Chipotle Mexican Grill, Inc. (CMG) Stake Maintained by Nationwide Fund Advisors

Nationwide Fund Advisors held its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,077 shares of the restaurant operator’s stock at the close of the 2nd quarter. Nationwide Fund Advisors’ holdings in Chipotle Mexican Grill were worth $3,361,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Covenant Asset Management LLC grew its position in shares of Chipotle Mexican Grill by 0.5% in the second quarter. Covenant Asset Management LLC now owns 2,187 shares of the restaurant operator’s stock valued at $910,000 after purchasing an additional 10 shares during the last quarter. Tufton Capital Management grew its position in shares of Chipotle Mexican Grill by 1.3% in the second quarter. Tufton Capital Management now owns 804 shares of the restaurant operator’s stock valued at $335,000 after purchasing an additional 10 shares during the last quarter. Cutter & CO Brokerage Inc. grew its position in shares of Chipotle Mexican Grill by 1.3% in the second quarter. Cutter & CO Brokerage Inc. now owns 763 shares of the restaurant operator’s stock valued at $317,000 after purchasing an additional 10 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Chipotle Mexican Grill by 2.4% in the first quarter. Pacer Advisors Inc. now owns 469 shares of the restaurant operator’s stock valued at $209,000 after purchasing an additional 11 shares during the last quarter. Finally, Highland Capital Management LLC grew its position in shares of Chipotle Mexican Grill by 0.6% in the second quarter. Highland Capital Management LLC now owns 2,961 shares of the restaurant operator’s stock valued at $1,232,000 after purchasing an additional 18 shares during the last quarter. 90.04% of the stock is currently owned by institutional investors.

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Several equities research analysts have recently issued reports on the company. BTIG Research reaffirmed a “neutral” rating on shares of Chipotle Mexican Grill in a research report on Tuesday, October 3rd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $350.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, October 3rd. Robert W. Baird reaffirmed a “hold” rating and issued a $340.00 price target (down from $385.00) on shares of Chipotle Mexican Grill in a research report on Tuesday, October 3rd. Stifel Nicolaus assumed coverage on Chipotle Mexican Grill in a research report on Monday, October 2nd. They issued a “hold” rating and a $345.00 price target on the stock. Finally, Cowen and Company reaffirmed an “underperform” rating and issued a $250.00 price target on shares of Chipotle Mexican Grill in a research report on Monday, October 2nd. Seven research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Chipotle Mexican Grill has an average rating of “Hold” and an average price target of $395.25.

Chipotle Mexican Grill, Inc. (NYSE CMG) opened at 310.88 on Wednesday. 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 is $309.95 and its 200-day moving average is $396.82. The company has a market cap of $8.86 billion, a PE ratio of 66.83 and a beta of 0.60.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Tuesday, July 25th. The restaurant operator reported $2.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.16 by $0.16. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.19 billion. Chipotle Mexican Grill had a net margin of 3.17% and a return on equity of 10.65%. The business’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.87 EPS. On average, analysts expect that Chipotle Mexican Grill, Inc. will post $7.52 EPS for the current fiscal year.

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.

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

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