Cozad Asset Management Inc. Grows Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Cozad Asset Management Inc. grew its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 0.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 236,190 shares of the restaurant operator’s stock after buying an additional 288 shares during the period. Chipotle Mexican Grill comprises 1.3% of Cozad Asset Management Inc.’s portfolio, making the stock its 17th largest position. Cozad Asset Management Inc.’s holdings in Chipotle Mexican Grill were worth $14,242,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CMG. Golden State Wealth Management LLC bought a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at about $371,000. Raymond James Financial Inc. acquired a new position in Chipotle Mexican Grill in the 4th quarter worth approximately $315,220,000. U.S. Capital Wealth Advisors LLC raised its position in Chipotle Mexican Grill by 155.1% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator’s stock valued at $900,000 after buying an additional 9,070 shares during the period. Woodard & Co. Asset Management Group Inc. ADV acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at about $715,000. Finally, Hantz Financial Services Inc. boosted its stake in shares of Chipotle Mexican Grill by 5,897.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock valued at $2,820,000 after buying an additional 48,126 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CMG. Piper Sandler decreased their price objective on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Citigroup raised their price target on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, February 5th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $75.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Stifel Nicolaus lowered their price objective on Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company dropped their target price on shares of Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Eight equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.85.

Chipotle Mexican Grill Stock Up 2.8 %

Shares of NYSE:CMG opened at $50.12 on Monday. The stock has a market capitalization of $67.93 billion, a P/E ratio of 45.14, a PEG ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 52 week low of $47.98 and a 52 week high of $69.26. The firm has a fifty day simple moving average of $55.43 and a two-hundred day simple moving average of $57.94.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

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.