Banco Bilbao Vizcaya Argentaria S.A. Acquires 6,693 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Banco Bilbao Vizcaya Argentaria S.A. grew its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 192,359 shares of the restaurant operator's stock after buying an additional 6,693 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Chipotle Mexican Grill were worth $11,685,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CMG. Ethos Financial Group LLC acquired a new stake in Chipotle Mexican Grill in the 4th quarter valued at about $31,000. Sound Income Strategies LLC increased its holdings in shares of Chipotle Mexican Grill by 1,110.0% during the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock worth $36,000 after acquiring an additional 555 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in Chipotle Mexican Grill in the 4th quarter valued at $38,000. Financial Life Planners acquired a new position in Chipotle Mexican Grill in the 4th quarter valued at $45,000. Finally, Oakworth Capital Inc. acquired a new position in Chipotle Mexican Grill in the 4th quarter valued at $50,000. Institutional investors and hedge funds own 91.31% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CMG. JPMorgan Chase & Co. decreased their price objective on Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating on the stock in a report on Thursday, March 20th. Evercore ISI dropped their target price on Chipotle Mexican Grill from $64.00 to $57.00 and set an "outperform" rating for the company in a research report on Thursday, April 24th. Raymond James decreased their price target on Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating for the company in a research note on Tuesday, January 28th. Argus cut Chipotle Mexican Grill from a "buy" rating to a "hold" rating in a research note on Monday. Finally, Wedbush decreased their price target on Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating for the company in a research note on Wednesday, February 5th. Nine analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $61.74.

Chipotle Mexican Grill Trading Down 0.9 %

CMG traded down $0.48 during midday trading on Tuesday, reaching $50.42. The company's stock had a trading volume of 4,942,457 shares, compared to its average volume of 13,455,138. The stock's 50-day moving average is $50.05 and its 200-day moving average is $56.21. Chipotle Mexican Grill, Inc. has a 1 year low of $44.46 and a 1 year high of $69.26. The firm has a market capitalization of $68.34 billion, a price-to-earnings ratio of 45.39, a PEG ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.98 billion. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. The business's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $13.37 earnings per share. As a group, equities research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

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.