Mitsubishi UFJ Asset Management Co. Ltd. Has $128.35 Million Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 7.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,149,863 shares of the restaurant operator’s stock after acquiring an additional 147,047 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.16% of Chipotle Mexican Grill worth $128,347,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in CMG. Korea Investment CORP increased its position in shares of Chipotle Mexican Grill by 6.6% during the fourth quarter. Korea Investment CORP now owns 1,142,615 shares of the restaurant operator’s stock worth $68,900,000 after acquiring an additional 70,252 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in Chipotle Mexican Grill during the 4th quarter valued at about $38,000. Mitsubishi UFJ Trust & Banking Corp increased its holdings in Chipotle Mexican Grill by 1.1% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 856,888 shares of the restaurant operator’s stock worth $51,670,000 after purchasing an additional 9,630 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of Chipotle Mexican Grill by 0.8% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 31,933 shares of the restaurant operator’s stock worth $1,926,000 after purchasing an additional 253 shares during the last quarter. Finally, Zions Bancorporation N.A. lifted its holdings in shares of Chipotle Mexican Grill by 21.1% in the fourth quarter. Zions Bancorporation N.A. now owns 6,260 shares of the restaurant operator’s stock valued at $377,000 after purchasing an additional 1,092 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Up 1.8 %

Shares of CMG opened at $50.98 on Friday. Chipotle Mexican Grill, Inc. has a twelve month low of $47.55 and a twelve month high of $69.26. The stock has a market cap of $69.10 billion, a PE ratio of 45.92, a P/E/G ratio of 2.04 and a beta of 1.27. The business’s 50-day moving average price is $53.97 and its 200-day moving average price is $57.57.

Chipotle Mexican Grill (NYSE:CMG) last posted its 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%. Analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Oppenheimer increased their price target on Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Stephens lowered their target price on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Cfra raised 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 report on Wednesday, February 5th. Raymond James reduced their price objective on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Finally, Truist Financial lifted their target price on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.67.

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.