Boston Trust Walden Corp Boosts Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Boston Trust Walden Corp increased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 2.1% in the 4th quarter, Holdings Channel reports. The firm owned 39,400 shares of the restaurant operator’s stock after purchasing an additional 800 shares during the period. Boston Trust Walden Corp’s holdings in Chipotle Mexican Grill were worth $2,376,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CMG. Assenagon Asset Management S.A. lifted its position in shares of Chipotle Mexican Grill by 1,087.9% in the third quarter. Assenagon Asset Management S.A. now owns 4,712,724 shares of the restaurant operator’s stock valued at $271,547,000 after acquiring an additional 4,315,983 shares in the last quarter. Congress Asset Management Co. acquired a new position in Chipotle Mexican Grill in the 3rd quarter valued at $109,396,000. Thrivent Financial for Lutherans lifted its holdings in Chipotle Mexican Grill by 674.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 2,122,778 shares of the restaurant operator’s stock valued at $122,314,000 after purchasing an additional 1,848,625 shares in the last quarter. Raymond James & Associates boosted its stake in Chipotle Mexican Grill by 94.3% during the 3rd quarter. Raymond James & Associates now owns 2,969,776 shares of the restaurant operator’s stock worth $171,118,000 after purchasing an additional 1,441,172 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of Chipotle Mexican Grill by 5,188.9% during the third quarter. International Assets Investment Management LLC now owns 1,421,140 shares of the restaurant operator’s stock worth $818,860,000 after buying an additional 1,394,270 shares in the last quarter. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CMG shares. Robert W. Baird boosted their price target on shares of Chipotle Mexican Grill from $62.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Loop Capital boosted their target price on Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a report on Wednesday, October 30th. Royal Bank of Canada reiterated an “outperform” rating and set a $75.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Citigroup cut their target price on Chipotle Mexican Grill from $70.00 to $69.00 and set a “buy” rating for the company in a research note on Monday, January 27th. Finally, Wedbush reissued an “outperform” rating and set a $69.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, January 22nd. Ten analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.88.

Insider Transactions at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of the business’s stock in a transaction 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 completion of the transaction, the insider now 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Stock Up 1.3 %

Shares of CMG stock opened at $59.10 on Wednesday. The firm has a 50 day moving average of $60.43 and a two-hundred day moving average of $57.80. The stock has a market capitalization of $80.53 billion, a PE ratio of 55.01, a P/E/G ratio of 2.07 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 52 week low of $47.98 and a 52 week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results 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 43.20% and a net margin of 13.51%. Analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 EPS for the current fiscal 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.