Mufg Securities Americas Inc. Buys Shares of 20,114 Chipotle Mexican Grill, Inc. (NYSE:CMG)

Mufg Securities Americas Inc. acquired a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 20,114 shares of the restaurant operator's stock, valued at approximately $1,213,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CMG. Salem Investment Counselors Inc. lifted its stake in Chipotle Mexican Grill by 27.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,483 shares of the restaurant operator's stock worth $89,000 after purchasing an additional 323 shares during the last quarter. Claro Advisors LLC lifted its stake in Chipotle Mexican Grill by 14.2% during the fourth quarter. Claro Advisors LLC now owns 7,710 shares of the restaurant operator's stock worth $465,000 after purchasing an additional 961 shares during the last quarter. Pallas Capital Advisors LLC lifted its stake in Chipotle Mexican Grill by 19.6% during the fourth quarter. Pallas Capital Advisors LLC now owns 10,817 shares of the restaurant operator's stock worth $652,000 after purchasing an additional 1,775 shares during the last quarter. Safeguard Financial LLC purchased a new stake in Chipotle Mexican Grill during the fourth quarter worth approximately $344,000. Finally, Oak Thistle LLC lifted its stake in Chipotle Mexican Grill by 44.0% during the fourth quarter. Oak Thistle LLC now owns 19,451 shares of the restaurant operator's stock worth $1,173,000 after purchasing an additional 5,948 shares during the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Up 0.5%

CMG stock traded up $0.28 on Friday, reaching $52.32. 10,833,771 shares of the company's stock were exchanged, compared to its average volume of 13,565,012. The stock has a fifty day moving average of $49.72 and a 200-day moving average of $55.43. Chipotle Mexican Grill, Inc. has a twelve month low of $44.46 and a twelve month high of $69.26. The firm has a market cap of $70.49 billion, a PE ratio of 47.12, a P/E/G ratio of 2.04 and a beta of 1.11.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share 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 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 quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $13.37 earnings per share. On average, equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Guggenheim set a $47.00 target price on Chipotle Mexican Grill in a research note on Friday, April 25th. Robert W. Baird decreased their price objective on Chipotle Mexican Grill from $62.00 to $56.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Stifel Nicolaus decreased their price objective on Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating for the company in a report on Wednesday, March 19th. Sanford C. Bernstein reissued an "outperform" rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Finally, Piper Sandler decreased their price objective on Chipotle Mexican Grill from $59.00 to $52.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Nine investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Chipotle Mexican Grill presently has an average rating of "Moderate Buy" and an average price target of $61.74.

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.