Y.D. More Investments Ltd Trims Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Y.D. More Investments Ltd lessened its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 11.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,005 shares of the restaurant operator’s stock after selling 4,000 shares during the quarter. Y.D. More Investments Ltd’s holdings in Chipotle Mexican Grill were worth $1,870,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CMG. Hager Investment Management Services LLC purchased a new stake in Chipotle Mexican Grill in the fourth quarter valued at approximately $1,413,000. Alexander Labrunerie & CO. Inc. grew its stake in shares of Chipotle Mexican Grill by 0.8% in the fourth quarter. Alexander Labrunerie & CO. Inc. now owns 28,775 shares of the restaurant operator’s stock valued at $1,735,000 after buying an additional 225 shares in the last quarter. E. Ohman J or Asset Management AB raised its holdings in shares of Chipotle Mexican Grill by 11.2% in the 4th quarter. E. Ohman J or Asset Management AB now owns 61,040 shares of the restaurant operator’s stock valued at $3,681,000 after buying an additional 6,140 shares during the period. Mather Group LLC. lifted its stake in Chipotle Mexican Grill by 12.0% during the 4th quarter. Mather Group LLC. now owns 13,881 shares of the restaurant operator’s stock worth $837,000 after acquiring an additional 1,483 shares in the last quarter. Finally, Rockline Wealth Management LLC increased its stake in Chipotle Mexican Grill by 4.0% during the fourth quarter. Rockline Wealth Management LLC now owns 52,683 shares of the restaurant operator’s stock worth $3,177,000 after purchasing an additional 2,013 shares during the period. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on CMG shares. Loop Capital lifted their price objective on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Barclays upped their price target on Chipotle Mexican Grill from $60.00 to $63.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 7th. Raymond James decreased their price objective 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. Wells Fargo & Company upped their target price on shares of Chipotle Mexican Grill from $67.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Finally, Jefferies Financial Group lifted their price target on shares of Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research note on Monday, December 16th. Ten research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and an average target price of $67.10.

Insider Activity

In related news, insider Laurie Schalow sold 4,404 shares of the business’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total value of $286,304.04. Following the sale, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. The trade was a 2.32 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Trading Up 1.3 %

CMG stock opened at $59.10 on Wednesday. The company’s 50-day moving average price is $60.43 and its 200 day moving average price is $57.80. Chipotle Mexican Grill, Inc. has a 52 week low of $47.98 and a 52 week high of $69.26. The company has a market cap of $80.53 billion, a P/E ratio of 55.01, a P/E/G ratio of 2.07 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. On average, equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

Chipotle Mexican Grill Company 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.