Mizuho Securities USA LLC Has $7.79 Million Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Mizuho Securities USA LLC grew its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 45.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 129,143 shares of the restaurant operator's stock after purchasing an additional 40,340 shares during the period. Mizuho Securities USA LLC's holdings in Chipotle Mexican Grill were worth $7,787,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. United Bank lifted its stake in shares of Chipotle Mexican Grill by 13.7% in the 3rd quarter. United Bank now owns 36,851 shares of the restaurant operator's stock worth $2,123,000 after acquiring an additional 4,451 shares during the period. Advisors Asset Management Inc. lifted its position in Chipotle Mexican Grill by 29.4% in the third quarter. Advisors Asset Management Inc. now owns 46,854 shares of the restaurant operator's stock worth $2,700,000 after purchasing an additional 10,638 shares during the period. Citizens Financial Group Inc. RI boosted its stake in Chipotle Mexican Grill by 21.8% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 3,896 shares of the restaurant operator's stock valued at $224,000 after purchasing an additional 696 shares in the last quarter. Banco Santander S.A. increased its position in shares of Chipotle Mexican Grill by 23.7% during the 3rd quarter. Banco Santander S.A. now owns 14,534 shares of the restaurant operator's stock valued at $837,000 after purchasing an additional 2,781 shares during the period. Finally, Eagle Asset Management Inc. bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter worth $2,315,000. 91.31% of the stock is currently owned by institutional investors.

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Chipotle Mexican Grill Price Performance

Shares of CMG traded down $0.11 on Tuesday, reaching $49.49. 9,316,905 shares of the stock traded hands, compared to its average volume of 13,047,992. The stock's 50-day moving average price is $54.40 and its 200-day moving average price is $57.70. The firm has a market cap of $67.08 billion, a price-to-earnings ratio of 44.58, a P/E/G ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12 month low of $47.55 and a 12 month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings data 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 net margin of 13.56% and a return on equity of 42.92%. As a group, equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CMG. JPMorgan Chase & Co. lowered their target price on Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating on the stock in a report on Thursday, March 20th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $70.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Evercore ISI boosted their price target on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an "outperform" rating in a report on Thursday, December 5th. Jefferies Financial Group raised their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a "hold" rating in a research note on Monday, December 16th. Finally, Cfra upgraded shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and lifted their target price for the company from $59.00 to $73.00 in a research note on Wednesday, February 5th. Eight investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $66.67.

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.