Oppenheimer & Co. Inc. lowered its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 55.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,280 shares of the restaurant operator’s stock after selling 2,852 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Chipotle Mexican Grill were worth $659,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cognios Capital LLC acquired a new stake in Chipotle Mexican Grill during the fourth quarter valued at approximately $1,885,000. California Public Employees Retirement System raised its stake in Chipotle Mexican Grill by 34.7% during the fourth quarter. California Public Employees Retirement System now owns 81,009 shares of the restaurant operator’s stock valued at $23,414,000 after buying an additional 20,863 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in Chipotle Mexican Grill during the fourth quarter valued at approximately $2,016,000. PenderFund Capital Management Ltd. acquired a new stake in Chipotle Mexican Grill during the fourth quarter valued at approximately $4,779,000. Finally, Tokio Marine Asset Management Co. Ltd. raised its stake in Chipotle Mexican Grill by 28.8% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,786 shares of the restaurant operator’s stock valued at $1,672,000 after buying an additional 1,295 shares in the last quarter. Hedge funds and other institutional investors own 88.88% of the company’s stock.
In other Chipotle Mexican Grill news, Director Paul T. Cappuccio acquired 500 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was acquired at an average cost of $290.88 per share, with a total value of $145,440.00. Following the acquisition, the director now directly owns 766 shares of the company’s stock, valued at approximately $222,814.08. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 2.01% of the company’s stock.
Chipotle Mexican Grill, Inc. (NYSE:CMG) opened at $317.57 on Wednesday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $247.51 and a fifty-two week high of $499.00. The stock has a market capitalization of $8,536.33, a P/E ratio of 46.38, a P/E/G ratio of 2.09 and a beta of 0.59.
Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.02. Chipotle Mexican Grill had a return on equity of 13.44% and a net margin of 3.94%. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the company posted $0.55 EPS. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. sell-side analysts anticipate that Chipotle Mexican Grill, Inc. will post 8.32 EPS for the current year.
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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.
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