DSG Capital Advisors LLC Takes $1.49 Million Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

DSG Capital Advisors LLC bought a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 24,755 shares of the restaurant operator's stock, valued at approximately $1,493,000.

Several other large investors also recently added to or reduced their stakes in the business. Tortoise Investment Management LLC grew its position in Chipotle Mexican Grill by 14.0% in the fourth quarter. Tortoise Investment Management LLC now owns 1,436 shares of the restaurant operator's stock worth $87,000 after acquiring an additional 176 shares in the last quarter. BTC Capital Management Inc. grew its position in Chipotle Mexican Grill by 1.9% in the fourth quarter. BTC Capital Management Inc. now owns 9,969 shares of the restaurant operator's stock worth $601,000 after acquiring an additional 184 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Chipotle Mexican Grill by 4.7% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator's stock worth $290,000 after acquiring an additional 214 shares in the last quarter. Confluence Wealth Services Inc. grew its position in Chipotle Mexican Grill by 4.2% in the fourth quarter. Confluence Wealth Services Inc. now owns 5,391 shares of the restaurant operator's stock worth $310,000 after acquiring an additional 218 shares in the last quarter. Finally, Schechter Investment Advisors LLC grew its position in Chipotle Mexican Grill by 1.2% in the fourth quarter. Schechter Investment Advisors LLC now owns 18,690 shares of the restaurant operator's stock worth $1,127,000 after acquiring an additional 220 shares in the last quarter. 91.31% of the stock is owned by institutional investors.

Chipotle Mexican Grill Trading Up 0.8%

Shares of Chipotle Mexican Grill stock traded up $0.39 during mid-day trading on Friday, reaching $50.12. 14,823,367 shares of the stock were exchanged, compared to its average volume of 13,504,044. Chipotle Mexican Grill, Inc. has a fifty-two week low of $44.46 and a fifty-two week high of $69.26. The firm has a 50-day simple moving average of $50.04 and a 200 day simple moving average of $54.95. The company has a market cap of $67.53 billion, a price-to-earnings ratio of 45.15, a price-to-earnings-growth ratio of 2.04 and a beta of 1.11.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $2.98 billion. During the same quarter in the prior year, the firm earned $13.37 EPS. The company's revenue was up 6.4% on a year-over-year basis. On average, research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on CMG. Citigroup decreased their target price on shares of Chipotle Mexican Grill from $70.00 to $62.00 and set a "buy" rating for the company in a research report on Wednesday, April 2nd. Wedbush decreased their price objective on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating for the company in a report on Wednesday, February 5th. Robert W. Baird decreased their price objective on shares of Chipotle Mexican Grill from $62.00 to $56.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Barclays decreased their price objective on shares of Chipotle Mexican Grill from $60.00 to $56.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Finally, Morgan Stanley decreased their price objective on shares of Chipotle Mexican Grill from $67.00 to $65.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Nine equities research 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 company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $61.60.

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.