Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMGGet Rating) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,407 shares of the restaurant operator’s stock after selling 2,845 shares during the period. Dimensional Fund Advisors LP owned about 0.28% of Chipotle Mexican Grill worth $106,020,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Principal Financial Group Inc. raised its position in Chipotle Mexican Grill by 13.9% during the fourth quarter. Principal Financial Group Inc. now owns 62,291 shares of the restaurant operator’s stock worth $86,428,000 after acquiring an additional 7,610 shares during the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth about $247,000. Achmea Investment Management B.V. grew its holdings in shares of Chipotle Mexican Grill by 70.2% during the fourth quarter. Achmea Investment Management B.V. now owns 1,532 shares of the restaurant operator’s stock worth $1,992,000 after buying an additional 632 shares in the last quarter. Aviva PLC grew its holdings in shares of Chipotle Mexican Grill by 66.4% during the fourth quarter. Aviva PLC now owns 18,478 shares of the restaurant operator’s stock worth $25,638,000 after buying an additional 7,371 shares in the last quarter. Finally, Soltis Investment Advisors LLC purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth about $2,099,000. Institutional investors and hedge funds own 93.26% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. BMO Capital Markets lifted their price target on shares of Chipotle Mexican Grill from $1,800.00 to $1,950.00 and gave the stock a “market perform” rating in a report on Wednesday, April 26th. TD Cowen boosted their target price on shares of Chipotle Mexican Grill from $2,050.00 to $2,200.00 and gave the company an “outperform” rating in a report on Wednesday, April 26th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Chipotle Mexican Grill from $1,713.00 to $1,657.00 and set a “hold” rating for the company in a report on Monday, February 13th. Royal Bank of Canada boosted their target price on shares of Chipotle Mexican Grill from $1,875.00 to $2,050.00 and gave the company an “outperform” rating in a report on Wednesday, April 26th. Finally, Oppenheimer boosted their target price on shares of Chipotle Mexican Grill from $1,940.00 to $2,050.00 and gave the company an “outperform” rating in a report on Wednesday, April 26th. Six equities research analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company. According to data from MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and a consensus price target of $2,021.37.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 3,658 shares of the stock in a transaction on Monday, May 1st. The shares were sold at an average price of $2,066.73, for a total transaction of $7,560,098.34. Following the transaction, the insider now directly owns 1,637 shares in the company, valued at approximately $3,383,237.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Chipotle Mexican Grill news, CMO Christopher W. Brandt sold 2,450 shares of the stock in a transaction on Monday, May 1st. The shares were sold at an average price of $2,063.02, for a total transaction of $5,054,399.00. Following the sale, the chief marketing officer now directly owns 7,125 shares of the company’s stock, valued at $14,699,017.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Laurie Schalow sold 3,658 shares of the stock in a transaction on Monday, May 1st. The stock was sold at an average price of $2,066.73, for a total transaction of $7,560,098.34. Following the sale, the insider now directly owns 1,637 shares in the company, valued at $3,383,237.01. The disclosure for this sale can be found here. Insiders have sold 12,154 shares of company stock worth $23,791,597 in the last ninety days. 0.96% of the stock is owned by insiders.

Chipotle Mexican Grill Trading Up 0.5 %

Shares of CMG stock opened at $2,106.22 on Monday. The company has a market capitalization of $58.11 billion, a PE ratio of 56.97, a price-to-earnings-growth ratio of 1.51 and a beta of 1.34. The firm has a fifty day simple moving average of $1,819.24 and a 200-day simple moving average of $1,624.89. Chipotle Mexican Grill, Inc. has a twelve month low of $1,196.28 and a twelve month high of $2,110.00.

Chipotle Mexican Grill (NYSE:CMGGet Rating) last posted its quarterly earnings data on Tuesday, April 25th. The restaurant operator reported $10.50 EPS for the quarter, beating analysts’ consensus estimates of $8.89 by $1.61. Chipotle Mexican Grill had a net margin of 11.49% and a return on equity of 45.01%. The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the prior year, the firm posted $5.70 EPS. The firm’s revenue was up 18.8% compared to the same quarter last year. Equities research analysts predict that Chipotle Mexican Grill, Inc. will post 43.9 EPS for the current year.

About Chipotle Mexican Grill

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Chipotle Mexican Grill, Inc engages in the development and operation of classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. It offers a focused menu of burritos, tacos, burrito bowls, and salads prepared using classic cooking methods. The company was founded by Steve Ells in 1993 and is headquartered in Newport Beach, CA.

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Institutional Ownership by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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