6,600 Shares in Chipotle Mexican Grill, Inc. (NYSE:CMG) Bought by RD Lewis Holdings Inc.

RD Lewis Holdings Inc. bought a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,600 shares of the restaurant operator's stock, valued at approximately $378,000.

A number of other large investors have also modified their holdings of CMG. Geode Capital Management LLC lifted its holdings in Chipotle Mexican Grill by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 28,080,978 shares of the restaurant operator's stock worth $1,612,682,000 after buying an additional 438,007 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Chipotle Mexican Grill by 2.9% during the 3rd quarter. Franklin Resources Inc. now owns 13,661,937 shares of the restaurant operator's stock valued at $805,692,000 after purchasing an additional 381,873 shares during the period. Alphinity Investment Management Pty Ltd bought a new stake in shares of Chipotle Mexican Grill during the 4th quarter worth $692,701,000. Janus Henderson Group PLC boosted its stake in shares of Chipotle Mexican Grill by 5.6% during the 3rd quarter. Janus Henderson Group PLC now owns 9,830,644 shares of the restaurant operator's stock worth $566,439,000 after acquiring an additional 518,521 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Chipotle Mexican Grill by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,488,635 shares of the restaurant operator's stock worth $511,865,000 after acquiring an additional 288,266 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company's stock.

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Analysts Set New Price Targets

Several brokerages have recently commented on CMG. Wedbush decreased their target price on Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating for the company in a research report on Wednesday, February 5th. Piper Sandler dropped their price objective on Chipotle Mexican Grill from $60.00 to $59.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 5th. Citigroup lifted their price objective on Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a "buy" rating in a research note on Wednesday, February 5th. Evercore ISI lifted their price objective on Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an "outperform" rating in a research note on Thursday, December 5th. Finally, Loop Capital raised Chipotle Mexican Grill from a "hold" rating to a "buy" rating and lifted their target price for the stock from $58.00 to $65.00 in a research report on Friday, March 14th. Eight investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Chipotle Mexican Grill has a consensus rating of "Moderate Buy" and an average price target of $66.67.

Chipotle Mexican Grill Trading Down 1.0 %

Shares of CMG stock traded down $0.48 on Friday, hitting $48.52. The stock had a trading volume of 19,453,617 shares, compared to its average volume of 13,034,999. Chipotle Mexican Grill, Inc. has a twelve month low of $47.55 and a twelve month high of $69.26. The firm has a market cap of $65.76 billion, a P/E ratio of 43.70, a PEG ratio of 2.04 and a beta of 1.27. The company has a fifty day moving average price of $54.53 and a two-hundred day moving average price of $57.66.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced 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 year.

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.