AQR Capital Management LLC Boosts Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

AQR Capital Management LLC raised its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 64.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,509,387 shares of the restaurant operator's stock after buying an additional 588,901 shares during the period. AQR Capital Management LLC owned about 0.11% of Chipotle Mexican Grill worth $91,016,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CMG. Ethos Financial Group LLC purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth approximately $31,000. Sound Income Strategies LLC raised its position in shares of Chipotle Mexican Grill by 1,110.0% in the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock valued at $36,000 after buying an additional 555 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of Chipotle Mexican Grill in the fourth quarter worth about $38,000. Financial Life Planners purchased a new position in shares of Chipotle Mexican Grill in the fourth quarter worth about $45,000. Finally, Oakworth Capital Inc. acquired a new position in Chipotle Mexican Grill during the fourth quarter worth about $50,000. 91.31% of the stock is currently owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Stock Up 2.5 %

Chipotle Mexican Grill stock traded up $1.26 during trading on Friday, reaching $51.58. The stock had a trading volume of 9,055,307 shares, compared to its average volume of 13,473,771. Chipotle Mexican Grill, Inc. has a 52-week low of $44.46 and a 52-week high of $69.26. The business has a 50 day moving average price of $49.95 and a 200 day moving average price of $55.99. The stock has a market cap of $69.50 billion, a PE ratio of 46.46, a P/E/G ratio of 2.04 and a beta of 1.27.

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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on CMG shares. Oppenheimer raised their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 7th. Wedbush dropped their target price on Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating for the company in a report on Wednesday, February 5th. Stephens reduced their price target on Chipotle Mexican Grill from $54.00 to $49.00 and set an "equal weight" rating on the stock in a report on Thursday, April 24th. JPMorgan Chase & Co. dropped their price objective on shares of Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. Finally, Raymond James reduced their target price on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 28th. Nine research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from 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.