Stifel Financial Corp Grows Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Stifel Financial Corp boosted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 3.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,402,522 shares of the restaurant operator's stock after acquiring an additional 87,129 shares during the period. Stifel Financial Corp owned 0.18% of Chipotle Mexican Grill worth $144,872,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Ethos Financial Group LLC acquired a new position in Chipotle Mexican Grill during the 4th quarter valued at about $31,000. Sound Income Strategies LLC boosted its position in shares of Chipotle Mexican Grill by 1,110.0% during the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock valued at $36,000 after buying an additional 555 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new stake in Chipotle Mexican Grill during the fourth quarter worth $38,000. Financial Life Planners purchased a new stake in Chipotle Mexican Grill in the 4th quarter valued at $45,000. Finally, Oakworth Capital Inc. bought a new position in Chipotle Mexican Grill during the 4th quarter valued at $50,000. Institutional investors and hedge funds own 91.31% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on CMG. Oppenheimer upped their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 7th. Wells Fargo & Company dropped their target price on shares of Chipotle Mexican Grill from $70.00 to $60.00 and set an "overweight" rating on the stock in a research report on Tuesday. UBS Group cut their target price on Chipotle Mexican Grill from $65.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday. Morgan Stanley dropped their price target on Chipotle Mexican Grill from $67.00 to $65.00 and set an "overweight" rating on the stock in a report on Thursday. Finally, Stifel Nicolaus reduced their price objective on Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating for the company in a research note on Wednesday, March 19th. Eight investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $61.96.

Chipotle Mexican Grill Stock Performance

NYSE CMG traded up $2.39 on Friday, hitting $51.93. The stock had a trading volume of 26,657,351 shares, compared to its average volume of 13,566,010. The firm has a 50-day moving average of $50.16 and a 200-day moving average of $56.33. Chipotle Mexican Grill, Inc. has a 52-week low of $44.46 and a 52-week high of $69.26. The company has a market capitalization of $70.38 billion, a price-to-earnings ratio of 46.78, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.98 billion. As a group, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

About Chipotle Mexican Grill

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.