Aptus Capital Advisors LLC Purchases 5,470 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Aptus Capital Advisors LLC increased its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 42.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 18,451 shares of the restaurant operator's stock after purchasing an additional 5,470 shares during the period. Aptus Capital Advisors LLC's holdings in Chipotle Mexican Grill were worth $1,113,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Alliancebernstein L.P. increased its position in Chipotle Mexican Grill by 29.5% during the fourth quarter. Alliancebernstein L.P. now owns 30,100,520 shares of the restaurant operator's stock worth $1,815,061,000 after acquiring an additional 6,853,470 shares during the period. Geode Capital Management LLC lifted its stake in shares of Chipotle Mexican Grill by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 28,476,031 shares of the restaurant operator's stock valued at $1,712,238,000 after buying an additional 395,053 shares during the period. American Century Companies Inc. grew its position in Chipotle Mexican Grill by 0.8% during the fourth quarter. American Century Companies Inc. now owns 20,236,980 shares of the restaurant operator's stock worth $1,220,290,000 after buying an additional 166,767 shares in the last quarter. Norges Bank acquired a new position in Chipotle Mexican Grill in the 4th quarter valued at approximately $1,093,345,000. Finally, Northern Trust Corp grew its holdings in shares of Chipotle Mexican Grill by 11.1% during the 4th quarter. Northern Trust Corp now owns 14,443,085 shares of the restaurant operator's stock worth $870,918,000 after purchasing an additional 1,438,860 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company's stock.

Chipotle Mexican Grill Stock Performance

NYSE CMG traded down $1.68 during trading hours on Friday, hitting $49.77. 16,053,658 shares of the company traded hands, compared to its average volume of 13,489,504. Chipotle Mexican Grill, Inc. has a twelve month low of $44.46 and a twelve month high of $69.26. The stock has a market capitalization of $67.06 billion, a price-to-earnings ratio of 44.83, a P/E/G ratio of 2.04 and a beta of 1.11. The business's 50-day moving average is $49.67 and its 200-day moving average is $55.71.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.98 billion. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. The company's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $13.37 EPS. Analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on CMG shares. Stephens reaffirmed an "equal weight" rating and set a $49.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday. Wells Fargo & Company lowered their price objective on Chipotle Mexican Grill from $70.00 to $60.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Cfra upgraded Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and increased their price objective for the stock from $59.00 to $73.00 in a research note on Wednesday, February 5th. Stifel Nicolaus dropped their target price on shares of Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating for the company in a research report on Wednesday, March 19th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Nine investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $61.74.

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.