. The restaurant operator reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $2.24 by ($0.91). Chipotle Mexican Grill had a net margin of 3.37% and a return on equity of 11.80%. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the business earned $0.56 EPS. The business’s revenue was up 8.8% on a year-over-year basis. analysts anticipate that Chipotle Mexican Grill, Inc. will post 6.58 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in CMG. Simmons Bank boosted its holdings in shares of Chipotle Mexican Grill by 1.1% during the 2nd quarter. Simmons Bank now owns 1,257 shares of the restaurant operator’s stock worth $523,000 after buying an additional 14 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of Chipotle Mexican Grill by 6.2% during the 2nd quarter. Pacer Advisors Inc. now owns 498 shares of the restaurant operator’s stock worth $207,000 after buying an additional 29 shares during the period. Sii Investments Inc. WI boosted its holdings in shares of Chipotle Mexican Grill by 2.5% during the 2nd quarter. Sii Investments Inc. WI now owns 1,462 shares of the restaurant operator’s stock worth $600,000 after buying an additional 35 shares during the period. Suntrust Banks Inc. boosted its holdings in shares of Chipotle Mexican Grill by 4.7% during the 2nd quarter. Suntrust Banks Inc. now owns 940 shares of the restaurant operator’s stock worth $389,000 after buying an additional 42 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Chipotle Mexican Grill by 1.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,938 shares of the restaurant operator’s stock worth $1,223,000 after buying an additional 44 shares during the period. 88.43% of the stock is owned by institutional investors.

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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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