Vise Technologies Inc. Purchases 5,094 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Vise Technologies Inc. lifted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 78.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 11,620 shares of the restaurant operator's stock after buying an additional 5,094 shares during the period. Vise Technologies Inc.'s holdings in Chipotle Mexican Grill were worth $701,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

CMG has been the subject of several research reports. Stifel Nicolaus decreased their price target on shares of Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating for the company in a report on Wednesday, March 19th. Robert W. Baird decreased their price target on shares of Chipotle Mexican Grill from $62.00 to $56.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Wedbush reduced their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating for the company in a research note on Wednesday, February 5th. Barclays decreased their target price on shares of Chipotle Mexican Grill from $60.00 to $56.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. Finally, Morgan Stanley decreased their target price on shares of Chipotle Mexican Grill from $67.00 to $65.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Nine research 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $61.60.

Chipotle Mexican Grill Price Performance

NYSE CMG traded down $0.23 on Friday, hitting $49.50. 3,618,839 shares of the stock were exchanged, compared to its average volume of 13,450,585. The business's fifty day moving average is $50.02 and its 200 day moving average is $55.02. Chipotle Mexican Grill, Inc. has a 52 week low of $44.46 and a 52 week high of $69.26. The company has a market capitalization of $66.69 billion, a PE ratio of 44.66, a P/E/G ratio of 2.04 and a beta of 1.11.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.98 billion. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. The company's revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $13.37 earnings per share. Analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

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.