625 Shares in Chipotle Mexican Grill, Inc. (NYSE:CMG) Acquired by Murphy & Mullick Capital Management Corp

Murphy & Mullick Capital Management Corp purchased a new stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 625 shares of the restaurant operator’s stock, valued at approximately $38,000.

Several other large investors have also recently bought and sold shares of the company. Alphinity Investment Management Pty Ltd purchased a new position in shares of Chipotle Mexican Grill during the fourth quarter worth about $692,701,000. Raymond James Financial Inc. purchased a new stake in Chipotle Mexican Grill in the fourth quarter worth approximately $315,220,000. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Chipotle Mexican Grill by 123.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,471,335 shares of the restaurant operator’s stock worth $142,398,000 after acquiring an additional 1,364,635 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Chipotle Mexican Grill by 11.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,271,318 shares of the restaurant operator’s stock worth $476,593,000 after acquiring an additional 858,704 shares during the last quarter. Finally, AGF Management Ltd. boosted its stake in shares of Chipotle Mexican Grill by 1,158.2% in the 4th quarter. AGF Management Ltd. now owns 891,554 shares of the restaurant operator’s stock valued at $53,761,000 after purchasing an additional 820,696 shares in the last quarter. 91.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on CMG. Jefferies Financial Group boosted their price target on shares of Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research note on Monday, December 16th. Wells Fargo & Company lowered their target price on Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Cfra upgraded Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and increased their target price for the company from $59.00 to $73.00 in a report on Wednesday, February 5th. Loop Capital raised Chipotle Mexican Grill from a “hold” rating to a “buy” rating and lifted their price target for the stock from $58.00 to $65.00 in a research note on Friday, March 14th. Finally, Oppenheimer increased their price objective on Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Eight 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 company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $66.67.

Chipotle Mexican Grill Trading Up 1.8 %

NYSE CMG opened at $50.98 on Friday. Chipotle Mexican Grill, Inc. has a 12 month low of $47.55 and a 12 month high of $69.26. The stock’s fifty day moving average price is $53.97 and its 200-day moving average price is $57.57. The stock has a market cap of $69.10 billion, a P/E ratio of 45.92, a P/E/G ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. As a group, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share 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.