Motley Fool Asset Management LLC increased its position in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 27.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,806 shares of the restaurant operator’s stock after purchasing an additional 30,310 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Chipotle Mexican Grill were worth $5,247,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Life Planners bought a new position in Chipotle Mexican Grill in the third quarter worth approximately $25,000. Wealth Watch Advisors INC purchased a new stake in Chipotle Mexican Grill during the third quarter worth $25,000. Murphy & Mullick Capital Management Corp lifted its holdings in Chipotle Mexican Grill by 106.7% during the third quarter. Murphy & Mullick Capital Management Corp now owns 775 shares of the restaurant operator’s stock worth $30,000 after buying an additional 400 shares during the period. Winthrop Capital Management LLC purchased a new stake in Chipotle Mexican Grill during the third quarter worth $31,000. Finally, Ameriflex Group Inc. lifted its holdings in Chipotle Mexican Grill by 109.4% during the third quarter. Ameriflex Group Inc. now owns 890 shares of the restaurant operator’s stock worth $35,000 after buying an additional 465 shares during the period. Institutional investors own 91.30% of the company’s stock.
Key Headlines Impacting Chipotle Mexican Grill
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Chipotle launched its first-ever Matchday BOGO promotion for fans wearing soccer jerseys in the U.S., Canada and U.K., along with a limited-edition jersey and Rewards badge, which may help drive customer visits and brand engagement. Article Title
- Positive Sentiment: Chipotle’s ongoing loyalty and community efforts, including fundraising tied to “No Kid Hungry,” reinforce the brand and may support customer goodwill. Article Title
- Neutral Sentiment: Some commentary suggests CMG may be a “hold” after its recent slump, indicating investors are waiting for clearer signs of a turnaround. Article Title
- Neutral Sentiment: Articles focused on Chipotle’s valuation and recent share-performance softness highlight fading momentum and weaker year-to-date returns, keeping investor sentiment cautious. Article Title
- Negative Sentiment: Bearish takes arguing that CMG is too expensive given weak comps growth and macro headwinds add pressure to the stock. Article Title
- Negative Sentiment: Another Seeking Alpha piece argued the recent plunge still hasn’t made Chipotle attractive enough, reinforcing concerns that the shares remain under pressure. Article Title
Chipotle Mexican Grill Stock Performance
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. Chipotle Mexican Grill had a return on equity of 49.64% and a net margin of 11.96%.The company had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter in the previous year, the firm posted $0.29 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. Analysts predict that Chipotle Mexican Grill, Inc. will post 1.13 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts have weighed in on CMG shares. Citigroup upped their target price on Chipotle Mexican Grill from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Guggenheim lowered their target price on Chipotle Mexican Grill from $36.00 to $35.00 and set a “neutral” rating for the company in a report on Friday, May 1st. BTIG Research restated a “buy” rating and set a $45.00 target price on shares of Chipotle Mexican Grill in a report on Thursday, April 30th. Wall Street Zen upgraded Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, DA Davidson started coverage on Chipotle Mexican Grill in a report on Friday, March 6th. They set a “buy” rating and a $51.00 target price for the company. Twenty-four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $45.48.
Read Our Latest Report on Chipotle Mexican Grill
About Chipotle Mexican Grill
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.
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