Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by Whittier Trust Co.

Whittier Trust Co. raised its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 969,939 shares of the restaurant operator's stock after acquiring an additional 15,355 shares during the period. Chipotle Mexican Grill makes up approximately 0.8% of Whittier Trust Co.'s holdings, making the stock its 23rd biggest holding. Whittier Trust Co. owned approximately 0.07% of Chipotle Mexican Grill worth $58,477,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Ethos Financial Group LLC bought a new stake in shares of Chipotle Mexican Grill during the 4th quarter worth approximately $31,000. Sound Income Strategies LLC lifted its position in shares of Chipotle Mexican Grill by 1,110.0% during the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock worth $36,000 after purchasing an additional 555 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of Chipotle Mexican Grill during the third quarter valued at $37,000. Financial Life Planners bought a new position in shares of Chipotle Mexican Grill in the fourth quarter worth about $45,000. Finally, Oakworth Capital Inc. purchased a new position in Chipotle Mexican Grill in the 4th quarter worth about $50,000. Hedge funds and other institutional investors own 91.31% of the company's stock.

Chipotle Mexican Grill Trading Up 2.2 %

Chipotle Mexican Grill stock traded up $1.09 during mid-day trading on Monday, hitting $49.62. The company had a trading volume of 15,511,950 shares, compared to its average volume of 13,052,219. The company has a market capitalization of $67.25 billion, a price-to-earnings ratio of 44.69, a P/E/G ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12-month low of $47.55 and a 12-month high of $69.26. The company's fifty day moving average is $54.40 and its 200-day moving average is $57.70.

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Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. As a group, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CMG has been the topic of a number of research analyst reports. Barclays dropped 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. Wedbush reduced their price objective on Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating on the stock in a report on Wednesday, February 5th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $70.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. JPMorgan Chase & Co. cut their price target on Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday. Finally, Stephens lowered their price objective on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 5th. Eight research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target 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.