GWN Securities Inc. Makes New Investment in Chipotle Mexican Grill, Inc. (NYSE:CMG)

GWN Securities Inc. acquired a new position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 5,134 shares of the restaurant operator’s stock, valued at approximately $292,000.

Other large investors have also recently added to or reduced their stakes in the company. Ethos Financial Group LLC bought a new position in Chipotle Mexican Grill during the 4th quarter worth $31,000. Sound Income Strategies LLC increased its position in shares of Chipotle Mexican Grill by 1,110.0% in the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 555 shares during the period. Truvestments Capital LLC bought a new position in shares of Chipotle Mexican Grill in the third quarter worth $37,000. Financial Life Planners bought a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $45,000. Finally, Oakworth Capital Inc. bought a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $50,000. Institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Trading Down 0.8 %

Shares of Chipotle Mexican Grill stock opened at $49.61 on Tuesday. The stock has a fifty day simple moving average of $55.25 and a 200 day simple moving average of $57.89. Chipotle Mexican Grill, Inc. has a 12-month low of $47.98 and a 12-month high of $69.26. The company has a market capitalization of $67.24 billion, a P/E ratio of 44.69, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last posted 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%. On average, analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Stephens decreased 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. Wedbush reduced their price objective on Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 5th. Cfra raised Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and raised their price objective for the company from $59.00 to $73.00 in a research note on Wednesday, February 5th. Piper Sandler reduced their price objective on Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus cut their price target on Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Eight analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $66.85.

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.