Epoch Investment Partners Inc. Has $107.37 Million Stock Holdings in Chipotle Mexican Grill, Inc. $CMG

Epoch Investment Partners Inc. grew its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 327.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,901,809 shares of the restaurant operator’s stock after buying an additional 2,223,142 shares during the period. Epoch Investment Partners Inc. owned 0.22% of Chipotle Mexican Grill worth $107,367,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Ariadne Wealth Management LP bought a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at about $361,000. Arvin Capital Management LP bought a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at about $6,945,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Chipotle Mexican Grill by 20.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 13,750,486 shares of the restaurant operator’s stock valued at $508,768,000 after purchasing an additional 2,316,849 shares in the last quarter. Aptus Capital Advisors LLC boosted its position in shares of Chipotle Mexican Grill by 6.6% during the 4th quarter. Aptus Capital Advisors LLC now owns 34,977 shares of the restaurant operator’s stock valued at $1,294,000 after purchasing an additional 2,163 shares in the last quarter. Finally, Ally Financial Inc. boosted its position in shares of Chipotle Mexican Grill by 33.3% during the 4th quarter. Ally Financial Inc. now owns 32,000 shares of the restaurant operator’s stock valued at $1,184,000 after purchasing an additional 8,000 shares in the last quarter. Institutional investors and hedge funds own 91.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on CMG shares. Argus upgraded Chipotle Mexican Grill from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research report on Tuesday, May 5th. Royal Bank Of Canada restated an “outperform” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a research report on Thursday, April 30th. BNP Paribas Exane upped their target price on Chipotle Mexican Grill from $37.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Wall Street Zen upgraded Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, BTIG Research restated a “buy” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a research report on Thursday, April 30th. Twenty-four analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.48.

Chipotle Mexican Grill Stock Performance

Shares of NYSE:CMG opened at $32.20 on Friday. The business’s 50 day simple moving average is $32.75 and its two-hundred day simple moving average is $35.19. The firm has a market cap of $41.30 billion, a P/E ratio of 29.54, a PEG ratio of 2.07 and a beta of 0.99. Chipotle Mexican Grill, Inc. has a 52-week low of $28.03 and a 52-week high of $58.42.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The business had revenue of $3.09 billion for the quarter, compared to analyst estimates of $3.07 billion. Chipotle Mexican Grill had a return on equity of 49.64% and a net margin of 11.96%.The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 earnings per share. On average, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.13 earnings per share for the current fiscal year.

Chipotle Mexican Grill Profile

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.