Capital Advisors Ltd. LLC Purchases 254 Shares of Chipotle Mexican Grill, Inc. $CMG

Capital Advisors Ltd. LLC grew its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 7.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,454 shares of the restaurant operator’s stock after purchasing an additional 254 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Chipotle Mexican Grill were worth $194,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Chipotle Mexican Grill by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 122,463,327 shares of the restaurant operator’s stock valued at $6,148,884,000 after purchasing an additional 1,597,287 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Chipotle Mexican Grill by 7.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,827,332 shares of the restaurant operator’s stock valued at $2,853,302,000 after purchasing an additional 4,027,016 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Chipotle Mexican Grill by 8.0% in the 1st quarter. Alliancebernstein L.P. now owns 32,505,318 shares of the restaurant operator’s stock valued at $1,632,092,000 after purchasing an additional 2,404,798 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Chipotle Mexican Grill by 2.1% in the 1st quarter. American Century Companies Inc. now owns 20,662,628 shares of the restaurant operator’s stock valued at $1,037,471,000 after purchasing an additional 425,648 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Chipotle Mexican Grill by 8.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,111,416 shares of the restaurant operator’s stock valued at $557,904,000 after purchasing an additional 833,760 shares during the last quarter. 91.30% of the stock is owned by institutional investors.

Chipotle Mexican Grill Trading Down 0.2%

CMG opened at $40.88 on Friday. The company’s fifty day moving average price is $41.24 and its two-hundred day moving average price is $47.72. Chipotle Mexican Grill, Inc. has a 1-year low of $38.30 and a 1-year high of $66.74. The company has a market cap of $54.82 billion, a price-to-earnings ratio of 36.50, a PEG ratio of 2.09 and a beta of 0.99.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Wednesday, July 23rd. The restaurant operator reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.01. Chipotle Mexican Grill had a net margin of 13.32% and a return on equity of 43.50%. The firm had revenue of $3.06 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same quarter in the prior year, the company posted $0.34 earnings per share. The business’s revenue was up 3.0% on a year-over-year basis. As a group, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CMG. UBS Group increased their target price on shares of Chipotle Mexican Grill from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, July 17th. Evercore ISI cut their target price on shares of Chipotle Mexican Grill from $57.00 to $53.00 and set an “outperform” rating on the stock in a research note on Tuesday. Stephens reissued an “equal weight” rating and set a $60.00 target price on shares of Chipotle Mexican Grill in a research note on Monday, September 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Chipotle Mexican Grill in a research note on Wednesday. Finally, Stifel Nicolaus cut their target price on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, September 9th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.28.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.