80,396 Shares in Chipotle Mexican Grill, Inc. (NYSE:CMG) Purchased by Virtu Financial LLC

Virtu Financial LLC acquired a new stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 80,396 shares of the restaurant operator's stock, valued at approximately $4,848,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ethos Financial Group LLC bought a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $31,000. Sound Income Strategies LLC boosted its position in Chipotle Mexican Grill by 1,110.0% during the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock valued at $36,000 after purchasing an additional 555 shares during the period. Truvestments Capital LLC bought a new position in Chipotle Mexican Grill during the 3rd quarter worth $37,000. Financial Life Planners acquired a new stake in Chipotle Mexican Grill in the fourth quarter worth $45,000. Finally, Oakworth Capital Inc. bought a new stake in Chipotle Mexican Grill in the fourth quarter valued at $50,000. Institutional investors and hedge funds own 91.31% of the company's stock.

Chipotle Mexican Grill Stock Performance

CMG traded down $0.11 during trading on Tuesday, reaching $49.49. The company had a trading volume of 11,348,955 shares, compared to its average volume of 13,036,199. The firm's 50-day simple moving average is $54.26 and its 200 day simple moving average is $57.67. The company has a market cap of $67.08 billion, a price-to-earnings ratio of 44.58, a PEG ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12-month low of $47.55 and a 12-month high of $69.26.

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Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its earnings results 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 net margin of 13.56% and a return on equity of 42.92%. On average, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CMG. Citigroup upped their price target on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a "buy" rating in a research report on Wednesday, February 5th. Piper Sandler decreased their target price on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Cfra upgraded shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and raised their price target for the company from $59.00 to $73.00 in a research note on Wednesday, February 5th. Stephens reduced their price objective on Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 5th. Finally, Loop Capital upgraded Chipotle Mexican Grill from a "hold" rating to a "buy" rating and raised their target price for the company from $58.00 to $65.00 in a research report on Friday, March 14th. Eight analysts have rated the stock with a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $66.67.

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.