Rockefeller Capital Management L.P. Sells 12,488 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Rockefeller Capital Management L.P. lowered its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 163,345 shares of the restaurant operator's stock after selling 12,488 shares during the period. Rockefeller Capital Management L.P.'s holdings in Chipotle Mexican Grill were worth $9,924,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Alliancebernstein L.P. grew its holdings in shares of Chipotle Mexican Grill by 29.5% during the 4th quarter. Alliancebernstein L.P. now owns 30,100,520 shares of the restaurant operator's stock worth $1,815,061,000 after purchasing an additional 6,853,470 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Chipotle Mexican Grill by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 28,476,031 shares of the restaurant operator's stock worth $1,712,238,000 after buying an additional 395,053 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Chipotle Mexican Grill by 0.8% during the 4th quarter. American Century Companies Inc. now owns 20,236,980 shares of the restaurant operator's stock worth $1,220,290,000 after buying an additional 166,767 shares during the last quarter. Norges Bank bought a new position in Chipotle Mexican Grill in the fourth quarter valued at about $1,093,345,000. Finally, Franklin Resources Inc. raised its stake in Chipotle Mexican Grill by 2.9% during the third quarter. Franklin Resources Inc. now owns 13,661,937 shares of the restaurant operator's stock worth $805,692,000 after acquiring an additional 381,873 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on CMG. Barclays decreased their target price on shares of Chipotle Mexican Grill from $63.00 to $60.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 5th. Oppenheimer lifted their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. KeyCorp decreased their price objective on shares of Chipotle Mexican Grill from $64.00 to $60.00 and set an "overweight" rating for the company in a research report on Tuesday. Raymond James dropped their target price on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an "outperform" rating on the stock in a report on Tuesday, January 28th. Finally, Piper Sandler decreased their target price on Chipotle Mexican Grill from $60.00 to $59.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Eight equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Chipotle Mexican Grill currently has an average rating of "Moderate Buy" and an average target price of $65.42.

Chipotle Mexican Grill Trading Up 0.1 %

CMG traded up $0.05 during trading on Friday, hitting $48.13. 9,352,505 shares of the company's stock traded hands, compared to its average volume of 13,408,265. Chipotle Mexican Grill, Inc. has a 12-month low of $44.46 and a 12-month high of $69.26. The company's 50 day simple moving average is $50.92 and its two-hundred day simple moving average is $56.57. The stock has a market capitalization of $65.24 billion, a price-to-earnings ratio of 43.36, a PEG ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted 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%. On average, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

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.