Windward Capital Management Co. CA decreased its stake in shares of Chipotle Mexican Grill Inc. (NYSE:CMG) by 10.7% during the third quarter, Holdings Channel reports. The institutional investor owned 30,421 shares of the company’s stock after selling 3,655 shares during the period. Chipotle Mexican Grill comprises 2.4% of Windward Capital Management Co. CA’s investment portfolio, making the stock its 18th largest position. Windward Capital Management Co. CA’s holdings in Chipotle Mexican Grill were worth $12,884,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Ruane Cunniff & Goldfarb Inc. raised its position in Chipotle Mexican Grill by 522.5% in the second quarter. Ruane Cunniff & Goldfarb Inc. now owns 584,367 shares of the company’s stock valued at $235,360,000 after buying an additional 490,487 shares during the period. Generation Investment Management LLP acquired a new stake in shares of Chipotle Mexican Grill during the second quarter worth $230,936,000. TIAA CREF Investment Management LLC raised its stake in shares of Chipotle Mexican Grill by 17.3% in the second quarter. TIAA CREF Investment Management LLC now owns 428,415 shares of the company’s stock worth $172,548,000 after buying an additional 63,204 shares during the last quarter. BlackRock Advisors LLC raised its stake in shares of Chipotle Mexican Grill by 63.6% in the second quarter. BlackRock Advisors LLC now owns 342,178 shares of the company’s stock worth $137,816,000 after buying an additional 132,993 shares during the last quarter. Finally, BlackRock Group LTD raised its stake in shares of Chipotle Mexican Grill by 13.1% in the second quarter. BlackRock Group LTD now owns 304,345 shares of the company’s stock worth $122,578,000 after buying an additional 35,153 shares during the last quarter. Hedge funds and other institutional investors own 99.89% of the company’s stock.

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

Chipotle Mexican Grill Inc. (NYSE:CMG) traded up 1.1459% on Wednesday, reaching $399.6375. The company had a trading volume of 380,149 shares. The stock has a 50 day moving average of $395.85 and a 200 day moving average of $410.94. Chipotle Mexican Grill Inc. has a 12 month low of $352.96 and a 12 month high of $589.15. The firm has a market capitalization of $11.57 billion, a PE ratio of 161.4045 and a beta of 0.60.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, October 25th. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.59 by $1.32. Chipotle Mexican Grill had a return on equity of 5.46% and a net margin of 1.94%. The business earned $1.04 billion during the quarter, compared to analyst estimates of $13.71 million. During the same quarter last year, the firm posted $4.59 EPS. The company’s revenue was down 14.8% compared to the same quarter last year. On average, analysts anticipate that Chipotle Mexican Grill Inc. will post $1.58 EPS for the current year.

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A number of brokerages have recently weighed in on CMG. Wells Fargo & Co. restated an “outperform” rating and set a $450.00 price target (down previously from $510.00) on shares of Chipotle Mexican Grill in a research note on Friday, October 21st. Vetr upgraded Chipotle Mexican Grill from a “hold” rating to a “buy” rating and set a $387.77 price target on the stock in a research note on Wednesday, October 26th. Goldman Sachs Group Inc. restated a “neutral” rating and set a $490.00 price target (up previously from $445.00) on shares of Chipotle Mexican Grill in a research note on Thursday, October 27th. Wedbush restated an “underperform” rating and set a $370.00 price target on shares of Chipotle Mexican Grill in a research note on Wednesday, October 26th. Finally, BTIG Research restated a “neutral” rating on shares of Chipotle Mexican Grill in a research note on Wednesday, October 26th. Nine investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $448.86.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, 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. The Company operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany.

5 Day Chart for NYSE:CMG

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