Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by HUB Investment Partners LLC

HUB Investment Partners LLC lifted its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 65.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,759 shares of the restaurant operator's stock after buying an additional 15,665 shares during the period. HUB Investment Partners LLC's holdings in Chipotle Mexican Grill were worth $2,397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CMG. Ethos Financial Group LLC purchased a new stake in Chipotle Mexican Grill in the 4th quarter valued at $31,000. Sound Income Strategies LLC grew its holdings in shares of Chipotle Mexican Grill by 1,110.0% in 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. Truvestments Capital LLC purchased a new stake in shares of Chipotle Mexican Grill in the third quarter valued at about $37,000. Financial Life Planners acquired a new stake in Chipotle Mexican Grill during the fourth quarter worth about $45,000. Finally, Oakworth Capital Inc. purchased a new position in Chipotle Mexican Grill during the fourth quarter worth about $50,000. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on CMG shares. Wells Fargo & Company dropped their price target on shares of Chipotle Mexican Grill from $75.00 to $70.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Loop Capital upgraded Chipotle Mexican Grill from a "hold" rating to a "buy" rating and increased their price objective for the stock from $58.00 to $65.00 in a research report on Friday, March 14th. Stephens cut their target price on 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. Oppenheimer upped their price target on Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. Finally, Citigroup increased their price target on Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a "buy" rating in a report on Wednesday, February 5th. Eight equities research 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. Based on data from MarketBeat, Chipotle Mexican Grill currently has a consensus rating of "Moderate Buy" and a consensus price target of $66.67.

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Chipotle Mexican Grill Stock Performance

CMG stock traded down $0.11 during mid-day trading on Tuesday, reaching $49.49. The company had a trading volume of 11,348,955 shares, compared to its average volume of 13,047,992. The firm has a fifty day simple moving average of $54.40 and a 200 day simple moving average of $57.70. The company has a market capitalization of $67.08 billion, a price-to-earnings ratio of 44.58, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.55 and a fifty-two week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share 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%. As a group, analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current 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.