Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC grew its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 16.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 155,557 shares of the restaurant operator’s stock after buying an additional 22,429 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Chipotle Mexican Grill were worth $9,380,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Clearbridge Investments LLC grew its holdings in shares of Chipotle Mexican Grill by 2,145.9% during the 4th quarter. Clearbridge Investments LLC now owns 3,180,051 shares of the restaurant operator’s stock worth $191,757,000 after purchasing an additional 3,038,460 shares during the period. United Bank grew its stake in Chipotle Mexican Grill by 21.4% during the fourth quarter. United Bank now owns 44,720 shares of the restaurant operator’s stock worth $2,697,000 after buying an additional 7,869 shares during the period. Martin Currie Ltd. acquired a new stake in shares of Chipotle Mexican Grill in the fourth quarter worth $33,427,000. RWA Wealth Partners LLC increased its position in shares of Chipotle Mexican Grill by 2.3% in the fourth quarter. RWA Wealth Partners LLC now owns 114,949 shares of the restaurant operator’s stock worth $6,931,000 after acquiring an additional 2,618 shares in the last quarter. Finally, Schroder Investment Management Group raised its stake in shares of Chipotle Mexican Grill by 67.2% in the 4th quarter. Schroder Investment Management Group now owns 615,505 shares of the restaurant operator’s stock valued at $36,986,000 after acquiring an additional 247,478 shares during the period. 91.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on CMG shares. Truist Financial increased their price target on Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Oppenheimer raised their target price on Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Loop Capital upgraded Chipotle Mexican Grill from a “hold” rating to a “buy” rating and upped their price target for the stock from $58.00 to $65.00 in a report on Friday, March 14th. JPMorgan Chase & Co. dropped their price objective on shares of Chipotle Mexican Grill from $64.00 to $58.00 and set a “neutral” rating on the stock in a research note on Thursday, March 20th. Finally, Evercore ISI boosted their target price on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Eight analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $66.67.

Chipotle Mexican Grill Price Performance

NYSE:CMG opened at $50.19 on Tuesday. The firm has a market capitalization of $68.02 billion, a P/E ratio of 45.20, a P/E/G ratio of 2.04 and a beta of 1.27. The business has a 50 day simple moving average of $53.67 and a 200 day simple moving average of $57.53. Chipotle Mexican Grill, Inc. has a 12-month low of $47.55 and a 12-month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. Research analysts anticipate 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.