Susquehanna Fundamental Investments LLC Takes $8.77 Million Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Susquehanna Fundamental Investments LLC bought a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 145,414 shares of the restaurant operator's stock, valued at approximately $8,768,000.

Several other institutional investors also recently bought and sold shares of CMG. Virtus ETF Advisers LLC increased its position in Chipotle Mexican Grill by 6.9% during the 4th quarter. Virtus ETF Advisers LLC now owns 18,989 shares of the restaurant operator's stock valued at $1,145,000 after buying an additional 1,221 shares in the last quarter. Nebula Research & Development LLC grew its stake in shares of Chipotle Mexican Grill by 28.3% during the fourth quarter. Nebula Research & Development LLC now owns 63,743 shares of the restaurant operator's stock worth $3,844,000 after acquiring an additional 14,078 shares during the last quarter. Voya Investment Management LLC increased its holdings in shares of Chipotle Mexican Grill by 114.2% during the fourth quarter. Voya Investment Management LLC now owns 8,986,971 shares of the restaurant operator's stock valued at $541,914,000 after acquiring an additional 4,790,464 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Chipotle Mexican Grill by 17.7% in the 4th quarter. Integrated Wealth Concepts LLC now owns 21,499 shares of the restaurant operator's stock valued at $1,296,000 after purchasing an additional 3,230 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in Chipotle Mexican Grill by 3.6% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 192,359 shares of the restaurant operator's stock worth $11,685,000 after purchasing an additional 6,693 shares in the last quarter. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Trading Down 0.4 %

NYSE:CMG traded down $0.21 during trading hours on Thursday, hitting $50.31. The company had a trading volume of 11,808,752 shares, compared to its average volume of 13,466,780. Chipotle Mexican Grill, Inc. has a 1 year low of $44.46 and a 1 year high of $69.26. The company has a 50-day moving average of $49.99 and a 200 day moving average of $56.13. The company has a market cap of $67.78 billion, a P/E ratio of 45.32, a P/E/G 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 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.98 billion. During the same quarter in the prior year, the company posted $13.37 EPS. The business's revenue for the quarter was up 6.4% on a year-over-year basis. On average, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CMG shares. UBS Group lowered their price objective on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Wedbush cut their price objective on Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating on the stock in a report on Wednesday, February 5th. Guggenheim set a $47.00 target price on Chipotle Mexican Grill in a report on Friday, April 25th. 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 report on Tuesday, January 28th. Finally, Citigroup dropped their price objective on shares of Chipotle Mexican Grill from $70.00 to $62.00 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Nine research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $61.74.

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.