Greenleaf Trust Acquires 834 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Greenleaf Trust boosted its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,042 shares of the restaurant operator’s stock after purchasing an additional 834 shares during the period. Greenleaf Trust’s holdings in Chipotle Mexican Grill were worth $1,510,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC lifted its position in shares of Chipotle Mexican Grill by 950.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock worth $30,000 after buying an additional 475 shares during the period. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of Chipotle Mexican Grill during the third quarter valued at $32,000. Capital Performance Advisors LLP acquired a new stake in shares of Chipotle Mexican Grill in the 3rd quarter valued at $33,000. Quarry LP bought a new stake in shares of Chipotle Mexican Grill in the 2nd quarter worth about $37,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of Chipotle Mexican Grill during the 3rd quarter worth about $35,000. 91.31% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the sale, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.02% of the stock is currently owned by company insiders.

Chipotle Mexican Grill Stock Performance

CMG opened at $58.34 on Monday. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. The firm has a market cap of $79.49 billion, a PE ratio of 54.30, a price-to-earnings-growth ratio of 2.05 and a beta of 1.27. The firm’s fifty day moving average is $60.50 and its two-hundred day moving average is $57.75.

Analyst Upgrades and Downgrades

Several analysts have weighed in on CMG shares. Raymond James decreased their price objective on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Citigroup decreased their price target on Chipotle Mexican Grill from $70.00 to $69.00 and set a “buy” rating on the stock in a research report on Monday, January 27th. Sanford C. Bernstein reissued an “outperform” rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Robert W. Baird raised their target price on Chipotle Mexican Grill from $62.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $75.00 price target on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Ten investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $66.88.

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.