Oxford Asset Management LLP Purchases 2,833 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Oxford Asset Management LLP grew its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 42.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,545 shares of the restaurant operator’s stock after purchasing an additional 2,833 shares during the quarter. Oxford Asset Management LLP’s holdings in Chipotle Mexican Grill were worth $576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of CMG. Ethos Financial Group LLC bought a new position in Chipotle Mexican Grill in the 4th quarter worth approximately $31,000. Sound Income Strategies LLC lifted its stake in Chipotle Mexican Grill by 1,110.0% in the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 555 shares in the last quarter. Murphy & Mullick Capital Management Corp bought a new position 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 during the fourth quarter valued at about $45,000. Finally, Oakworth Capital Inc. purchased a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at about $50,000. 91.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Morgan Stanley dropped their price target on Chipotle Mexican Grill from $67.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday. Stifel Nicolaus lowered their target price on Chipotle Mexican Grill from $68.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, March 19th. Truist Financial reduced their price target on shares of Chipotle Mexican Grill from $74.00 to $61.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. Raymond James decreased their price target on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Finally, Barclays dropped their price objective on shares of Chipotle Mexican Grill from $60.00 to $56.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 22nd. 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $61.78.

Chipotle Mexican Grill Price Performance

Chipotle Mexican Grill stock opened at $51.93 on Friday. The stock has a market cap of $70.38 billion, a price-to-earnings ratio of 46.78, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. The firm has a 50-day moving average of $50.11 and a two-hundred day moving average of $56.28. Chipotle Mexican Grill, Inc. has a 1 year low of $44.46 and a 1 year high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.98 billion. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Research analysts expect 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.