Dimensional Fund Advisors LP Boosts Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Dimensional Fund Advisors LP grew its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 7.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,731,904 shares of the restaurant operator’s stock after buying an additional 402,191 shares during the quarter. Dimensional Fund Advisors LP owned 0.42% of Chipotle Mexican Grill worth $345,633,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CMG. Ethos Financial Group LLC purchased a new stake in Chipotle Mexican Grill during the fourth quarter worth $31,000. Sound Income Strategies LLC boosted its stake in shares of 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 worth $36,000 after acquiring an additional 555 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at about $38,000. Financial Life Planners purchased a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at about $45,000. Finally, Oakworth Capital Inc. acquired a new position in Chipotle Mexican Grill in the 4th quarter worth about $50,000. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Performance

Shares of CMG opened at $48.13 on Monday. Chipotle Mexican Grill, Inc. has a 1 year low of $44.46 and a 1 year high of $69.26. The stock has a 50-day simple moving average of $50.92 and a 200-day simple moving average of $56.57. The stock has a market capitalization of $65.24 billion, a PE ratio of 43.36, a PEG ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (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%. Analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Wall Street Analyst Weigh In

CMG has been the subject of a number of recent analyst reports. Loop Capital upgraded Chipotle Mexican Grill from a “hold” rating to a “buy” rating and boosted their price objective for the company from $58.00 to $65.00 in a research report on Friday, March 14th. UBS Group cut their target price on shares of Chipotle Mexican Grill from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Wedbush decreased their price target on shares of 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. Sanford C. Bernstein reiterated an “outperform” rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Finally, Barclays dropped their target price on shares of Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Eight investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.42.

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.