Universal Beteiligungs und Servicegesellschaft mbH Sells 164,938 Shares of Chipotle Mexican Grill, Inc. $CMG

Universal Beteiligungs und Servicegesellschaft mbH decreased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 7.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,972,709 shares of the restaurant operator’s stock after selling 164,938 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.15% of Chipotle Mexican Grill worth $77,310,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Chipotle Mexican Grill by 148.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,350 shares of the restaurant operator’s stock valued at $134,000 after purchasing an additional 2,000 shares in the last quarter. Sage Mountain Advisors LLC raised its holdings in shares of Chipotle Mexican Grill by 7.4% in the 3rd quarter. Sage Mountain Advisors LLC now owns 10,458 shares of the restaurant operator’s stock worth $410,000 after purchasing an additional 717 shares during the period. Root Financial Partners LLC purchased a new position in shares of Chipotle Mexican Grill during the 3rd quarter valued at $105,000. Horizon Bancorp Inc. IN boosted its position in Chipotle Mexican Grill by 48.9% during the third quarter. Horizon Bancorp Inc. IN now owns 5,865 shares of the restaurant operator’s stock worth $230,000 after purchasing an additional 1,927 shares during the period. Finally, Arkadios Wealth Advisors grew its stake in Chipotle Mexican Grill by 23.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 46,621 shares of the restaurant operator’s stock valued at $1,827,000 after buying an additional 8,810 shares in the last quarter. 91.30% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Stock Performance

Shares of CMG stock opened at $38.94 on Wednesday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $29.75 and a fifty-two week high of $59.57. The firm has a market cap of $51.49 billion, a P/E ratio of 34.46, a P/E/G ratio of 3.80 and a beta of 0.97. The business’s 50 day moving average price is $35.82 and its 200-day moving average price is $40.05.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, hitting analysts’ consensus estimates of $0.29. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.06 billion. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The firm’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 earnings per share. As a group, equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on CMG. JPMorgan Chase & Co. reduced their price target on shares of Chipotle Mexican Grill from $44.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Morgan Stanley cut their target price on shares of Chipotle Mexican Grill from $59.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Gordon Haskett downgraded Chipotle Mexican Grill from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 8th. Raymond James Financial upped their price objective on Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Chipotle Mexican Grill in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.16.

About Chipotle Mexican Grill

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.