Baltimore Washington Financial Advisors Inc. Increases Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Baltimore Washington Financial Advisors Inc. boosted its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 1.4% during the 4th quarter, Holdings Channel reports. The firm owned 445,319 shares of the restaurant operator’s stock after acquiring an additional 6,341 shares during the period. Chipotle Mexican Grill makes up about 1.4% of Baltimore Washington Financial Advisors Inc.’s investment portfolio, making the stock its 25th largest holding. Baltimore Washington Financial Advisors Inc.’s holdings in Chipotle Mexican Grill were worth $26,853,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. GDS Wealth Management boosted its stake in Chipotle Mexican Grill by 599.6% during the fourth quarter. GDS Wealth Management now owns 60,624 shares of the restaurant operator’s stock valued at $3,656,000 after buying an additional 51,958 shares during the period. Hodges Capital Management Inc. raised its holdings in shares of Chipotle Mexican Grill by 37.8% during the 4th quarter. Hodges Capital Management Inc. now owns 15,860 shares of the restaurant operator’s stock valued at $956,000 after buying an additional 4,350 shares in the last quarter. Boston Trust Walden Corp grew its position in Chipotle Mexican Grill by 2.1% during the fourth quarter. Boston Trust Walden Corp now owns 39,400 shares of the restaurant operator’s stock valued at $2,376,000 after acquiring an additional 800 shares during the last quarter. Financial Life Planners purchased a new position in shares of Chipotle Mexican Grill during the fourth quarter worth approximately $45,000. Finally, Resonant Capital Advisors LLC lifted its holdings in shares of Chipotle Mexican Grill by 5.3% in the 4th quarter. Resonant Capital Advisors LLC now owns 5,245 shares of the restaurant operator’s stock worth $316,000 after acquiring an additional 262 shares during the last quarter. Institutional investors own 91.31% of the company’s stock.

Analyst Ratings Changes

CMG has been the topic of several analyst reports. Jefferies Financial Group lifted their target price 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. Citigroup reduced their price target on Chipotle Mexican Grill from $70.00 to $69.00 and set a “buy” rating on the stock in a report on Monday, January 27th. Stephens reiterated an “equal weight” rating and issued a $65.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, November 12th. Wells Fargo & Company upped their target price on Chipotle Mexican Grill from $67.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Finally, Robert W. Baird boosted their price objective on shares of Chipotle Mexican Grill from $62.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Chipotle Mexican Grill has an average rating of “Moderate Buy” and an average price target of $66.88.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the firm’s stock in a transaction 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 transaction, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. This trade 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. 1.02% of the stock is currently owned by company insiders.

Chipotle Mexican Grill Stock Up 0.0 %

Shares of NYSE CMG opened at $58.36 on Tuesday. The company has a market cap of $79.53 billion, a PE ratio of 54.32, a PEG ratio of 2.07 and a beta of 1.27. The firm’s 50-day moving average price is $60.50 and its 200-day moving average price is $57.77. Chipotle Mexican Grill, Inc. has a 52-week low of $47.98 and a 52-week high of $69.26.

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.