NZS Capital LLC Has $27.23 Million Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

NZS Capital LLC increased its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 5.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 451,628 shares of the restaurant operator's stock after purchasing an additional 21,496 shares during the period. NZS Capital LLC's holdings in Chipotle Mexican Grill were worth $27,233,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in Chipotle Mexican Grill in the fourth quarter worth about $371,000. Raymond James Financial Inc. bought a new stake in shares of Chipotle Mexican Grill in the 4th quarter worth approximately $315,220,000. U.S. Capital Wealth Advisors LLC boosted its position in Chipotle Mexican Grill by 155.1% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator's stock valued at $900,000 after purchasing an additional 9,070 shares during the period. Vinva Investment Management Ltd lifted its stake in Chipotle Mexican Grill by 50.6% in the fourth quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator's stock valued at $3,910,000 after buying an additional 21,864 shares during the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at $715,000. 91.31% of the stock is owned by institutional investors.

Chipotle Mexican Grill Stock Up 2.2 %

Shares of Chipotle Mexican Grill stock traded up $1.11 during trading on Friday, hitting $51.43. The stock had a trading volume of 5,215,115 shares, compared to its average volume of 13,441,088. Chipotle Mexican Grill, Inc. has a 1 year low of $44.46 and a 1 year high of $69.26. The stock has a 50 day simple moving average of $49.97 and a 200 day simple moving average of $56.07. The company has a market capitalization of $69.29 billion, a PE ratio of 46.34, a P/E/G ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.01. The company had revenue of $2.88 billion for 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 revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $13.37 EPS. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on CMG shares. UBS Group dropped their price objective on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Morgan Stanley dropped their price target on shares of Chipotle Mexican Grill from $67.00 to $65.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Stephens reduced their price objective on Chipotle Mexican Grill from $54.00 to $49.00 and set an "equal weight" rating for the company in a research report on Thursday, April 24th. KeyCorp lowered their target price on Chipotle Mexican Grill from $60.00 to $58.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Finally, Loop Capital reduced their price target on Chipotle Mexican Grill from $65.00 to $63.00 and set a "buy" rating for the company in a research 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $61.74.

About Chipotle Mexican Grill

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.