Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by Hills Bank & Trust Co

Hills Bank & Trust Co boosted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 0.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 84,428 shares of the restaurant operator’s stock after purchasing an additional 361 shares during the period. Hills Bank & Trust Co’s holdings in Chipotle Mexican Grill were worth $5,091,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Ethos Financial Group LLC bought a new position in shares of Chipotle Mexican Grill during the 4th quarter valued at about $31,000. Sound Income Strategies LLC increased its holdings 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 valued at $36,000 after buying an additional 555 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Chipotle Mexican Grill during the 3rd quarter valued at $37,000. Financial Life Planners bought a new stake in shares of Chipotle Mexican Grill during the 4th quarter worth $45,000. Finally, Oakworth Capital Inc. acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter worth $50,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Price Performance

NYSE CMG opened at $50.12 on Friday. The firm has a market cap of $67.93 billion, a P/E ratio of 45.14, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. The stock’s 50-day moving average is $55.43 and its two-hundred day moving average is $57.91. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.98 and a fifty-two week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results 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 return on equity of 42.92% and a net margin of 13.56%. On average, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CMG. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $70.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Stifel Nicolaus reduced their price objective on shares of Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. KeyCorp dropped their target price on shares of Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Truist Financial upped their price target on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Finally, Wells Fargo & Company lowered their price objective on shares of Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating on the stock in a research 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 assigned a strong buy rating to the company. According to data from MarketBeat, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and a consensus target price of $66.85.

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.