Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by APG Asset Management N.V.

APG Asset Management N.V. raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 290.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 985,968 shares of the restaurant operator's stock after purchasing an additional 733,532 shares during the period. APG Asset Management N.V. owned 0.07% of Chipotle Mexican Grill worth $57,416,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Alliancebernstein L.P. lifted its stake in Chipotle Mexican Grill by 29.5% in the 4th quarter. Alliancebernstein L.P. now owns 30,100,520 shares of the restaurant operator's stock valued at $1,815,061,000 after buying an additional 6,853,470 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Chipotle Mexican Grill by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 28,476,031 shares of the restaurant operator's stock valued at $1,712,238,000 after acquiring an additional 395,053 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Chipotle Mexican Grill by 0.8% during the fourth quarter. American Century Companies Inc. now owns 20,236,980 shares of the restaurant operator's stock valued at $1,220,290,000 after acquiring an additional 166,767 shares during the last quarter. Norges Bank purchased a new stake in Chipotle Mexican Grill during the 4th quarter worth about $1,093,345,000. Finally, Franklin Resources Inc. raised its stake in Chipotle Mexican Grill by 2.9% in the 3rd quarter. Franklin Resources Inc. now owns 13,661,937 shares of the restaurant operator's stock valued at $805,692,000 after purchasing an additional 381,873 shares during the last quarter. Hedge funds and other institutional investors own 91.31% of the company's stock.

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Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG traded down $0.55 during trading on Friday, hitting $49.73. The company's stock had a trading volume of 14,462,022 shares, compared to its average volume of 13,426,212. The company has a market capitalization of $67.39 billion, a PE ratio of 44.79, a PEG ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a fifty-two week low of $44.46 and a fifty-two week high of $69.26. The stock's 50-day moving average price is $51.79 and its two-hundred day moving average price is $56.88.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced 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%. On average, equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Robert W. Baird lowered their price target on shares of Chipotle Mexican Grill from $68.00 to $62.00 and set an "outperform" rating for the company in a report on Monday, April 7th. Raymond James cut their price target on Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating for the company in a report on Tuesday, January 28th. Cfra upgraded Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and raised their price objective for the stock from $59.00 to $73.00 in a report on Wednesday, February 5th. Barclays dropped their target price on Chipotle Mexican Grill from $63.00 to $60.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus decreased their price target on Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating on the stock in a research note on Wednesday, March 19th. Eight investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $66.10.

Chipotle Mexican Grill Profile

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.