22,676 Shares in Chipotle Mexican Grill, Inc. $CMG Acquired by Vise Technologies Inc.

Vise Technologies Inc. bought a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 22,676 shares of the restaurant operator’s stock, valued at approximately $771,000.

A number of other institutional investors and hedge funds have also bought and sold shares of CMG. Revolve Wealth Partners LLC raised its position in 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 worth $290,000 after purchasing an additional 214 shares during the period. Groupama Asset Managment boosted its stake in shares of Chipotle Mexican Grill by 1.9% during the fourth quarter. Groupama Asset Managment now owns 15,596 shares of the restaurant operator’s stock valued at $568,000 after purchasing an additional 291 shares during the period. Catalyst Financial Partners LLC grew its holdings in shares of Chipotle Mexican Grill by 4.6% in the fourth quarter. Catalyst Financial Partners LLC now owns 6,763 shares of the restaurant operator’s stock worth $250,000 after purchasing an additional 298 shares during the last quarter. Citizens Financial Group Inc. RI grew its holdings in shares of Chipotle Mexican Grill by 2.5% in the first quarter. Citizens Financial Group Inc. RI now owns 12,708 shares of the restaurant operator’s stock worth $407,000 after purchasing an additional 311 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in Chipotle Mexican Grill by 14.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,523 shares of the restaurant operator’s stock worth $93,000 after acquiring an additional 316 shares during the last quarter. 91.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CMG has been the topic of a number of research analyst reports. BTIG Research restated a “buy” rating and set a $45.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, August 5th. Raymond James Financial reiterated an “outperform” rating and issued a $42.50 price objective on shares of Chipotle Mexican Grill in a report on Thursday, July 30th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Chipotle Mexican Grill in a research report on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a research note on Thursday, April 30th. Finally, Mizuho boosted their price objective on shares of Chipotle Mexican Grill from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Twenty-four analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.16.

Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG opened at $36.84 on Monday. The firm has a market capitalization of $46.62 billion, a P/E ratio of 33.80, a P/E/G ratio of 2.35 and a beta of 0.94. The stock has a 50 day moving average price of $33.80 and a 200-day moving average price of $33.96. Chipotle Mexican Grill, Inc. has a 52-week low of $28.03 and a 52-week high of $43.72.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.33 billion. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%.The firm’s revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.33 earnings per share. On average, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current fiscal 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.