Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors increased its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 15.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 406,537 shares of the restaurant operator's stock after acquiring an additional 54,533 shares during the period. Captrust Financial Advisors' holdings in Chipotle Mexican Grill were worth $24,514,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Ethos Financial Group LLC purchased a new position in Chipotle Mexican Grill during the fourth quarter valued at $31,000. Sound Income Strategies LLC raised its stake in shares of Chipotle Mexican Grill by 1,110.0% in the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock worth $36,000 after buying an additional 555 shares during the period. Murphy & Mullick Capital Management Corp purchased a new position in shares of Chipotle Mexican Grill during the 4th quarter valued at about $38,000. Financial Life Planners bought a new position in shares of Chipotle Mexican Grill during the 4th quarter valued at approximately $45,000. Finally, Oakworth Capital Inc. purchased a new stake in Chipotle Mexican Grill in the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 91.31% of the company's stock.

Analyst Upgrades and Downgrades

CMG has been the subject of a number of research reports. UBS Group dropped their target price on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Stephens reissued an "equal weight" rating and issued a $49.00 target price on shares of Chipotle Mexican Grill in a report on Wednesday. Cfra raised shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and upped their price target for the company from $59.00 to $73.00 in a research note on Wednesday, February 5th. Wedbush reduced their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating on the stock in a report on Wednesday, February 5th. Finally, Truist Financial decreased their target price 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. Nine analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $61.74.

Chipotle Mexican Grill Price Performance

CMG stock traded down $1.68 during midday trading on Friday, hitting $49.77. 16,053,658 shares of the stock traded hands, compared to its average volume of 13,489,504. The stock's fifty day simple moving average is $49.73 and its 200-day simple moving average is $55.78. The firm has a market cap of $67.06 billion, a P/E ratio of 44.83, a PEG ratio of 2.04 and a beta of 1.11. 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 - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share for the quarter, beating the consensus estimate 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%. Chipotle Mexican Grill's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $13.37 EPS. On average, research analysts predict 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.