Great West Life Assurance Co. Can Buys 1,019 Shares of Chipotle Mexican Grill, Inc. (CMG)

Great West Life Assurance Co. Can boosted its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 2.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,572 shares of the restaurant operator’s stock after purchasing an additional 1,019 shares during the period. Great West Life Assurance Co. Can owned about 0.16% of Chipotle Mexican Grill worth $13,875,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CMG. Cutter & CO Brokerage Inc. grew its holdings in Chipotle Mexican Grill by 1.3% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 763 shares of the restaurant operator’s stock worth $317,000 after acquiring an additional 10 shares during the period. Simmons Bank grew its holdings in 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 acquiring an additional 14 shares during the period. Pacer Advisors Inc. grew its holdings in 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 acquiring an additional 29 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Chipotle Mexican Grill by 0.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,012 shares of the restaurant operator’s stock worth $2,085,000 after acquiring an additional 33 shares during the period. Finally, Sii Investments Inc. WI grew its holdings in 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 acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 88.69% of the company’s stock.

Chipotle Mexican Grill, Inc. (CMG) opened at $307.59 on Monday. Chipotle Mexican Grill, Inc. has a 1 year low of $263.00 and a 1 year high of $499.00. The company has a market cap of $8,684.16, a P/E ratio of 53.03, a price-to-earnings-growth ratio of 2.65 and a beta of 0.49.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, October 24th. The restaurant operator reported $1.33 EPS 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 firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the business earned $0.56 EPS. Chipotle Mexican Grill’s quarterly revenue was up 8.8% compared to the same quarter last year. equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 6.63 earnings per share for the current year.

A number of analysts have weighed in on the company. Canaccord Genuity reiterated a “hold” rating and set a $325.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, November 29th. Credit Suisse Group reiterated a “neutral” rating and set a $263.00 price target (down from $301.99) on shares of Chipotle Mexican Grill in a report on Thursday. Wedbush reiterated a “hold” rating and set a $290.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, November 29th. William Blair downgraded Chipotle Mexican Grill from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 29th. Finally, Zacks Investment Research upgraded Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a report on Thursday, November 16th. Seven 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 stock. Chipotle Mexican Grill has a consensus rating of “Hold” and a consensus target price of $355.69.

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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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