Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Bought by Atria Investments Inc

Atria Investments Inc boosted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 12.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 100,604 shares of the restaurant operator’s stock after acquiring an additional 11,444 shares during the quarter. Atria Investments Inc’s holdings in Chipotle Mexican Grill were worth $6,066,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its position in Chipotle Mexican Grill by 17.0% during the 4th quarter. Assetmark Inc. now owns 458,258 shares of the restaurant operator’s stock worth $27,633,000 after acquiring an additional 66,720 shares during the period. Triad Wealth Partners LLC acquired a new stake in Chipotle Mexican Grill during the 4th quarter worth about $403,000. Laffer Tengler Investments Inc. lifted its position in Chipotle Mexican Grill by 24.2% during the 4th quarter. Laffer Tengler Investments Inc. now owns 97,389 shares of the restaurant operator’s stock worth $5,873,000 after acquiring an additional 18,962 shares during the period. Mainstream Capital Management LLC lifted its position in Chipotle Mexican Grill by 0.9% during the 4th quarter. Mainstream Capital Management LLC now owns 27,034 shares of the restaurant operator’s stock worth $1,630,000 after acquiring an additional 231 shares during the period. Finally, Commerzbank Aktiengesellschaft FI lifted its position in Chipotle Mexican Grill by 29.0% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 6,715 shares of the restaurant operator’s stock worth $404,000 after acquiring an additional 1,511 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Trading Down 4.0 %

NYSE:CMG opened at $51.45 on Friday. Chipotle Mexican Grill, Inc. has a 12 month low of $47.98 and a 12 month high of $69.26. The stock has a 50 day moving average of $56.68 and a two-hundred day moving average of $58.06. The firm has a market cap of $69.73 billion, a P/E ratio of 46.34, 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, topping the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. On average, research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Analysts Set New Price Targets

CMG has been the subject of a number of research reports. 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 report on Wednesday, February 5th. Stifel Nicolaus decreased their price objective on Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Stephens decreased their price objective on Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Evercore ISI boosted their price objective on Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Finally, 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 report on Tuesday, January 28th. Nine research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $66.60.

Insider Activity

In other news, insider Laurie Schalow sold 4,404 shares of the company’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 value of $286,304.04. Following the completion of the sale, the insider now directly owns 185,792 shares in the company, 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 at this link. Company insiders own 1.02% of the company’s stock.

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.