Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Purchased by Trillium Asset Management LLC

Trillium Asset Management LLC increased its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 20.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 800,695 shares of the restaurant operator's stock after purchasing an additional 133,642 shares during the quarter. Chipotle Mexican Grill accounts for 1.3% of Trillium Asset Management LLC's investment portfolio, making the stock its 12th biggest holding. Trillium Asset Management LLC owned approximately 0.06% of Chipotle Mexican Grill worth $48,282,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CMG. Alphinity Investment Management Pty Ltd acquired a new position in Chipotle Mexican Grill during the fourth quarter worth $692,701,000. Raymond James Financial Inc. acquired a new position in shares of Chipotle Mexican Grill in the fourth quarter worth $315,220,000. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Chipotle Mexican Grill by 123.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,471,335 shares of the restaurant operator's stock worth $142,398,000 after acquiring an additional 1,364,635 shares during the last quarter. Intech Investment Management LLC lifted its position in shares of Chipotle Mexican Grill by 224.2% in the third quarter. Intech Investment Management LLC now owns 1,696,457 shares of the restaurant operator's stock valued at $97,750,000 after acquiring an additional 1,173,207 shares in the last quarter. Finally, Premier Fund Managers Ltd purchased a new stake in shares of Chipotle Mexican Grill in the third quarter valued at $57,335,000. 91.31% of the stock is owned by institutional investors and hedge funds.

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Chipotle Mexican Grill Stock Performance

Shares of CMG stock traded down $0.48 during trading hours on Friday, reaching $48.52. The company had a trading volume of 19,453,617 shares, compared to its average volume of 13,042,322. Chipotle Mexican Grill, Inc. has a twelve month low of $47.55 and a twelve month high of $69.26. The company has a market capitalization of $65.76 billion, a P/E ratio of 43.70, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. The stock's fifty day simple moving average is $54.53 and its 200 day simple moving average is $57.69.

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 (EPS) 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%. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Citigroup upped their price objective on Chipotle Mexican Grill from $69.00 to $70.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. Stifel Nicolaus reduced their price objective on Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating on the stock in a research report on Wednesday. Loop Capital upgraded Chipotle Mexican Grill from a "hold" rating to a "buy" rating and upped their price objective for the company from $58.00 to $65.00 in a research report on Friday, March 14th. Truist Financial upped their price objective on Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a "buy" rating in a research report on Wednesday, December 4th. Finally, Jefferies Financial Group upped their price objective on Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a "hold" rating in a research report on Monday, December 16th. Eight analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.67.

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.