TD Waterhouse Canada Inc. Purchases 6,279 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

TD Waterhouse Canada Inc. lifted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 128,351 shares of the restaurant operator's stock after purchasing an additional 6,279 shares during the period. TD Waterhouse Canada Inc.'s holdings in Chipotle Mexican Grill were worth $7,741,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Anchor Investment Management LLC raised its holdings in Chipotle Mexican Grill by 7.1% during the third quarter. Anchor Investment Management LLC now owns 26,116 shares of the restaurant operator's stock valued at $1,505,000 after acquiring an additional 1,724 shares during the period. Pine Valley Investments Ltd Liability Co lifted its holdings in Chipotle Mexican Grill by 1,597.1% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 66,188 shares of the restaurant operator's stock worth $3,814,000 after purchasing an additional 62,288 shares in the last quarter. World Investment Advisors LLC bought a new position in Chipotle Mexican Grill in the 3rd quarter worth approximately $4,709,000. Arvest Bank Trust Division purchased a new stake in Chipotle Mexican Grill during the 3rd quarter valued at approximately $359,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Chipotle Mexican Grill during the third quarter valued at approximately $668,000. 91.31% of the stock is currently owned by institutional investors.

Chipotle Mexican Grill Stock Up 1.2 %

Shares of Chipotle Mexican Grill stock opened at $47.10 on Wednesday. The company has a market cap of $63.84 billion, a P/E ratio of 42.42, a PEG ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 52-week low of $44.46 and a 52-week high of $69.26. The firm's 50 day moving average price is $50.48 and its 200-day moving average price is $56.43.

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

Analyst Ratings Changes

CMG has been the subject of a number of research reports. Barclays cut their target price on shares of Chipotle Mexican Grill from $60.00 to $56.00 and set an "equal weight" rating for the company in a research note on Tuesday. Robert W. Baird cut their price objective on Chipotle Mexican Grill from $68.00 to $62.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. JPMorgan Chase & Co. dropped their price target on Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Stephens restated an "equal weight" rating and issued a $54.00 price target on shares of Chipotle Mexican Grill in a research report on Monday. Finally, Loop Capital raised shares of Chipotle Mexican Grill from a "hold" rating to a "buy" rating and increased their price target for the company from $58.00 to $65.00 in a report on Friday, March 14th. Eight equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of "Moderate Buy" and a consensus target price of $63.99.

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.

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