Chipotle Mexican Grill, Inc. (NYSE:CMG) Stock Position Lowered by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 9.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 169,449 shares of the restaurant operator’s stock after selling 18,659 shares during the quarter. Yousif Capital Management LLC’s holdings in Chipotle Mexican Grill were worth $10,218,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in CMG. Sanctuary Advisors LLC acquired a new stake in Chipotle Mexican Grill during the 2nd quarter valued at $186,000. Czech National Bank raised its position in Chipotle Mexican Grill by 6.6% during the third quarter. Czech National Bank now owns 278,976 shares of the restaurant operator’s stock valued at $16,075,000 after buying an additional 17,276 shares during the period. Mather Group LLC. increased its stake in Chipotle Mexican Grill by 4,408.4% in the 3rd quarter. Mather Group LLC. now owns 12,398 shares of the restaurant operator’s stock valued at $714,000 after buying an additional 12,123 shares during the period. Kesler Norman & Wride LLC purchased a new stake in Chipotle Mexican Grill in the 3rd quarter worth approximately $708,000. Finally, Axiom Advisory LLC boosted its stake in shares of Chipotle Mexican Grill by 1,423.8% during the 3rd quarter. Axiom Advisory LLC now owns 9,600 shares of the restaurant operator’s stock valued at $531,000 after buying an additional 8,970 shares during the period. 91.31% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Stock Down 2.5 %

NYSE:CMG opened at $57.54 on Thursday. The firm has a market capitalization of $78.41 billion, a PE ratio of 53.56, a price-to-earnings-growth ratio of 2.07 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12-month low of $47.98 and a 12-month high of $69.26. The firm has a 50-day moving average price of $60.36 and a 200 day moving average price of $57.84.

Chipotle Mexican Grill (NYSE:CMG) last issued its 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 return on equity of 43.20% and a net margin of 13.51%. On average, research analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CMG shares. Stephens dropped their price target on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Truist Financial upped their target price 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. Evercore ISI boosted their price target on Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $75.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Finally, Jefferies Financial Group lifted their price target on shares of Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a “hold” rating in a research report on Monday, December 16th. Ten research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and an average price target of $66.31.

Insiders Place Their Bets

In related news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction dated 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 sale, the insider now owns 185,792 shares in the company, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.02% of the company’s stock.

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.