Fideuram Asset Management Ireland dac Acquires New Position in Chipotle Mexican Grill, Inc. $CMG

Fideuram Asset Management Ireland dac bought a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMGFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 18,132 shares of the restaurant operator’s stock, valued at approximately $671,000.

Several other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of Chipotle Mexican Grill by 14.8% in the fourth quarter. Vanguard Group Inc. now owns 144,588,220 shares of the restaurant operator’s stock valued at $5,349,764,000 after purchasing an additional 18,660,882 shares during the period. Capital World Investors boosted its stake in shares of Chipotle Mexican Grill by 122.7% in the third quarter. Capital World Investors now owns 87,844,788 shares of the restaurant operator’s stock valued at $3,442,645,000 after purchasing an additional 48,398,628 shares during the period. Capital International Investors boosted its stake in shares of Chipotle Mexican Grill by 42.4% in the third quarter. Capital International Investors now owns 38,497,927 shares of the restaurant operator’s stock valued at $1,509,043,000 after purchasing an additional 11,471,658 shares during the period. Sustainable Growth Advisers LP boosted its stake in shares of Chipotle Mexican Grill by 17.5% in the third quarter. Sustainable Growth Advisers LP now owns 12,495,638 shares of the restaurant operator’s stock valued at $489,704,000 after purchasing an additional 1,862,855 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Chipotle Mexican Grill by 24.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 11,433,637 shares of the restaurant operator’s stock valued at $448,084,000 after purchasing an additional 2,265,122 shares during the period. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill Stock Down 1.6%

Shares of CMG opened at $31.90 on Friday. The business’s 50 day moving average is $33.24 and its two-hundred day moving average is $35.26. Chipotle Mexican Grill, Inc. has a 52-week low of $29.75 and a 52-week high of $58.42. The firm has a market cap of $40.92 billion, a price-to-earnings ratio of 29.27, a PEG ratio of 2.05 and a beta of 1.03.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. Chipotle Mexican Grill had a return on equity of 49.64% and a net margin of 11.96%.The firm had revenue of $3.09 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same period last year, the business posted $0.29 earnings per share. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. On average, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.13 earnings per share for the current fiscal year.

Trending Headlines about Chipotle Mexican Grill

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Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wall Street Zen raised shares of Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings cut shares of Chipotle Mexican Grill from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. KeyCorp cut their price objective on shares of Chipotle Mexican Grill from $45.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Mizuho raised shares of Chipotle Mexican Grill from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $37.00 to $40.00 in a report on Friday, March 20th. Finally, Stephens raised their price objective on shares of Chipotle Mexican Grill from $38.00 to $39.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Twenty-four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and an average target price of $46.03.

Check Out Our Latest Report on Chipotle Mexican Grill

Chipotle Mexican Grill Company Profile

(Free Report)

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.

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Institutional Ownership by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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