Schroder Investment Management Group Purchases 247,478 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Schroder Investment Management Group boosted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 67.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 615,505 shares of the restaurant operator’s stock after acquiring an additional 247,478 shares during the period. Schroder Investment Management Group’s holdings in Chipotle Mexican Grill were worth $36,986,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Ethos Financial Group LLC bought a new position in shares of Chipotle Mexican Grill in the 4th quarter worth $31,000. Sound Income Strategies LLC raised its holdings in Chipotle Mexican Grill by 1,110.0% during the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock worth $36,000 after buying an additional 555 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new position in shares of Chipotle Mexican Grill in the fourth quarter valued at $38,000. Financial Life Planners acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at about $45,000. Finally, Oakworth Capital Inc. bought a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth about $50,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Stephens dropped their price target on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. Cfra upgraded Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and raised their target price for the company from $59.00 to $73.00 in a report on Wednesday, February 5th. KeyCorp decreased their price target on Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” 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 raised their price objective for the company from $58.00 to $65.00 in a research note on Friday, March 14th. Finally, Wells Fargo & Company reduced their target price on shares of Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Eight research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.67.

Chipotle Mexican Grill Price Performance

Shares of CMG stock opened at $51.67 on Wednesday. The stock has a market capitalization of $70.03 billion, a price-to-earnings ratio of 46.54, a PEG ratio of 2.04 and a beta of 1.27. The company’s fifty day simple moving average is $53.58 and its two-hundred day simple moving average is $57.50. Chipotle Mexican Grill, Inc. has a 1 year low of $47.55 and a 1 year high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released 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%. Equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

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.