Leonteq Securities AG Makes New $3.73 Million Investment in Chipotle Mexican Grill, Inc. $CMG

Leonteq Securities AG bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 100,879 shares of the restaurant operator’s stock, valued at approximately $3,733,000.

Several other hedge funds also recently bought and sold shares of the stock. Financial Life Planners acquired a new stake in shares of Chipotle Mexican Grill during the third quarter worth about $25,000. Wealth Watch Advisors INC acquired a new stake in shares of Chipotle Mexican Grill during the third quarter worth about $25,000. Murphy & Mullick Capital Management Corp lifted its position in shares of Chipotle Mexican Grill by 106.7% during the third quarter. Murphy & Mullick Capital Management Corp now owns 775 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 400 shares in the last quarter. Winthrop Capital Management LLC acquired a new stake in shares of Chipotle Mexican Grill during the third quarter worth about $31,000. Finally, Ameriflex Group Inc. lifted its position in shares of Chipotle Mexican Grill by 109.4% during the third quarter. Ameriflex Group Inc. now owns 890 shares of the restaurant operator’s stock worth $35,000 after purchasing an additional 465 shares in the last quarter. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Raymond James Financial reduced their price target on shares of Chipotle Mexican Grill from $43.00 to $41.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 21st. KeyCorp reduced their price target on shares of Chipotle Mexican Grill from $45.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Wells Fargo & Company reduced their price target on shares of Chipotle Mexican Grill from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Zacks Research raised shares of Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Stephens increased their price target on shares of Chipotle Mexican Grill from $38.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Twenty-four investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.03.

Chipotle Mexican Grill Stock Down 0.3%

Shares of NYSE:CMG opened at $32.95 on Thursday. The firm’s 50 day moving average price is $33.38 and its 200 day moving average price is $35.22. The stock has a market cap of $42.27 billion, a price-to-earnings ratio of 30.23, a price-to-earnings-growth ratio of 2.13 and a beta of 1.03. Chipotle Mexican Grill, Inc. has a fifty-two week low of $29.75 and a fifty-two week high of $58.42.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. The firm had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Chipotle Mexican Grill had a net margin of 11.96% and a return on equity of 49.64%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.29 earnings per share. On average, equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current year.

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.