Oregon Public Employees Retirement Fund Sells 450 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Oregon Public Employees Retirement Fund lowered its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 0.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 116,760 shares of the restaurant operator’s stock after selling 450 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Chipotle Mexican Grill were worth $7,041,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CMG. Transcendent Capital Group LLC boosted its holdings in Chipotle Mexican Grill by 950.0% in the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after purchasing an additional 475 shares during the period. Capital Performance Advisors LLP bought a new stake in Chipotle Mexican Grill in the 3rd quarter valued at about $33,000. Sound Income Strategies LLC boosted its holdings in Chipotle Mexican Grill by 1,110.0% in the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock valued at $36,000 after purchasing an additional 555 shares during the period. Truvestments Capital LLC bought a new stake in Chipotle Mexican Grill in the 3rd quarter valued at about $37,000. Finally, Financial Life Planners bought a new stake in Chipotle Mexican Grill in the 4th quarter valued at about $45,000. Institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Performance

Shares of NYSE CMG opened at $53.43 on Thursday. Chipotle Mexican Grill, Inc. has a 52-week low of $47.98 and a 52-week high of $69.26. The firm has a 50 day moving average price of $57.71 and a two-hundred day moving average price of $58.09. The stock has a market cap of $72.41 billion, a P/E ratio of 48.12, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating analysts’ consensus estimates 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 predict 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 company’s stock in a transaction on 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 of the company’s stock, valued at approximately $12,078,337.92. This represents a 2.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Barclays cut their price objective on shares of Chipotle Mexican Grill from $63.00 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 upped their price target for the stock from $59.00 to $73.00 in a report on Wednesday, February 5th. Evercore ISI upped their price target on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Raymond James cut their price target on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Finally, Stifel Nicolaus cut their price target on shares of Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Ten investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Chipotle Mexican Grill currently has an average rating of “Moderate Buy” and an average target price of $66.31.

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.