Y Intercept Hong Kong Ltd Buys Shares of 446,249 Chipotle Mexican Grill, Inc. $CMG

Y Intercept Hong Kong Ltd purchased a new position in Chipotle Mexican Grill, Inc. (NYSE:CMG) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 446,249 shares of the restaurant operator’s stock, valued at approximately $14,284,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Revolve Wealth Partners LLC increased its position in Chipotle Mexican Grill by 4.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after buying an additional 214 shares in the last quarter. Centurion Wealth Management LLC boosted its holdings in Chipotle Mexican Grill by 3.1% in the fourth quarter. Centurion Wealth Management LLC now owns 8,713 shares of the restaurant operator’s stock worth $322,000 after acquiring an additional 260 shares in the last quarter. City State Bank boosted its holdings in Chipotle Mexican Grill by 13.4% in the fourth quarter. City State Bank now owns 2,330 shares of the restaurant operator’s stock worth $86,000 after acquiring an additional 275 shares in the last quarter. Groupama Asset Managment grew its stake in shares of Chipotle Mexican Grill by 1.9% in the fourth quarter. Groupama Asset Managment now owns 15,596 shares of the restaurant operator’s stock worth $568,000 after acquiring an additional 291 shares during the last quarter. Finally, Cromwell Holdings LLC grew its stake in shares of Chipotle Mexican Grill by 7.4% in the fourth quarter. Cromwell Holdings LLC now owns 4,295 shares of the restaurant operator’s stock worth $159,000 after acquiring an additional 295 shares during the last quarter. 91.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

CMG has been the subject of several analyst reports. TD Cowen reaffirmed a “buy” rating and issued a $44.00 price target on shares of Chipotle Mexican Grill in a research report on Thursday, April 30th. BNP Paribas Exane increased their price objective on shares of Chipotle Mexican Grill from $37.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Guggenheim cut their price objective on shares of Chipotle Mexican Grill from $36.00 to $35.00 and set a “neutral” rating on the stock in a research report on Friday, May 1st. Stephens raised their price objective on shares of Chipotle Mexican Grill from $38.00 to $39.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Finally, Raymond James Financial decreased their target price on shares of Chipotle Mexican Grill from $43.00 to $41.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Twenty-three analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.10.

Chipotle Mexican Grill Stock Performance

CMG stock opened at $35.37 on Friday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $28.03 and a fifty-two week high of $57.25. The business’s 50-day moving average is $32.27 and its two-hundred day moving average is $35.08. The company has a market cap of $45.37 billion, a price-to-earnings ratio of 32.45, a P/E/G ratio of 2.25 and a beta of 0.96.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. Chipotle Mexican Grill had a return on equity of 49.64% and a net margin of 11.96%.The business had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the previous year, the company posted $0.29 EPS. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.13 earnings per share for the current year.

Chipotle Mexican Grill News Summary

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Chipotle was added to the Russell 1000 Dynamic, Midcap, and Midcap Growth indices while being removed from some Russell Top 200 indices. The inclusion in midcap-focused benchmarks could support demand from index funds and benchmark-aware investors. Chipotle (CMG) Leaves Russell Top 200 And Joins Midcap Growth Indices
• Positive Sentiment: Recent coverage highlighted Chipotle’s menu innovation, rewards-program momentum, and expansion plans as drivers that could keep growth intact. CMG Stock Rises 22% in a Month: Should You Buy Now or Hold Steady?
• Positive Sentiment: Market commentary noted Chipotle has outperformed recently and continues to attract investor interest, suggesting improving sentiment around the stock. Chipotle Mexican Grill (CMG) Gains As Market Dips: What You Should Know
• Neutral Sentiment: Chipotle is getting increased search and discussion activity from investors, which signals attention but does not by itself change fundamentals. Investors Heavily Search Chipotle Mexican Grill, Inc. (CMG): Here is What You Need to Know
• Negative Sentiment: Traders also bought a large amount of put options, which can indicate rising caution or hedging against near-term downside.
• Negative Sentiment: Analyst commentary continues to point to food and labor inflation as key headwinds that could pressure margins even as sales trends improve. CMG Stock Rises 22% in a Month: Should You Buy Now or Hold Steady?

About Chipotle Mexican Grill

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.