CX Institutional Has $443,000 Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

CX Institutional lifted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,352 shares of the restaurant operator’s stock after buying an additional 431 shares during the quarter. CX Institutional’s holdings in Chipotle Mexican Grill were worth $443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Hantz Financial Services Inc. lifted its position in Chipotle Mexican Grill by 5,897.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock worth $2,820,000 after acquiring an additional 48,126 shares during the last quarter. L & S Advisors Inc bought a new position in shares of Chipotle Mexican Grill in the third quarter worth about $3,256,000. Optas LLC lifted its position in shares of Chipotle Mexican Grill by 318.5% during the 3rd quarter. Optas LLC now owns 17,160 shares of the restaurant operator’s stock worth $989,000 after purchasing an additional 13,060 shares during the last quarter. Savvy Advisors Inc. bought a new stake in Chipotle Mexican Grill during the 3rd quarter valued at approximately $758,000. Finally, Pathway Financial Advisers LLC boosted its stake in Chipotle Mexican Grill by 5,662.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 8,643 shares of the restaurant operator’s stock valued at $498,000 after purchasing an additional 8,493 shares during the period. 91.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CMG has been the subject of a number of research analyst reports. Oppenheimer upped their price target on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Citigroup cut their target price on shares of Chipotle Mexican Grill from $71.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Wells Fargo & Company increased their price target on shares of Chipotle Mexican Grill from $67.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Wedbush restated an “outperform” rating and set a $69.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday. Finally, Barclays increased their target price on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 7th. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.81.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total transaction of $286,304.04. Following the sale, the insider now directly owns 185,792 shares of the company’s stock, valued at $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Trading Down 1.6 %

NYSE CMG opened at $56.61 on Friday. Chipotle Mexican Grill, Inc. has a 1-year low of $46.15 and a 1-year high of $69.26. The company has a 50 day moving average of $60.64 and a 200-day moving average of $57.72. The firm has a market cap of $77.14 billion, a price-to-earnings ratio of 52.69, a PEG ratio of 1.88 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.82 billion. During the same period last year, the firm posted $0.23 EPS. The business’s revenue was up 13.0% on a year-over-year basis. On average, analysts forecast that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

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.