Chipotle Mexican Grill, Inc. $CMG Holdings Boosted by Vantage Investment Partners LLC

Vantage Investment Partners LLC boosted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 36.3% during the 4th quarter, HoldingsChannel reports. The firm owned 1,320,185 shares of the restaurant operator’s stock after buying an additional 351,546 shares during the quarter. Chipotle Mexican Grill accounts for 3.3% of Vantage Investment Partners LLC’s investment portfolio, making the stock its 11th biggest holding. Vantage Investment Partners LLC’s holdings in Chipotle Mexican Grill were worth $48,847,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Bank of Nova Scotia boosted its stake in shares of Chipotle Mexican Grill by 11.0% during the 3rd quarter. Bank of Nova Scotia now owns 475,672 shares of the restaurant operator’s stock valued at $18,642,000 after buying an additional 47,241 shares during the period. Klein Pavlis & Peasley Financial Inc. acquired a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at $1,597,000. Crescent Park Management L.P. acquired a new stake in shares of Chipotle Mexican Grill during the 3rd quarter valued at $5,911,000. WINTON GROUP Ltd boosted its stake in shares of Chipotle Mexican Grill by 269.6% during the 3rd quarter. WINTON GROUP Ltd now owns 379,886 shares of the restaurant operator’s stock valued at $14,888,000 after buying an additional 277,090 shares during the period. Finally, Heritage Investors Management Corp boosted its stake in shares of Chipotle Mexican Grill by 6.8% during the 3rd quarter. Heritage Investors Management Corp now owns 498,120 shares of the restaurant operator’s stock valued at $19,521,000 after buying an additional 31,560 shares during the period. Institutional investors and hedge funds own 91.30% of the company’s stock.

Chipotle Mexican Grill Trading Up 0.1%

CMG stock opened at $32.84 on Friday. Chipotle Mexican Grill, Inc. has a 1 year low of $29.75 and a 1 year high of $58.42. The company has a fifty day simple moving average of $33.32 and a 200 day simple moving average of $35.22. The firm has a market cap of $42.13 billion, a PE ratio of 30.13, a PEG ratio of 2.11 and a beta of 1.03.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. Chipotle Mexican Grill had a net margin of 11.96% and a return on equity of 49.64%. The business had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the previous year, the business earned $0.29 EPS. Chipotle Mexican Grill’s quarterly revenue was up 7.4% compared to the same quarter last year. As a group, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CMG shares. Wall Street Zen raised shares of Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Piper Sandler decreased their target price on shares of Chipotle Mexican Grill from $44.00 to $42.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Stifel Nicolaus reissued a “buy” rating on shares of Chipotle Mexican Grill in a research note on Monday, March 9th. Telsey Advisory Group decreased their target price on shares of Chipotle Mexican Grill from $50.00 to $48.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Finally, Weiss Ratings lowered shares of Chipotle Mexican Grill from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. Twenty-four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.03.

Chipotle Mexican Grill Company Profile

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.