Ashton Thomas Securities LLC Purchases 480 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Ashton Thomas Securities LLC boosted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,580 shares of the restaurant operator’s stock after purchasing an additional 480 shares during the period. Ashton Thomas Securities LLC’s holdings in Chipotle Mexican Grill were worth $577,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CMG. Alphinity Investment Management Pty Ltd purchased a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $692,701,000. Raymond James Financial Inc. purchased a new position in Chipotle Mexican Grill during the 4th quarter valued at $315,220,000. Caisse DE Depot ET Placement DU Quebec grew its position in Chipotle Mexican Grill by 123.3% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,471,335 shares of the restaurant operator’s stock valued at $142,398,000 after acquiring an additional 1,364,635 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Chipotle Mexican Grill by 11.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,271,318 shares of the restaurant operator’s stock worth $476,593,000 after purchasing an additional 858,704 shares during the period. Finally, AGF Management Ltd. increased its stake in Chipotle Mexican Grill by 1,158.2% in the fourth quarter. AGF Management Ltd. now owns 891,554 shares of the restaurant operator’s stock worth $53,761,000 after purchasing an additional 820,696 shares during the period. 91.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on CMG shares. Citigroup upped their price target on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, February 5th. Wedbush dropped their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 5th. KeyCorp reduced their target price on shares of Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Barclays lowered their price target on Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Finally, Raymond James reduced their price objective on Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. 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 company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $66.67.

Chipotle Mexican Grill Trading Down 0.2 %

Shares of CMG stock opened at $49.49 on Wednesday. Chipotle Mexican Grill, Inc. has a 12-month low of $47.55 and a 12-month high of $69.26. The business’s fifty day simple moving average is $54.26 and its 200-day simple moving average is $57.67. The company has a market cap of $67.08 billion, a PE ratio of 44.58, a PEG ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last announced its 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%. On average, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Chipotle Mexican Grill Company 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.