Capital International Inc. CA Buys 1,812 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Capital International Inc. CA grew its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 0.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 261,769 shares of the restaurant operator’s stock after purchasing an additional 1,812 shares during the period. Capital International Inc. CA’s holdings in Chipotle Mexican Grill were worth $15,785,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CMG. Golden State Wealth Management LLC bought a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $371,000. Raymond James Financial Inc. bought a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $315,220,000. U.S. Capital Wealth Advisors LLC grew its stake 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 worth $900,000 after purchasing an additional 9,070 shares during the period. Woodard & Co. Asset Management Group Inc. ADV bought a new position in Chipotle Mexican Grill in the fourth quarter worth $715,000. Finally, Vinva Investment Management Ltd lifted its position in Chipotle Mexican Grill by 50.6% during the fourth quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator’s stock valued at $3,910,000 after buying an additional 21,864 shares during the period. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Performance

NYSE CMG opened at $48.13 on Friday. The business’s fifty day moving average is $50.92 and its 200 day moving average is $56.57. The company has a market capitalization of $65.24 billion, a PE ratio of 43.36, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a fifty-two week low of $44.46 and a fifty-two week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. On average, sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. UBS Group decreased their price target on shares of Chipotle Mexican Grill from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday. Stephens lowered their target price on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Loop Capital upgraded Chipotle Mexican Grill from a “hold” rating to a “buy” rating and upped their price target for the stock from $58.00 to $65.00 in a research note on Friday, March 14th. Morgan Stanley upgraded Chipotle Mexican Grill from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $65.00 to $70.00 in a research note on Monday, March 3rd. Finally, Barclays cut their target price on Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Eight investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Chipotle Mexican Grill has an average rating of “Moderate Buy” and a consensus target price of $65.42.

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.