New York State Common Retirement Fund Has $111.35 Million Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

New York State Common Retirement Fund lowered its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 4.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,846,674 shares of the restaurant operator's stock after selling 76,378 shares during the period. New York State Common Retirement Fund owned 0.14% of Chipotle Mexican Grill worth $111,354,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Golden State Wealth Management LLC bought a new stake in Chipotle Mexican Grill during the fourth quarter valued at $371,000. U.S. Capital Wealth Advisors LLC grew its position in shares of Chipotle Mexican Grill by 155.1% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator's stock valued at $900,000 after buying an additional 9,070 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in Chipotle Mexican Grill during the fourth quarter worth about $715,000. Hantz Financial Services Inc. raised its stake in Chipotle Mexican Grill by 5,897.8% during the third quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator's stock worth $2,820,000 after acquiring an additional 48,126 shares during the period. Finally, L & S Advisors Inc bought a new position in Chipotle Mexican Grill in the third quarter worth about $3,256,000. Institutional investors and hedge funds own 91.31% of the company's stock.

Analyst Upgrades and Downgrades

CMG has been the subject of several recent research reports. Raymond James lowered their target price on Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating for the company in a report on Tuesday, January 28th. Jefferies Financial Group upped their price objective on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a "hold" rating in a research note on Monday, December 16th. Royal Bank of Canada reiterated an "outperform" rating and issued a $75.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. BMO Capital Markets upped their price target on shares of Chipotle Mexican Grill from $55.00 to $56.00 and gave the stock a "market perform" rating in a research report on Wednesday, October 30th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Ten research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of "Moderate Buy" and an average price target of $66.31.

Insider Activity

In other 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 transaction of $286,304.04. Following 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 filing with the SEC, which can be accessed through the SEC website. 1.02% of the stock is owned by company insiders.

Chipotle Mexican Grill Trading Down 3.0 %

Shares of Chipotle Mexican Grill stock traded down $1.58 on Friday, reaching $51.47. 12,627,766 shares of the company were exchanged, compared to its average volume of 10,804,313. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.98 and a fifty-two week high of $69.26. The firm has a market capitalization of $69.76 billion, a price-to-earnings ratio of 46.36, a price-to-earnings-growth ratio of 2.07 and a beta of 1.27. The stock has a fifty day moving average price of $58.64 and a 200-day moving average price of $58.11.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. On average, equities analysts anticipate 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.