Savvy Advisors Inc. Has $216,000 Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Savvy Advisors Inc. lessened its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 72.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,583 shares of the restaurant operator's stock after selling 9,573 shares during the period. Savvy Advisors Inc.'s holdings in Chipotle Mexican Grill were worth $216,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CMG. Ethos Financial Group LLC purchased a new stake in shares of Chipotle Mexican Grill during the 4th quarter worth $31,000. Sound Income Strategies LLC boosted its position in 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 valued at $36,000 after buying an additional 555 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Chipotle Mexican Grill in the 4th quarter valued at $38,000. Financial Life Planners acquired a new stake in Chipotle Mexican Grill during the 4th quarter worth about $45,000. Finally, Oakworth Capital Inc. purchased a new position in Chipotle Mexican Grill during the fourth quarter valued at approximately $50,000. 91.31% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Trading Up 0.1 %

NYSE:CMG traded up $0.05 during trading hours on Friday, hitting $48.13. 9,352,505 shares of the company traded hands, compared to its average volume of 13,443,023. The firm has a 50-day moving average of $50.92 and a 200 day moving average of $56.58. Chipotle Mexican Grill, Inc. has a twelve month low of $44.46 and a twelve month high of $69.26. The stock has a market capitalization of $65.24 billion, a price-to-earnings ratio of 43.36, a P/E/G ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Piper Sandler cut their price target on Chipotle Mexican Grill from $60.00 to $59.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Morgan Stanley raised shares of Chipotle Mexican Grill from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $65.00 to $70.00 in a research note on Monday, March 3rd. Sanford C. Bernstein reiterated an "outperform" rating and set a $70.00 price target on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Raymond James decreased their price objective on Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. Finally, Stephens reduced their price target on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 5th. Eight research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Chipotle Mexican Grill presently has a consensus rating of "Moderate Buy" and an average price target of $65.42.

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.