Mattson Financial Services LLC Sells 16,158 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Mattson Financial Services LLC reduced its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 93.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,131 shares of the restaurant operator's stock after selling 16,158 shares during the period. Mattson Financial Services LLC's holdings in Chipotle Mexican Grill were worth $65,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. TFR Capital LLC. purchased a new position in Chipotle Mexican Grill in the 4th quarter worth approximately $2,337,000. Financial Insights Inc. bought a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $254,000. Dogwood Wealth Management LLC raised its holdings in shares of Chipotle Mexican Grill by 49.8% during the fourth quarter. Dogwood Wealth Management LLC now owns 9,961 shares of the restaurant operator's stock valued at $601,000 after acquiring an additional 3,312 shares in the last quarter. Park Square Financial Group LLC bought a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $72,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $77,743,000. 91.31% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Trading Up 0.8%

CMG stock traded up $0.39 during trading on Friday, reaching $50.12. The stock had a trading volume of 14,823,367 shares, compared to its average volume of 13,504,067. The stock's 50 day moving average is $50.04 and its two-hundred day moving average is $54.95. Chipotle Mexican Grill, Inc. has a 52 week low of $44.46 and a 52 week high of $69.26. The firm has a market cap of $67.53 billion, a PE ratio of 45.15, a PEG ratio of 2.04 and a beta of 1.11.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.98 billion. During the same quarter last year, the company earned $13.37 earnings per share. The business's revenue for the quarter was up 6.4% compared to the same quarter last year. On average, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

CMG has been the subject of a number of recent analyst reports. Morgan Stanley decreased their target price on Chipotle Mexican Grill from $67.00 to $65.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. UBS Group reduced their price target on 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. Evercore ISI reduced their price target on Chipotle Mexican Grill from $64.00 to $57.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Truist Financial cut their target price on Chipotle Mexican Grill from $74.00 to $61.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Finally, Cfra raised Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and increased their target price for the stock from $59.00 to $73.00 in a research note on Wednesday, February 5th. Nine analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $61.60.

Chipotle Mexican Grill 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.