OMERS ADMINISTRATION Corp Has $3.45 Million Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

OMERS ADMINISTRATION Corp grew its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 20.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,261 shares of the restaurant operator's stock after buying an additional 9,561 shares during the period. OMERS ADMINISTRATION Corp's holdings in Chipotle Mexican Grill were worth $3,453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CMG. Czech National Bank raised its holdings 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 buying an additional 16,462 shares during the last quarter. Salem Investment Counselors Inc. raised its holdings in shares of 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. Claro Advisors LLC raised its holdings in shares of Chipotle Mexican Grill by 14.2% during the fourth quarter. Claro Advisors LLC now owns 7,710 shares of the restaurant operator's stock valued at $465,000 after buying an additional 961 shares during the last quarter. Pallas Capital Advisors LLC raised its holdings in Chipotle Mexican Grill by 19.6% during the fourth quarter. Pallas Capital Advisors LLC now owns 10,817 shares of the restaurant operator's stock worth $652,000 after purchasing an additional 1,775 shares in the last quarter. Finally, First Financial Corp IN raised its holdings in Chipotle Mexican Grill by 321.0% during the fourth quarter. First Financial Corp IN now owns 842 shares of the restaurant operator's stock worth $51,000 after purchasing an additional 642 shares in the last quarter. Institutional investors own 91.31% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Piper Sandler dropped their target price on Chipotle Mexican Grill from $59.00 to $52.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Stephens reissued an "equal weight" rating and set a $49.00 target price on shares of Chipotle Mexican Grill in a report on Wednesday, May 7th. Sanford C. Bernstein reissued an "outperform" rating and set a $70.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Guggenheim set a $47.00 target price on Chipotle Mexican Grill in a report on Friday, April 25th. Finally, KeyCorp dropped their target price 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. Nine research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $61.74.

Chipotle Mexican Grill Price Performance

NYSE CMG traded up $0.28 on Friday, hitting $52.32. 10,833,771 shares of the stock were exchanged, compared to its average volume of 13,568,308. Chipotle Mexican Grill, Inc. has a 52-week low of $44.46 and a 52-week high of $69.26. The company has a market capitalization of $70.49 billion, a price-to-earnings ratio of 47.12, a P/E/G ratio of 2.04 and a beta of 1.11. The company's 50-day moving average price is $49.72 and its two-hundred day moving average price is $55.43.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share for the quarter, topping the consensus estimate 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 company's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $13.37 EPS. Equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS 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.