Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by X Square Capital LLC

X Square Capital LLC increased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 1.0% in the 4th quarter, HoldingsChannel reports. The firm owned 50,118 shares of the restaurant operator’s stock after buying an additional 474 shares during the quarter. Chipotle Mexican Grill makes up 1.2% of X Square Capital LLC’s portfolio, making the stock its 24th largest position. X Square Capital LLC’s holdings in Chipotle Mexican Grill were worth $3,022,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CMG. Golden State Wealth Management LLC purchased a new stake in shares of Chipotle Mexican Grill in the fourth quarter valued at $371,000. Raymond James Financial Inc. purchased a new position in Chipotle Mexican Grill in the 4th quarter valued at about $315,220,000. U.S. Capital Wealth Advisors LLC boosted its stake in shares of Chipotle Mexican Grill by 155.1% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator’s stock worth $900,000 after purchasing an additional 9,070 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth about $715,000. Finally, Vinva Investment Management Ltd grew its holdings in shares of Chipotle Mexican Grill by 50.6% during the fourth quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator’s stock worth $3,910,000 after buying an additional 21,864 shares in the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Analyst Ratings Changes

CMG has been the subject of a number of research analyst reports. Oppenheimer upped their price objective on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Cfra upgraded Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and upped their price objective for the stock from $59.00 to $73.00 in a report on Wednesday, February 5th. Piper Sandler reduced their target price on Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Evercore ISI upped their price target on Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Finally, Wedbush cut their price objective on Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating on the stock in a report on Wednesday, February 5th. Eight research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average price target of $66.67.

Chipotle Mexican Grill Stock Performance

Shares of Chipotle Mexican Grill stock opened at $50.98 on Friday. Chipotle Mexican Grill, Inc. has a 1 year low of $47.55 and a 1 year high of $69.26. The firm’s 50-day simple moving average is $53.97 and its 200-day simple moving average is $57.57. The firm has a market cap of $69.10 billion, a PE ratio of 45.92, a price-to-earnings-growth 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 earnings per share (EPS) for the quarter, beating 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%. On average, equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

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.