Vinva Investment Management Ltd Raises Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Vinva Investment Management Ltd raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 50.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,069 shares of the restaurant operator’s stock after buying an additional 21,864 shares during the period. Vinva Investment Management Ltd’s holdings in Chipotle Mexican Grill were worth $3,910,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. OVERSEA CHINESE BANKING Corp Ltd boosted its position in Chipotle Mexican Grill by 6.0% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 21,345 shares of the restaurant operator’s stock valued at $1,287,000 after buying an additional 1,203 shares during the period. Trillium Asset Management LLC boosted its position in Chipotle Mexican Grill by 20.0% in the 4th quarter. Trillium Asset Management LLC now owns 800,695 shares of the restaurant operator’s stock valued at $48,282,000 after buying an additional 133,642 shares during the period. Xponance Inc. boosted its position in Chipotle Mexican Grill by 2.6% in the 4th quarter. Xponance Inc. now owns 316,446 shares of the restaurant operator’s stock valued at $19,082,000 after buying an additional 8,120 shares during the period. Intech Investment Management LLC boosted its position in Chipotle Mexican Grill by 2.1% in the 4th quarter. Intech Investment Management LLC now owns 1,732,194 shares of the restaurant operator’s stock valued at $104,451,000 after buying an additional 35,737 shares during the period. Finally, Generali Asset Management SPA SGR purchased a new position in Chipotle Mexican Grill in the 4th quarter valued at approximately $2,734,000. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Up 2.4 %

Shares of Chipotle Mexican Grill stock opened at $48.94 on Thursday. Chipotle Mexican Grill, Inc. has a 52-week low of $47.55 and a 52-week high of $69.26. The company’s 50-day simple moving average is $54.87 and its 200-day simple moving average is $57.77. The firm has a market cap of $66.33 billion, a price-to-earnings ratio of 44.08, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. Equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Stephens decreased their price objective on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. Loop Capital raised shares of Chipotle Mexican Grill from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $58.00 to $65.00 in a research report on Friday, March 14th. Barclays decreased their price objective on shares of Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. Evercore ISI lifted their price objective on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Finally, Cfra raised shares of Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and lifted their price objective for the stock from $59.00 to $73.00 in a research report on Wednesday, February 5th. Eight analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Chipotle Mexican Grill currently has an average rating of “Moderate Buy” and an average price target of $66.74.

About Chipotle Mexican Grill

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.