Chipotle Mexican Grill (CMG) : Simplex Trading added new position in Chipotle Mexican Grill during the most recent quarter end. The investment management firm now holds 18,652 shares of Chipotle Mexican Grill which is valued at $7,827,871 , the company said in a statement filed on Jul 18, 2016 with the SEC.Chipotle Mexican Grill makes up approximately 0.99% of Simplex Trading’s portfolio.
Other Hedge Funds, Including , Ruane Cunniff Goldfarb Inc boosted its stake in CMG in the latest quarter, The investment management firm added 490,487 additional shares and now holds a total of 584,367 shares of Chipotle Mexican Grill which is valued at $238,947,666. Chipotle Mexican Grill makes up approx 2.21% of Ruane Cunniff Goldfarb Inc’s portfolio. First Western Capital Management Co sold out all of its stake in CMG during the most recent quarter. The investment firm sold 2,010 shares of CMG which is valued $837,426.First American Trust Fsb boosted its stake in CMG in the latest quarter, The investment management firm added 2,235 additional shares and now holds a total of 4,305 shares of Chipotle Mexican Grill which is valued at $1,720,752. Chipotle Mexican Grill makes up approx 0.60% of First American Trust Fsb’s portfolio.
Chipotle Mexican Grill opened for trading at $415.24 and hit $420.62 on the upside on Wednesday, eventually ending the session at $419.68, with a gain of 1.05% or 4.37 points. The heightened volatility saw the trading volume jump to 8,46,918 shares. Company has a market cap of $12,255 M.
On the company’s financial health, Chipotle Mexican Grill reported $-0.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.17 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $-1.05. The company had revenue of $834.50 million for the quarter, compared to analysts expectations of $863.24 million. The company’s revenue was down -23.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $3.88 EPS.
Many Wall Street Analysts have commented on Chipotle Mexican Grill. Chipotle Mexican Grill was Upgraded by CLSA to ” Outperform” on Jul 19, 2016. Company shares were Reiterated by Maxim Group on Jul 18, 2016 to “Sell”, Firm has raised the Price Target to $ 300 from a previous price target of $285 .Shares were Downgraded by Morgan Stanley on Jul 15, 2016 to ” Equal-Weight” and Lowered the Price Target to $ 405 from a previous price target of $500 .
Chipotle Mexican Grill Inc. (Chipotle) develops and operates Chipotle Mexican Grill restaurants which serve a focused menu of burritos tacos burrito bowls (a burrito without the tortilla) and salads. The Company operates 1755 restaurants in the United States seven in Canada six in England three in France and one in Germany. The Company’s restaurants also include nine ShopHouse Southeast Asian Kitchen restaurants. The Company owns and operates two Pizzeria Locale restaurants a fast casual pizza concept. It also provides a variety of extras such as guacamole salsas and tortilla chips seasoned with fresh lime juice and kosher salt. Its restaurants also offer sodas fruit drinks organic milk beer and margaritas. The average restaurant size is about 2550 square feet and seats about 58 people. The Company’s restaurants also feature outdoor patio space. The Company’s restaurants accept orders by fax online or through an iPhone or Android ordering application.