F M Investments LLC Purchases 12,817 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

F M Investments LLC raised its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 11.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,787 shares of the restaurant operator's stock after acquiring an additional 12,817 shares during the period. F M Investments LLC's holdings in Chipotle Mexican Grill were worth $7,645,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CMG. Ethos Financial Group LLC acquired a new stake in Chipotle Mexican Grill in the fourth quarter valued at approximately $31,000. Sound Income Strategies LLC lifted its position in 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 purchasing an additional 555 shares during the period. Murphy & Mullick Capital Management Corp purchased a new stake in Chipotle Mexican Grill in the fourth quarter valued at $38,000. Financial Life Planners acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at about $45,000. Finally, Oakworth Capital Inc. purchased a new stake in shares of Chipotle Mexican Grill in the fourth quarter worth about $50,000. Institutional investors own 91.31% of the company's stock.

Analyst Ratings Changes

CMG has been the subject of several analyst reports. Barclays decreased their target price on shares of 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. Wedbush reduced their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 5th. Oppenheimer raised their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an "outperform" rating in a report on Tuesday, January 7th. Sanford C. Bernstein reissued an "outperform" rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Finally, Stephens reduced their price objective on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 5th. Eight investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $65.74.

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Chipotle Mexican Grill Trading Down 2.0 %

Chipotle Mexican Grill stock traded down $1.02 during trading hours on Monday, reaching $48.74. 5,999,666 shares of the stock were exchanged, compared to its average volume of 13,398,191. The stock has a 50 day moving average of $51.79 and a two-hundred day moving average of $56.88. The company has a market cap of $66.06 billion, a P/E ratio of 43.90, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a twelve month low of $44.46 and a twelve month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. On average, analysts expect 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.