Chipotle Mexican Grill, Inc. (NYSE:CMG) Stock Holdings Increased by Private Trust Co. NA

Private Trust Co. NA lifted its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 199.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,984 shares of the restaurant operator’s stock after purchasing an additional 24,638 shares during the quarter. Private Trust Co. NA’s holdings in Chipotle Mexican Grill were worth $2,230,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Verus Capital Partners LLC increased its stake in shares of Chipotle Mexican Grill by 28.8% during the 4th quarter. Verus Capital Partners LLC now owns 34,522 shares of the restaurant operator’s stock worth $2,082,000 after purchasing an additional 7,719 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its holdings in shares of Chipotle Mexican Grill by 15.2% during the 4th quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 14,400 shares of the restaurant operator’s stock worth $868,000 after acquiring an additional 1,900 shares during the period. Peloton Wealth Strategists lifted its holdings in shares of Chipotle Mexican Grill by 2.2% during the 4th quarter. Peloton Wealth Strategists now owns 64,675 shares of the restaurant operator’s stock worth $3,900,000 after acquiring an additional 1,400 shares during the period. QRG Capital Management Inc. lifted its holdings in shares of Chipotle Mexican Grill by 6.4% during the 4th quarter. QRG Capital Management Inc. now owns 54,695 shares of the restaurant operator’s stock worth $3,298,000 after acquiring an additional 3,302 shares during the period. Finally, Alphinity Investment Management Pty Ltd bought a new position in shares of Chipotle Mexican Grill during the 4th quarter worth about $692,701,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Buying and Selling

In related news, insider Laurie Schalow sold 4,404 shares of the company’s 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 of the company’s stock, valued at $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.02% of the stock is currently owned by company insiders.

Chipotle Mexican Grill Stock Down 1.2 %

CMG opened at $52.76 on Friday. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. The company has a 50-day simple moving average of $57.53 and a 200 day simple moving average of $58.05. The stock has a market capitalization of $71.50 billion, a price-to-earnings ratio of 47.52, a P/E/G ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, topping 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%. Sell-side analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on CMG shares. Citigroup raised their price objective on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, February 5th. Truist Financial raised their price objective on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Jefferies Financial Group raised their price objective on shares of Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a report on Monday, December 16th. Wells Fargo & Company cut their price target on shares of Chipotle Mexican Grill from $75.00 to $70.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Finally, Wedbush cut their price target on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating for the company in a report on Wednesday, February 5th. Ten equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and a consensus price target of $66.31.

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.