Kintegral Advisory LLC Reduces Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Kintegral Advisory LLC lowered its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,212 shares of the restaurant operator’s stock after selling 523 shares during the quarter. Kintegral Advisory LLC’s holdings in Chipotle Mexican Grill were worth $676,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of CMG. Geode Capital Management LLC lifted its position in shares of Chipotle Mexican Grill by 1.6% in the third quarter. Geode Capital Management LLC now owns 28,080,978 shares of the restaurant operator’s stock valued at $1,612,682,000 after acquiring an additional 438,007 shares in the last quarter. Franklin Resources Inc. raised its stake in Chipotle Mexican Grill by 2.9% in the 3rd quarter. Franklin Resources Inc. now owns 13,661,937 shares of the restaurant operator’s stock valued at $805,692,000 after purchasing an additional 381,873 shares during the last quarter. Janus Henderson Group PLC raised its stake in Chipotle Mexican Grill by 5.6% in the 3rd quarter. Janus Henderson Group PLC now owns 9,830,644 shares of the restaurant operator’s stock valued at $566,439,000 after purchasing an additional 518,521 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Chipotle Mexican Grill by 11.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,271,318 shares of the restaurant operator’s stock valued at $476,593,000 after purchasing an additional 858,704 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Chipotle Mexican Grill by 1.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,200,369 shares of the restaurant operator’s stock worth $472,505,000 after purchasing an additional 132,756 shares during the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction 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. The trade was a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.02% of the stock is currently owned by corporate insiders.

Chipotle Mexican Grill Stock Down 3.0 %

NYSE CMG opened at $51.47 on Friday. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.98 and a fifty-two week high of $69.26. The business has a 50 day moving average price of $58.38 and a two-hundred day moving average price of $58.13. The stock has a market cap of $69.76 billion, a PE ratio of 46.36, a P/E/G ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results 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 net margin of 13.56% and a return on equity of 42.92%. Sell-side analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $75.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Cfra raised Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and increased their price target for the stock from $59.00 to $73.00 in a research note 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 on the stock in a report on Wednesday, February 5th. Stifel Nicolaus dropped their target price on Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Finally, Robert W. Baird increased their target price on Chipotle Mexican Grill from $62.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Ten equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Chipotle Mexican Grill presently has a consensus rating of “Moderate Buy” and an average target price of $66.31.

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.