Los Angeles Capital Management LLC Has $2.56 Million Stock Holdings in Chipotle Mexican Grill, Inc. $CMG

Los Angeles Capital Management LLC trimmed its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 53.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 69,085 shares of the restaurant operator’s stock after selling 78,350 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Chipotle Mexican Grill were worth $2,556,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Nova Scotia increased its position in Chipotle Mexican Grill by 11.0% in the 3rd quarter. Bank of Nova Scotia now owns 475,672 shares of the restaurant operator’s stock valued at $18,642,000 after acquiring an additional 47,241 shares during the period. Klein Pavlis & Peasley Financial Inc. acquired a new position in Chipotle Mexican Grill in the 4th quarter valued at approximately $1,597,000. Norges Bank acquired a new position in Chipotle Mexican Grill in the 4th quarter valued at approximately $711,837,000. Crescent Park Management L.P. acquired a new position in Chipotle Mexican Grill in the 3rd quarter valued at approximately $5,911,000. Finally, WINTON GROUP Ltd increased its position in Chipotle Mexican Grill by 269.6% in the 3rd quarter. WINTON GROUP Ltd now owns 379,886 shares of the restaurant operator’s stock valued at $14,888,000 after acquiring an additional 277,090 shares during the period. 91.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CMG has been the subject of several recent research reports. Royal Bank Of Canada restated an “outperform” rating and issued a $45.00 price target on shares of Chipotle Mexican Grill in a research report on Thursday, April 30th. Wall Street Zen upgraded shares of Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Stifel Nicolaus reiterated a “buy” rating on shares of Chipotle Mexican Grill in a research report on Monday, March 9th. Barclays decreased their price objective on shares of Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating for the company in a research report on Thursday, April 30th. Finally, Citigroup increased their price objective on shares of Chipotle Mexican Grill from $44.00 to $46.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Twenty-four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $45.48.

Key Chipotle Mexican Grill News

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Chipotle launched its first-ever Matchday BOGO promotion for fans wearing soccer jerseys in the U.S., Canada and U.K., along with a limited-edition jersey and Rewards badge, which may help drive customer visits and brand engagement. Article Title
• Positive Sentiment: Chipotle’s ongoing loyalty and community efforts, including fundraising tied to “No Kid Hungry,” reinforce the brand and may support customer goodwill. Article Title
• Neutral Sentiment: Some commentary suggests CMG may be a “hold” after its recent slump, indicating investors are waiting for clearer signs of a turnaround. Article Title
• Neutral Sentiment: Articles focused on Chipotle’s valuation and recent share-performance softness highlight fading momentum and weaker year-to-date returns, keeping investor sentiment cautious. Article Title
• Negative Sentiment: Bearish takes arguing that CMG is too expensive given weak comps growth and macro headwinds add pressure to the stock. Article Title
• Negative Sentiment: Another Seeking Alpha piece argued the recent plunge still hasn’t made Chipotle attractive enough, reinforcing concerns that the shares remain under pressure. Article Title

Chipotle Mexican Grill Stock Up 2.0%

Shares of NYSE CMG opened at $29.87 on Wednesday. The firm has a market cap of $38.31 billion, a PE ratio of 27.40, a P/E/G ratio of 1.88 and a beta of 0.99. Chipotle Mexican Grill, Inc. has a 12-month low of $28.03 and a 12-month high of $58.42. The company’s fifty day simple moving average is $32.79 and its 200 day simple moving average is $35.21.

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