Infusive Asset Management Inc. Acquires 42,788 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Infusive Asset Management Inc. increased its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 73.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 101,069 shares of the restaurant operator's stock after buying an additional 42,788 shares during the quarter. Chipotle Mexican Grill accounts for about 2.7% of Infusive Asset Management Inc.'s portfolio, making the stock its 16th biggest holding. Infusive Asset Management Inc.'s holdings in Chipotle Mexican Grill were worth $6,094,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Tortoise Investment Management LLC raised its holdings in Chipotle Mexican Grill by 14.0% during the fourth quarter. Tortoise Investment Management LLC now owns 1,436 shares of the restaurant operator's stock worth $87,000 after acquiring an additional 176 shares in the last quarter. Traynor Capital Management Inc. boosted its holdings in shares of Chipotle Mexican Grill by 2.5% in the 4th quarter. Traynor Capital Management Inc. now owns 7,522 shares of the restaurant operator's stock valued at $454,000 after buying an additional 181 shares during the last quarter. BTC Capital Management Inc. grew its stake in shares of Chipotle Mexican Grill by 1.9% in the fourth quarter. BTC Capital Management Inc. now owns 9,969 shares of the restaurant operator's stock valued at $601,000 after buying an additional 184 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Chipotle Mexican Grill by 4.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator's stock worth $290,000 after buying an additional 214 shares during the last quarter. Finally, Confluence Wealth Services Inc. raised its position in Chipotle Mexican Grill by 4.2% during the fourth quarter. Confluence Wealth Services Inc. now owns 5,391 shares of the restaurant operator's stock worth $310,000 after acquiring an additional 218 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company's stock.

Chipotle Mexican Grill Trading Up 0.1 %

NYSE CMG traded up $0.05 during trading on Friday, hitting $48.13. 9,352,505 shares of the company's stock were exchanged, compared to its average volume of 13,408,265. The company has a market cap of $65.24 billion, a PE ratio of 43.36, a P/E/G 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 $50.92 and its two-hundred day moving average price is $56.57.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping 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%. Analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Cfra upgraded shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and boosted their price objective for the stock from $59.00 to $73.00 in a research note on Wednesday, February 5th. Morgan Stanley raised Chipotle Mexican Grill from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $65.00 to $70.00 in a research report on Monday, March 3rd. Citigroup cut their price objective on Chipotle Mexican Grill from $70.00 to $62.00 and set a "buy" rating for the company in a research report on Wednesday, April 2nd. Oppenheimer boosted their target price on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an "outperform" rating in a report on Tuesday, January 7th. Finally, UBS Group cut their price target on Chipotle Mexican Grill from $70.00 to $65.00 and set a "buy" rating for the company in a report on Wednesday. Eight analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $65.42.

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.