Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 157,141 shares of the restaurant operator's stock after selling 7,953 shares during the quarter. Sanctuary Advisors LLC's holdings in Chipotle Mexican Grill were worth $9,270,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of CMG. Assenagon Asset Management S.A. grew its holdings in Chipotle Mexican Grill by 1,087.9% in the third quarter. Assenagon Asset Management S.A. now owns 4,712,724 shares of the restaurant operator's stock worth $271,547,000 after purchasing an additional 4,315,983 shares during the period. Congress Asset Management Co. purchased a new stake in shares of Chipotle Mexican Grill during the third quarter valued at approximately $109,396,000. Thrivent Financial for Lutherans grew its holdings in shares of Chipotle Mexican Grill by 674.3% during the third quarter. Thrivent Financial for Lutherans now owns 2,122,778 shares of the restaurant operator's stock valued at $122,314,000 after buying an additional 1,848,625 shares during the last quarter. International Assets Investment Management LLC lifted its position in Chipotle Mexican Grill by 5,188.9% during the third quarter. International Assets Investment Management LLC now owns 1,421,140 shares of the restaurant operator's stock valued at $818,860,000 after purchasing an additional 1,394,270 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec lifted its position in Chipotle Mexican Grill by 123.3% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,471,335 shares of the restaurant operator's stock valued at $142,398,000 after purchasing an additional 1,364,635 shares during the period. Hedge funds and other institutional investors own 91.31% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CMG shares. Citigroup increased their price target on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a "buy" rating in a research report on Wednesday, February 5th. Cfra upgraded shares of Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and increased their price target for the stock from $59.00 to $73.00 in a research report on Wednesday, February 5th. BMO Capital Markets increased 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. Stifel Nicolaus decreased their price target on shares of Chipotle Mexican Grill from $70.00 to $68.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Finally, Wedbush decreased their price objective on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 5th. Ten research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $66.31.

Chipotle Mexican Grill Price Performance

NYSE:CMG traded down $1.58 during trading hours on Friday, hitting $51.47. 12,627,766 shares of the company were exchanged, compared to its average volume of 10,804,313. The stock has a market capitalization of $69.76 billion, a price-to-earnings ratio of 46.36, a PEG ratio of 2.07 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 52-week low of $47.98 and a 52-week high of $69.26. The company's 50 day moving average price is $58.64 and its 200-day moving average price is $58.11.

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

Insider Activity at Chipotle Mexican Grill

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

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.