Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Purchased by Sarasin & Partners LLP

Sarasin & Partners LLP lifted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 115.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 222,317 shares of the restaurant operator's stock after buying an additional 119,217 shares during the period. Sarasin & Partners LLP's holdings in Chipotle Mexican Grill were worth $13,406,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CMG. Alpha DNA Investment Management LLC grew its stake in Chipotle Mexican Grill by 1.2% during the 3rd quarter. Alpha DNA Investment Management LLC now owns 13,644 shares of the restaurant operator's stock valued at $786,000 after purchasing an additional 168 shares during the last quarter. Lecap Asset Management Ltd. boosted its position in Chipotle Mexican Grill by 1.2% in the third quarter. Lecap Asset Management Ltd. now owns 14,625 shares of the restaurant operator's stock valued at $843,000 after buying an additional 175 shares during the last quarter. Connable Office Inc. increased its holdings in Chipotle Mexican Grill by 0.6% in the 3rd quarter. Connable Office Inc. now owns 31,928 shares of the restaurant operator's stock worth $1,840,000 after buying an additional 178 shares during the period. Albion Financial Group UT raised its position in Chipotle Mexican Grill by 14.4% during the 3rd quarter. Albion Financial Group UT now owns 1,430 shares of the restaurant operator's stock worth $82,000 after buying an additional 180 shares during the last quarter. Finally, CVA Family Office LLC raised its position in Chipotle Mexican Grill by 8.7% during the 3rd quarter. CVA Family Office LLC now owns 2,313 shares of the restaurant operator's stock worth $133,000 after buying an additional 185 shares during the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Trading Down 1.4 %

CMG traded down $0.84 on Monday, hitting $57.52. 9,354,246 shares of the company's stock were exchanged, compared to its average volume of 6,146,094. Chipotle Mexican Grill, Inc. has a fifty-two week low of $46.01 and a fifty-two week high of $69.26. The stock has a market cap of $78.38 billion, a price-to-earnings ratio of 53.54, a P/E/G ratio of 1.91 and a beta of 1.27. The firm has a 50-day moving average price of $60.91 and a 200-day moving average price of $57.83.

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

Insider Transactions at Chipotle Mexican Grill

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 value of $286,304.04. Following the completion of the sale, the insider now directly owns 185,792 shares of the company's stock, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.02% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CMG shares. Barclays increased their price objective on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research note on Tuesday, January 7th. Truist Financial increased their price target on Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a "buy" rating in a research report on Wednesday, December 4th. Raymond James boosted their price objective on Chipotle Mexican Grill from $66.00 to $72.00 and gave the company an "outperform" rating in a report on Monday, December 16th. TD Cowen raised their target price on Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. Finally, Wedbush reissued an "outperform" rating and issued a $69.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, October 30th. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $66.81.

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.