Robeco Institutional Asset Management B.V. Increases Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Robeco Institutional Asset Management B.V. boosted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,519,383 shares of the restaurant operator's stock after buying an additional 89,688 shares during the period. Robeco Institutional Asset Management B.V. owned 0.11% of Chipotle Mexican Grill worth $91,619,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ZRC Wealth Management LLC raised its position in Chipotle Mexican Grill by 384.0% in the third quarter. ZRC Wealth Management LLC now owns 484 shares of the restaurant operator's stock valued at $28,000 after purchasing an additional 384 shares during the period. Transcendent Capital Group LLC raised its position in Chipotle Mexican Grill by 950.0% in the third quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator's stock valued at $30,000 after purchasing an additional 475 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Chipotle Mexican Grill in the third quarter valued at $32,000. Capital Performance Advisors LLP purchased a new stake in Chipotle Mexican Grill in the third quarter valued at $33,000. Finally, Quarry LP purchased a new stake in shares of Chipotle Mexican Grill in the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 91.31% of the company's stock.

Chipotle Mexican Grill Stock Performance

CMG stock traded up $0.70 during midday trading on Thursday, hitting $58.97. 8,725,871 shares of the stock were exchanged, compared to its average volume of 9,488,379. The stock's 50-day moving average price is $60.59 and its 200-day moving average price is $57.73. The stock has a market cap of $80.35 billion, a price-to-earnings ratio of 54.88, a PEG ratio of 1.88 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.98 and a fifty-two week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.82 billion. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. Chipotle Mexican Grill's revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.23 earnings per share. Research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.11 EPS for the current year.

Analysts Set New Price Targets

CMG has been the topic of several research analyst reports. Citigroup cut their price objective on Chipotle Mexican Grill from $70.00 to $69.00 and set a "buy" rating on the stock in a report on Monday. Royal Bank of Canada reissued an "outperform" rating and set a $75.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday. Wedbush reissued an "outperform" rating and set a $69.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, January 22nd. 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 note on Tuesday, January 7th. Finally, Stephens reissued an "equal weight" rating and set a $65.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday, November 12th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $66.88.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the firm's 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 completion of the transaction, the insider now owns 185,792 shares of the company's stock, valued at approximately $12,078,337.92. This trade represents a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.02% of the stock is currently owned by insiders.

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.