Motley Fool Asset Management LLC Grows Stock Position in Chipotle Mexican Grill, Inc. $CMG

Motley Fool Asset Management LLC raised its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 27.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 141,806 shares of the restaurant operator’s stock after acquiring an additional 30,310 shares during the period. Motley Fool Asset Management LLC’s holdings in Chipotle Mexican Grill were worth $5,247,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of CMG. Revolve Wealth Partners LLC raised its stake in shares of Chipotle Mexican Grill by 4.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after buying an additional 214 shares during the last quarter. Bison Wealth LLC purchased a new position in shares of Chipotle Mexican Grill during the 4th quarter valued at about $224,000. Empowered Funds LLC raised its stake in shares of Chipotle Mexican Grill by 5.5% during the 1st quarter. Empowered Funds LLC now owns 26,460 shares of the restaurant operator’s stock valued at $1,329,000 after buying an additional 1,368 shares during the last quarter. Osterweis Capital Management Inc. raised its stake in shares of Chipotle Mexican Grill by 7,176.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,819 shares of the restaurant operator’s stock valued at $102,000 after buying an additional 1,794 shares during the last quarter. Finally, Ieq Capital LLC raised its stake in shares of Chipotle Mexican Grill by 88.8% during the 2nd quarter. Ieq Capital LLC now owns 274,375 shares of the restaurant operator’s stock valued at $15,406,000 after buying an additional 129,066 shares during the last quarter. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill Trading Up 2.0%

CMG stock opened at $29.87 on Wednesday. Chipotle Mexican Grill, Inc. has a 12-month low of $28.03 and a 12-month high of $58.42. The stock has a market cap of $38.31 billion, a price-to-earnings ratio of 27.40, a PEG ratio of 1.88 and a beta of 0.99. The business’s 50-day moving average is $32.79 and its 200 day moving average is $35.21.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share (EPS) 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 analysts’ expectations of $3.07 billion. During the same period in the previous year, the firm posted $0.29 EPS. Chipotle Mexican Grill’s revenue was up 7.4% compared to the same quarter last year. As a group, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CMG. Piper Sandler reduced their price objective on 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. BTIG Research restated a “buy” rating and issued a $45.00 price target on shares of Chipotle Mexican Grill in a research note on Thursday, April 30th. Weiss Ratings lowered Chipotle Mexican Grill from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. Barclays cut their price target on Chipotle Mexican Grill from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, April 30th. Finally, Citigroup lifted their price target on Chipotle Mexican Grill from $44.00 to $46.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Twenty-four investment 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’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $45.48.

Key Chipotle Mexican Grill News

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

• Positive Sentiment: Chipotle launched its first-ever Matchday BOGO promotion for fans wearing soccer jerseys in the U.S., Canada and U.K., along with a limited-edition jersey and Rewards badge, which may help drive customer visits and brand engagement. Article Title
• Positive Sentiment: Chipotle’s ongoing loyalty and community efforts, including fundraising tied to “No Kid Hungry,” reinforce the brand and may support customer goodwill. Article Title
• Neutral Sentiment: Some commentary suggests CMG may be a “hold” after its recent slump, indicating investors are waiting for clearer signs of a turnaround. Article Title
• Neutral Sentiment: Articles focused on Chipotle’s valuation and recent share-performance softness highlight fading momentum and weaker year-to-date returns, keeping investor sentiment cautious. Article Title
• Negative Sentiment: Bearish takes arguing that CMG is too expensive given weak comps growth and macro headwinds add pressure to the stock. Article Title
• Negative Sentiment: Another Seeking Alpha piece argued the recent plunge still hasn’t made Chipotle attractive enough, reinforcing concerns that the shares remain under pressure. Article Title

Chipotle Mexican Grill 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.