Douglass Winthrop Advisors LLC Buys 107,699 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Douglass Winthrop Advisors LLC increased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 2,111.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,799 shares of the restaurant operator’s stock after acquiring an additional 107,699 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in Chipotle Mexican Grill were worth $6,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Alphinity Investment Management Pty Ltd purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $692,701,000. Raymond James Financial Inc. purchased a new stake in Chipotle Mexican Grill during the 4th quarter valued at $315,220,000. Caisse DE Depot ET Placement DU Quebec boosted its position in Chipotle Mexican Grill by 123.3% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,471,335 shares of the restaurant operator’s stock valued at $142,398,000 after buying an additional 1,364,635 shares during the period. Intech Investment Management LLC grew its holdings in Chipotle Mexican Grill by 224.2% in the 3rd quarter. Intech Investment Management LLC now owns 1,696,457 shares of the restaurant operator’s stock worth $97,750,000 after acquiring an additional 1,173,207 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Chipotle Mexican Grill by 11.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,271,318 shares of the restaurant operator’s stock valued at $476,593,000 after acquiring an additional 858,704 shares during the period. 91.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Barclays cut their target price on Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Wedbush reduced their target price on Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 5th. Evercore ISI upped their target price on Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Loop Capital upgraded shares of Chipotle Mexican Grill from a “hold” rating to a “buy” rating and lifted their price target for the company from $58.00 to $65.00 in a report on Friday, March 14th. Finally, Stephens dropped their target price on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. Eight research 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 company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $66.67.

Chipotle Mexican Grill Trading Up 0.0 %

CMG stock opened at $49.00 on Friday. The stock has a market capitalization of $66.41 billion, a PE ratio of 44.14, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. The stock’s 50 day simple moving average is $54.69 and its 200 day simple moving average is $57.71. 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 data on Tuesday, February 4th. The restaurant operator reported $0.25 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%. On average, research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

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.