Vinva Investment Management Ltd raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 50.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,069 shares of the restaurant operator's stock after purchasing an additional 21,864 shares during the period. Vinva Investment Management Ltd's holdings in Chipotle Mexican Grill were worth $3,910,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in Chipotle Mexican Grill in the fourth quarter valued at approximately $371,000. Raymond James Financial Inc. acquired a new stake in Chipotle Mexican Grill in the fourth quarter valued at approximately $315,220,000. U.S. Capital Wealth Advisors LLC grew its holdings in Chipotle Mexican Grill by 155.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator's stock valued at $900,000 after purchasing an additional 9,070 shares during the period. Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in Chipotle Mexican Grill in the fourth quarter valued at approximately $715,000. Finally, Hantz Financial Services Inc. grew its holdings in Chipotle Mexican Grill by 5,897.8% in the third quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator's stock valued at $2,820,000 after purchasing an additional 48,126 shares during the period. 91.31% of the stock is owned by institutional investors and hedge funds.
Chipotle Mexican Grill stock opened at $48.94 on Thursday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.55 and a fifty-two week high of $69.26. The firm has a 50 day moving average price of $54.87 and a 200 day moving average price of $57.77. The company has a market capitalization of $66.33 billion, a PE ratio of 44.08, 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 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, equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.
Several analysts have commented on CMG shares. Loop Capital raised Chipotle Mexican Grill from a "hold" rating to a "buy" rating and raised their price objective for the company from $58.00 to $65.00 in a report on Friday, March 14th. Stifel Nicolaus decreased their target price on Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating on the stock in a research report on Wednesday. Sanford C. Bernstein restated an "outperform" rating and issued a $70.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Truist Financial raised their target price on Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a "buy" rating in a research report on Wednesday, December 4th. Finally, Oppenheimer raised their target price on Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an "outperform" rating in a research report on Tuesday, January 7th. Eight 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 company's stock. Based on data from MarketBeat, Chipotle Mexican Grill currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.74.
Read Our Latest Stock Report on 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.
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