Chipotle Mexican Grill, Inc. (NYSE:CMG) Position Boosted by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5.0% during the 4th quarter, HoldingsChannel reports. The fund owned 50,832 shares of the restaurant operator’s stock after purchasing an additional 2,408 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Chipotle Mexican Grill were worth $3,065,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in Chipotle Mexican Grill during the 4th quarter valued at about $371,000. U.S. Capital Wealth Advisors LLC grew its stake in Chipotle Mexican Grill by 155.1% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator’s stock valued at $900,000 after acquiring an additional 9,070 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV purchased a new position in Chipotle Mexican Grill during the 4th quarter valued at about $715,000. Hantz Financial Services Inc. grew its stake in shares of Chipotle Mexican Grill by 5,897.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock valued at $2,820,000 after buying an additional 48,126 shares in the last quarter. Finally, L & S Advisors Inc bought a new stake in shares of Chipotle Mexican Grill in the 3rd quarter valued at approximately $3,256,000. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Raymond James lowered their price target on Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. Jefferies Financial Group boosted their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a “hold” rating in a research note on Monday, December 16th. Wedbush lowered their price target on Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating for the company in a research note on Wednesday, February 5th. Piper Sandler lowered their price target on Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Finally, Truist Financial boosted their price target on Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Nine research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $66.60.

Chipotle Mexican Grill Trading Down 4.0 %

CMG opened at $51.45 on Friday. The stock has a market cap of $69.73 billion, a PE ratio of 46.34, a P/E/G ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 1 year low of $47.98 and a 1 year high of $69.26. The stock’s 50 day simple moving average is $56.68 and its 200-day simple moving average is $58.06.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Laurie Schalow sold 4,404 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was 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 in the company, valued at approximately $12,078,337.92. The trade was a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.02% of the stock is currently owned by company insiders.

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.