Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Bought by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. raised its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 546,253 shares of the restaurant operator's stock after acquiring an additional 16,964 shares during the period. Asset Management One Co. Ltd.'s holdings in Chipotle Mexican Grill were worth $33,201,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CMG. Assenagon Asset Management S.A. raised its stake in Chipotle Mexican Grill by 1,087.9% during the 3rd 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 during the last quarter. Congress Asset Management Co. purchased a new stake in Chipotle Mexican Grill during the 3rd quarter valued at approximately $109,396,000. Thrivent Financial for Lutherans raised its stake in Chipotle Mexican Grill by 674.3% during 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 acquiring an additional 1,848,625 shares during the last quarter. Raymond James & Associates raised 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 valued at $171,118,000 after acquiring an additional 1,441,172 shares during the last quarter. Finally, International Assets Investment Management LLC raised its stake in Chipotle Mexican Grill by 5,188.9% during the 3rd quarter. International Assets Investment Management LLC now owns 1,421,140 shares of the restaurant operator's stock valued at $818,860,000 after acquiring an additional 1,394,270 shares during the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on CMG shares. Royal Bank of Canada reiterated an "outperform" rating and set a $75.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Oppenheimer boosted their target price on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. Stephens dropped their target price on Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 5th. Evercore ISI boosted their target price on Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an "outperform" rating in a research report on Thursday, December 5th. Finally, Raymond James dropped their target price on Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 28th. 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 company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $66.31.

Insider Activity at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction 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 transaction, the insider now owns 185,792 shares in the company, valued at approximately $12,078,337.92. This trade represents 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 the SEC website. 1.02% of the stock is owned by insiders.

Chipotle Mexican Grill Stock Performance

Chipotle Mexican Grill stock traded down $1.92 during midday trading on Tuesday, reaching $55.16. The stock had a trading volume of 5,594,977 shares, compared to its average volume of 10,278,418. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. The stock has a market capitalization of $75.16 billion, a PE ratio of 49.67, a price-to-earnings-growth ratio of 2.14 and a beta of 1.27. The stock's 50-day simple moving average is $59.35 and its 200 day simple moving average is $58.16.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

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.