Farther Finance Advisors LLC raised its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 43.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,521 shares of the restaurant operator's stock after acquiring an additional 5,960 shares during the quarter. Farther Finance Advisors LLC's holdings in Chipotle Mexican Grill were worth $1,177,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Ethos Financial Group LLC bought a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $31,000. Sound Income Strategies LLC boosted its position 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 valued at $36,000 after acquiring an additional 555 shares in the last quarter. Truvestments Capital LLC bought a new stake in Chipotle Mexican Grill during the 3rd quarter valued at approximately $37,000. Financial Life Planners bought a new stake in Chipotle Mexican Grill during the 4th quarter valued at approximately $45,000. Finally, Oakworth Capital Inc. bought a new stake in shares of Chipotle Mexican Grill in the 4th quarter worth approximately $50,000. 91.31% of the stock is owned by institutional investors.
Shares of CMG opened at $48.70 on Friday. The firm has a market cap of $66.00 billion, a PE ratio of 43.87, a P/E/G ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 1-year low of $47.98 and a 1-year high of $69.26. The firm has a fifty day simple moving average of $55.63 and a two-hundred day simple moving average of $57.94.
Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. As a group, research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.
A number of analysts have recently commented on the company. Sanford C. Bernstein reissued an "outperform" rating and issued a $70.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Royal Bank of Canada reissued an "outperform" rating and issued a $75.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Truist Financial boosted their price target on Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a "buy" rating in a research report on Wednesday, December 4th. Stephens dropped their price target on Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 5th. Finally, Oppenheimer boosted their price target on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. Nine research 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's stock. Based on data from MarketBeat, Chipotle Mexican Grill has a consensus rating of "Moderate Buy" and a consensus price target of $66.60.
View Our Latest Stock Analysis on 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.
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