Impact Capital Partners LLC Takes Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Impact Capital Partners LLC acquired a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the fourth quarter, Holdings Channel reports. The firm acquired 16,994 shares of the restaurant operator’s stock, valued at approximately $1,025,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CMG. Ethos Financial Group LLC acquired a new stake in shares of Chipotle Mexican Grill in the fourth quarter worth $31,000. Sound Income Strategies LLC grew its stake in Chipotle Mexican Grill by 1,110.0% during the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock valued at $36,000 after acquiring an additional 555 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of Chipotle Mexican Grill in the 3rd quarter valued at about $37,000. Financial Life Planners purchased a new stake in shares of Chipotle Mexican Grill in the fourth quarter worth approximately $45,000. Finally, Oakworth Capital Inc. acquired a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth approximately $50,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Up 0.2 %

Shares of CMG opened at $50.07 on Thursday. Chipotle Mexican Grill, Inc. has a 12-month low of $47.98 and a 12-month high of $69.26. The firm has a market capitalization of $67.85 billion, a PE ratio of 45.10, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. The stock’s fifty day simple moving average is $55.85 and its 200-day simple moving average is $58.01.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analysts Set New Price Targets

CMG has been the topic of several research reports. KeyCorp dropped their price objective on shares of Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Stephens lowered their target price on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. Stifel Nicolaus decreased their price objective on shares of Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Jefferies Financial Group lifted their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Finally, Raymond James dropped their price target on Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Nine equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $66.60.

About Chipotle Mexican Grill

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.