Ensign Peak Advisors Inc lifted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 339,759 shares of the restaurant operator's stock after purchasing an additional 22,589 shares during the period. Ensign Peak Advisors Inc's holdings in Chipotle Mexican Grill were worth $20,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently modified their holdings 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 boosted its holdings 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 buying an additional 555 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new stake in Chipotle Mexican Grill during the 4th quarter worth approximately $38,000. Financial Life Planners acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $45,000. Finally, Oakworth Capital Inc. acquired a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $50,000. 91.31% of the stock is currently owned by institutional investors and hedge funds.
Chipotle Mexican Grill Trading Up 0.7%
Shares of NYSE CMG traded up $0.36 during mid-day trading on Friday, reaching $52.40. The company had a trading volume of 5,978,659 shares, compared to its average volume of 13,535,559. Chipotle Mexican Grill, Inc. has a 52-week low of $44.46 and a 52-week high of $69.26. The stock has a market cap of $70.60 billion, a P/E ratio of 47.17, a PEG ratio of 2.04 and a beta of 1.11. The firm has a 50 day simple moving average of $49.68 and a two-hundred day simple moving average of $55.48.
Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.01. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.98 billion. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $13.37 EPS. On average, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.
Analysts Set New Price Targets
CMG has been the topic of several recent research reports. Stifel Nicolaus lowered their target price on shares of Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating on the stock in a research note on Wednesday, March 19th. Guggenheim set a $47.00 price objective on shares of Chipotle Mexican Grill in a report on Friday, April 25th. UBS Group decreased their target price on shares of Chipotle Mexican Grill from $65.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. TD Securities cut their price target on Chipotle Mexican Grill from $60.00 to $57.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Finally, Barclays lowered their price objective on Chipotle Mexican Grill from $60.00 to $56.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 22nd. Nine analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $61.74.
Get Our Latest Stock Analysis on CMG
About Chipotle Mexican Grill
(
Free Report)
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.
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