Fideuram Asset Management Ireland dac Invests $671,000 in Chipotle Mexican Grill, Inc. $CMG

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

A number of other hedge funds and other institutional investors also recently made changes to their positions in CMG. Financial Life Planners purchased a new stake in shares of Chipotle Mexican Grill during the 3rd quarter worth about $25,000. Wealth Watch Advisors INC purchased a new stake in shares of Chipotle Mexican Grill during the 3rd quarter worth about $25,000. Murphy & Mullick Capital Management Corp raised its stake in shares of Chipotle Mexican Grill by 106.7% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 775 shares of the restaurant operator’s stock worth $30,000 after purchasing an additional 400 shares in the last quarter. Winthrop Capital Management LLC purchased a new stake in shares of Chipotle Mexican Grill during the 3rd quarter worth about $31,000. Finally, Ameriflex Group Inc. raised its stake in shares of Chipotle Mexican Grill by 109.4% during the 3rd quarter. Ameriflex Group Inc. now owns 890 shares of the restaurant operator’s stock worth $35,000 after purchasing an additional 465 shares in the last quarter. 91.30% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Trading Down 1.6%

Shares of NYSE:CMG opened at $31.90 on Friday. Chipotle Mexican Grill, Inc. has a 1-year low of $29.75 and a 1-year high of $58.42. The firm has a market capitalization of $40.92 billion, a PE ratio of 29.27, a PEG ratio of 2.05 and a beta of 1.03. The business’s 50 day moving average is $33.24 and its 200-day moving average is $35.26.

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 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 company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter last year, the firm earned $0.29 EPS. Chipotle Mexican Grill’s revenue for the quarter was up 7.4% compared to the same quarter last year. On average, sell-side analysts predict that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current year.

Wall Street Analysts Forecast Growth

CMG has been the topic of a number of recent analyst reports. Telsey Advisory Group cut their price objective on Chipotle Mexican Grill from $50.00 to $48.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Morgan Stanley cut their price objective on Chipotle Mexican Grill from $50.00 to $49.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. DA Davidson initiated coverage on Chipotle Mexican Grill in a research note on Friday, March 6th. They issued a “buy” rating and a $51.00 price objective on the stock. KeyCorp cut their price objective on Chipotle Mexican Grill from $45.00 to $42.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Finally, Mizuho raised Chipotle Mexican Grill from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $37.00 to $40.00 in a research note on Friday, March 20th. Twenty-four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Chipotle Mexican Grill currently has an average rating of “Moderate Buy” and an average price target of $46.03.

Read Our Latest Stock Report on CMG

Chipotle Mexican Grill News Roundup

Here are the key news stories impacting Chipotle Mexican Grill this week:

Chipotle Mexican Grill 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.

Featured Stories

Want to see what other hedge funds are holding CMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chipotle Mexican Grill, Inc. (NYSE:CMGFree Report).

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

Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.