23,593 Shares in Chipotle Mexican Grill, Inc. (NYSE:CMG) Purchased by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 23,593 shares of the restaurant operator’s stock, valued at approximately $1,423,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Alpha DNA Investment Management LLC increased its position in shares of Chipotle Mexican Grill by 1.2% during the 3rd quarter. Alpha DNA Investment Management LLC now owns 13,644 shares of the restaurant operator’s stock worth $786,000 after purchasing an additional 168 shares during the last quarter. Tortoise Investment Management LLC boosted its holdings in Chipotle Mexican Grill by 14.0% during the 4th quarter. Tortoise Investment Management LLC now owns 1,436 shares of the restaurant operator’s stock valued at $87,000 after acquiring an additional 176 shares during the period. Traynor Capital Management Inc. boosted its holdings in Chipotle Mexican Grill by 2.5% during the 4th quarter. Traynor Capital Management Inc. now owns 7,522 shares of the restaurant operator’s stock valued at $454,000 after acquiring an additional 181 shares during the period. BTC Capital Management Inc. boosted its holdings in Chipotle Mexican Grill by 1.9% during the 4th quarter. BTC Capital Management Inc. now owns 9,969 shares of the restaurant operator’s stock valued at $601,000 after acquiring an additional 184 shares during the period. Finally, Revolve Wealth Partners LLC boosted its stake in shares of Chipotle Mexican Grill by 4.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after buying an additional 214 shares during the period. 91.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CMG has been the subject of several recent analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $75.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Evercore ISI boosted their target price on Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Wells Fargo & Company decreased their target price on Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Morgan Stanley upgraded Chipotle Mexican Grill from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $65.00 to $70.00 in a research note on Monday, March 3rd. Finally, Wedbush decreased their target price on Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating for the company in a research note on Wednesday, February 5th. Eight research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.67.

Chipotle Mexican Grill Trading Up 0.0 %

NYSE:CMG opened at $49.00 on Friday. The firm has a market cap of $66.41 billion, a P/E ratio of 44.14, a PEG ratio of 2.04 and a beta of 1.27. The stock’s 50 day simple moving average is $54.69 and its 200-day simple moving average is $57.71. Chipotle Mexican Grill, Inc. has a 12-month low of $47.55 and a 12-month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

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.