Traders bought shares of Chipotle Mexican Grill Inc. (NYSE:CMG) on weakness during trading on Tuesday. $201.20 million flowed into the stock on the tick-up and $154.62 million flowed out of the stock on the tick-down, for a money net flow of $46.58 million into the stock. Of all companies tracked, Chipotle Mexican Grill had the 7th highest net in-flow for the day. Chipotle Mexican Grill traded down ($2.34) for the day and closed at $400.42

A number of brokerages have recently issued reports on CMG. Vetr raised Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and set a $446.39 target price on the stock in a research report on Tuesday, August 9th. Zacks Investment Research lowered Chipotle Mexican Grill from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Goldman Sachs Group Inc. dropped their target price on Chipotle Mexican Grill from $490.00 to $445.00 and set a “neutral” rating on the stock in a research report on Monday, July 25th. BTIG Research reaffirmed a “neutral” rating on shares of Chipotle Mexican Grill in a research report on Monday, July 18th. Finally, Jefferies Group reaffirmed an “underperform” rating and set a $330.00 target price (down from $350.00) on shares of Chipotle Mexican Grill in a research report on Monday, July 25th. Seven equities research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and fifteen have issued a buy rating to the company. Chipotle Mexican Grill currently has a consensus rating of “Hold” and an average price target of $481.78.

The stock has a market capitalization of $11.66 billion, a P/E ratio of 57.69 and a beta of 0.59. The stock’s 50 day moving average price is $408.07 and its 200-day moving average price is $431.75.

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Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Thursday, July 21st. The company reported $0.87 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.93 by $0.06. The firm earned $998.40 million during the quarter, compared to analyst estimates of $1.06 billion. Chipotle Mexican Grill had a return on equity of 11.22% and a net margin of 5.24%. On average, equities analysts predict that Chipotle Mexican Grill Inc. will post $0.24 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of CMG. Tokio Marine Asset Management Co. Ltd. raised its stake in Chipotle Mexican Grill by 0.6% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,094 shares of the company’s stock valued at $441,000 after buying an additional 6 shares during the period. Iron Financial LLC raised its stake in shares of Chipotle Mexican Grill by 1.9% in the second quarter. Iron Financial LLC now owns 687 shares of the company’s stock worth $277,000 after buying an additional 13 shares during the last quarter. Bank of Nova Scotia raised its stake in shares of Chipotle Mexican Grill by 3.4% in the second quarter. Bank of Nova Scotia now owns 608 shares of the company’s stock worth $245,000 after buying an additional 20 shares during the last quarter. Gagnon Securities LLC raised its stake in shares of Chipotle Mexican Grill by 1.3% in the second quarter. Gagnon Securities LLC now owns 1,583 shares of the company’s stock worth $638,000 after buying an additional 20 shares during the last quarter. Finally, WFG Advisors LP raised its stake in shares of Chipotle Mexican Grill by 7.2% in the second quarter. WFG Advisors LP now owns 298 shares of the company’s stock worth $120,000 after buying an additional 20 shares during the last quarter. Institutional investors own 96.65% of the company’s stock.

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Company operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany.

5 Day Chart for NYSE:CMG

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