Occudo Quantitative Strategies LP Grows Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Occudo Quantitative Strategies LP increased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 325.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,446 shares of the restaurant operator's stock after acquiring an additional 33,241 shares during the quarter. Occudo Quantitative Strategies LP's holdings in Chipotle Mexican Grill were worth $2,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Czech National Bank increased its stake in shares of Chipotle Mexican Grill by 5.9% during the fourth quarter. Czech National Bank now owns 295,438 shares of the restaurant operator's stock valued at $17,815,000 after purchasing an additional 16,462 shares in the last quarter. Trust Co. of Toledo NA OH grew its stake in shares of Chipotle Mexican Grill by 11.4% in the 4th quarter. Trust Co. of Toledo NA OH now owns 20,438 shares of the restaurant operator's stock worth $1,232,000 after buying an additional 2,087 shares during the last quarter. CHICAGO TRUST Co NA increased its position in Chipotle Mexican Grill by 3.4% during the 4th quarter. CHICAGO TRUST Co NA now owns 26,786 shares of the restaurant operator's stock valued at $1,615,000 after buying an additional 886 shares in the last quarter. Salem Investment Counselors Inc. raised its stake in Chipotle Mexican Grill by 27.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,483 shares of the restaurant operator's stock valued at $89,000 after buying an additional 323 shares during the last quarter. Finally, Clean Yield Group raised its stake in Chipotle Mexican Grill by 5.1% during the fourth quarter. Clean Yield Group now owns 62,482 shares of the restaurant operator's stock valued at $3,768,000 after buying an additional 3,006 shares during the last quarter. 91.31% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CMG has been the subject of several analyst reports. Stephens reissued an "equal weight" rating and set a $49.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, May 7th. KeyCorp lowered their price target on Chipotle Mexican Grill from $60.00 to $58.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Barclays decreased their target price on Chipotle Mexican Grill from $60.00 to $56.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. Raymond James reduced their price target on shares of 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. Finally, 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. Nine investment 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's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $61.74.

Chipotle Mexican Grill Trading Up 0.5%

NYSE CMG traded up $0.28 on Friday, reaching $52.32. 10,833,771 shares of the stock were exchanged, compared to its average volume of 13,568,305. Chipotle Mexican Grill, Inc. has a one year low of $44.46 and a one year high of $69.26. The firm has a market capitalization of $70.49 billion, a PE ratio of 47.12, a PEG ratio of 2.04 and a beta of 1.11. The company's 50-day simple moving average is $49.68 and its two-hundred day simple moving average is $55.48.

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 the consensus estimate of $0.28 by $0.01. The firm 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 last year, the firm earned $13.37 EPS. Sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Chipotle Mexican Grill 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.