Murphy & Mullick Capital Management Corp Buys Shares of 625 Chipotle Mexican Grill, Inc. (NYSE:CMG)

Murphy & Mullick Capital Management Corp acquired a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 625 shares of the restaurant operator’s stock, valued at approximately $38,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CMG. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of Chipotle Mexican Grill by 1.1% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 856,888 shares of the restaurant operator’s stock valued at $51,670,000 after purchasing an additional 9,630 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in Chipotle Mexican Grill by 0.8% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 31,933 shares of the restaurant operator’s stock valued at $1,926,000 after buying an additional 253 shares during the last quarter. Zions Bancorporation N.A. boosted its position in Chipotle Mexican Grill by 21.1% during the 4th quarter. Zions Bancorporation N.A. now owns 6,260 shares of the restaurant operator’s stock worth $377,000 after buying an additional 1,092 shares during the period. TIAA Trust National Association grew its holdings in Chipotle Mexican Grill by 260.5% during the 4th quarter. TIAA Trust National Association now owns 253,985 shares of the restaurant operator’s stock worth $15,315,000 after acquiring an additional 183,522 shares during the last quarter. Finally, Ashton Thomas Securities LLC increased its position in Chipotle Mexican Grill by 5.3% in the 4th quarter. Ashton Thomas Securities LLC now owns 9,580 shares of the restaurant operator’s stock valued at $577,000 after acquiring an additional 480 shares during the period. Institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Up 1.8 %

Shares of CMG stock opened at $50.98 on Friday. The firm has a market cap of $69.10 billion, a P/E ratio of 45.92, a PEG ratio of 2.04 and a beta of 1.27. The company has a 50 day moving average of $53.97 and a 200-day moving average of $57.57. Chipotle Mexican Grill, Inc. has a 12-month low of $47.55 and a 12-month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share 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, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Ratings Changes

Several research analysts have commented on CMG shares. JPMorgan Chase & Co. cut their target price on Chipotle Mexican Grill from $64.00 to $58.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Cfra raised Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and lifted their price objective for the stock from $59.00 to $73.00 in a research note on Wednesday, February 5th. Barclays decreased their target price on shares of Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. Piper Sandler dropped their price target on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Finally, Jefferies Financial Group increased their price objective on shares of Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Eight equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Chipotle Mexican Grill has an average rating of “Moderate Buy” and a consensus price target of $66.67.

Chipotle Mexican Grill Company 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.