YHB Investment Advisors Inc. Purchases 35,158 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

YHB Investment Advisors Inc. increased its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 187.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,908 shares of the restaurant operator’s stock after purchasing an additional 35,158 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Chipotle Mexican Grill were worth $3,251,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Vantage Investment Partners LLC lifted its holdings in shares of Chipotle Mexican Grill by 0.7% during the 4th quarter. Vantage Investment Partners LLC now owns 644,149 shares of the restaurant operator’s stock worth $38,842,000 after acquiring an additional 4,486 shares during the period. Nilsine Partners LLC raised its position in Chipotle Mexican Grill by 30.5% in the fourth quarter. Nilsine Partners LLC now owns 30,264 shares of the restaurant operator’s stock worth $1,825,000 after purchasing an additional 7,070 shares in the last quarter. Berkshire Bank bought a new position in Chipotle Mexican Grill during the fourth quarter worth about $211,000. Lebenthal Global Advisors LLC boosted its holdings in Chipotle Mexican Grill by 11.4% during the fourth quarter. Lebenthal Global Advisors LLC now owns 22,515 shares of the restaurant operator’s stock valued at $1,358,000 after purchasing an additional 2,303 shares in the last quarter. Finally, Foundations Investment Advisors LLC grew its stake in shares of Chipotle Mexican Grill by 51.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 10,708 shares of the restaurant operator’s stock valued at $646,000 after purchasing an additional 3,621 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on CMG. 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 report on Monday. Wedbush reissued an “outperform” rating and set a $69.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, January 22nd. Evercore ISI lifted their target price on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Wells Fargo & Company increased their price target on Chipotle Mexican Grill from $67.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Finally, Barclays raised their price target on Chipotle Mexican Grill from $60.00 to $63.00 and gave the company an “equal weight” rating in a report on Tuesday, January 7th. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $66.77.

Insider Activity

In related news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction that occurred 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 transaction, the insider now owns 185,792 shares of the company’s stock, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.02% of the stock is currently owned by company insiders.

Chipotle Mexican Grill Stock Up 2.8 %

CMG stock opened at $58.30 on Tuesday. Chipotle Mexican Grill, Inc. has a twelve month low of $46.29 and a twelve month high of $69.26. The company has a market cap of $79.43 billion, a P/E ratio of 54.26, a price-to-earnings-growth ratio of 1.88 and a beta of 1.27. The business’s fifty day moving average is $60.64 and its 200-day moving average is $57.72.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.82 billion. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. The company’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.23 earnings per share. Research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

About Chipotle Mexican Grill

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.