D. Scott Neal adds Chipotle Mexican Grill (CMG) to its portfolio

Chipotle Mexican Grill (CMG) : D. Scott Neal added new position in Chipotle Mexican Grill during the most recent quarter end. The investment management firm now holds 200 shares of Chipotle Mexican Grill which is valued at $83,936 , the company said in a statement filed on Jul 19, 2016 with the SEC.Chipotle Mexican Grill makes up approximately 0.07% of D. Scott Neal’s portfolio.

Other Hedge Funds, Including , Trust Co Of Vermont boosted its stake in CMG in the latest quarter, The investment management firm added 95 additional shares and now holds a total of 185 shares of Chipotle Mexican Grill which is valued at $77,641. Chipotle Mexican Grill makes up approx 0.01% of Trust Co Of Vermont’s portfolio.Windward Capital Management Co Ca boosted its stake in CMG in the latest quarter, The investment management firm added 229 additional shares and now holds a total of 34,076 shares of Chipotle Mexican Grill which is valued at $13,933,676. Chipotle Mexican Grill makes up approx 2.61% of Windward Capital Management Co Ca’s portfolio.Benjamin F. Edwards Company boosted its stake in CMG in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 110 shares of Chipotle Mexican Grill which is valued at $45,829. Chipotle Mexican Grill makes up approx 0.01% of Benjamin F. Edwards Company’s portfolio.Raymond James Trust N.a. boosted its stake in CMG in the latest quarter, The investment management firm added 297 additional shares and now holds a total of 881 shares of Chipotle Mexican Grill which is valued at $352,145. Chipotle Mexican Grill makes up approx 0.03% of Raymond James Trust N.a.’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.

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