Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. increased its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMGFree Report) by 41.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,898 shares of the restaurant operator’s stock after acquiring an additional 12,369 shares during the period. Blue Trust Inc.’s holdings in Chipotle Mexican Grill were worth $2,414,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CMG. PFG Investments LLC increased its holdings in shares of Chipotle Mexican Grill by 7.0% in the 4th quarter. PFG Investments LLC now owns 35,749 shares of the restaurant operator’s stock valued at $2,156,000 after purchasing an additional 2,338 shares in the last quarter. Harrell Investment Partners LLC acquired a new position in Chipotle Mexican Grill during the fourth quarter worth about $2,513,000. Guerra Pan Advisors LLC increased its holdings in Chipotle Mexican Grill by 10.4% in the fourth quarter. Guerra Pan Advisors LLC now owns 13,633 shares of the restaurant operator’s stock valued at $822,000 after buying an additional 1,283 shares in the last quarter. Jamison Private Wealth Management Inc. lifted its position in shares of Chipotle Mexican Grill by 841.1% during the 4th quarter. Jamison Private Wealth Management Inc. now owns 9,882 shares of the restaurant operator’s stock valued at $596,000 after acquiring an additional 8,832 shares during the period. Finally, First Citizens Bank & Trust Co. boosted its stake in shares of Chipotle Mexican Grill by 4.0% during the 4th quarter. First Citizens Bank & Trust Co. now owns 12,272 shares of the restaurant operator’s stock worth $740,000 after acquiring an additional 468 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Analyst Ratings Changes

CMG has been the topic of a number of research analyst reports. Wedbush reiterated an “outperform” rating and set a $69.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, January 22nd. Stephens reiterated an “equal weight” rating and issued a $65.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, November 12th. Evercore ISI raised their target price on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Royal Bank of Canada increased their price target on shares of Chipotle Mexican Grill from $70.00 to $75.00 and gave the company an “outperform” rating in a research report on Tuesday, December 17th. Finally, Raymond James lifted their price objective on Chipotle Mexican Grill from $66.00 to $72.00 and gave the stock an “outperform” rating in a research report on Monday, December 16th. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.77.

Read Our Latest Report on Chipotle Mexican Grill

Chipotle Mexican Grill Stock Performance

CMG opened at $58.30 on Tuesday. Chipotle Mexican Grill, Inc. has a 1 year low of $46.29 and a 1 year high of $69.26. The firm has a 50 day moving average price of $60.64 and a 200 day moving average price of $57.72. The company has a market cap of $79.43 billion, a PE ratio of 54.26, a price-to-earnings-growth ratio of 1.88 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last released its quarterly earnings data on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. The company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same quarter in the prior year, the business earned $0.23 earnings per share. The business’s quarterly revenue was up 13.0% compared to the same quarter last year. On average, sell-side analysts predict that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the transaction, the insider now directly owns 185,792 shares of the company’s stock, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.02% of the stock is owned by corporate insiders.

Chipotle Mexican Grill Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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