23,115 Shares in Chipotle Mexican Grill, Inc. (NYSE:CMG) Purchased by Symmetry Partners LLC

Symmetry Partners LLC acquired a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 23,115 shares of the restaurant operator's stock, valued at approximately $1,394,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in shares of 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 purchasing an additional 438,007 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Chipotle Mexican Grill by 2.9% during the third quarter. Franklin Resources Inc. now owns 13,661,937 shares of the restaurant operator's stock valued at $805,692,000 after buying an additional 381,873 shares during the period. Alphinity Investment Management Pty Ltd acquired a new stake in Chipotle Mexican Grill during the fourth quarter worth approximately $692,701,000. Janus Henderson Group PLC grew its stake in Chipotle Mexican Grill by 5.6% in 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 during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Chipotle Mexican Grill by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,488,635 shares of the restaurant operator's stock valued at $511,865,000 after acquiring an additional 288,266 shares during the last quarter. Hedge funds and other institutional investors own 91.31% of the company's stock.

Remove Ads

Chipotle Mexican Grill Stock Performance

Shares of NYSE CMG traded up $1.09 during midday trading on Monday, reaching $49.62. 15,511,950 shares of the company's stock were exchanged, compared to its average volume of 13,052,219. Chipotle Mexican Grill, Inc. has a 52-week low of $47.55 and a 52-week high of $69.26. The business's fifty day moving average price is $54.40 and its two-hundred day moving average price is $57.70. The stock has a market capitalization of $67.25 billion, a PE ratio of 44.69, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CMG has been the topic of several analyst reports. Wells Fargo & Company decreased their price objective on Chipotle Mexican Grill from $75.00 to $70.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Royal Bank of Canada reissued an "outperform" rating and issued a $75.00 price target on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Oppenheimer upped their price objective on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an "outperform" rating in a research note on Tuesday, January 7th. Cfra raised shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and raised their target price for the stock from $59.00 to $73.00 in a research report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating for the company in a research report on Thursday. Eight equities research 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $66.67.

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.