Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,348 shares of the restaurant operator’s stock after purchasing an additional 1,873 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Chipotle Mexican Grill were worth $2,554,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Quarry LP purchased a new position in Chipotle Mexican Grill in the 2nd quarter valued at approximately $37,000. Clearbridge Investments LLC raised its stake in shares of Chipotle Mexican Grill by 4,790.4% in the second quarter. Clearbridge Investments LLC now owns 167,350 shares of the restaurant operator’s stock valued at $10,484,000 after acquiring an additional 163,928 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Chipotle Mexican Grill in the second quarter valued at $186,000. Czech National Bank grew its position in shares of Chipotle Mexican Grill by 6.6% during the third quarter. Czech National Bank now owns 278,976 shares of the restaurant operator’s stock worth $16,075,000 after buying an additional 17,276 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Chipotle Mexican Grill by 41.0% during the third quarter. GAMMA Investing LLC now owns 23,687 shares of the restaurant operator’s stock worth $1,365,000 after buying an additional 6,887 shares during the period. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insiders Place Their Bets

In other news, insider Laurie Schalow sold 4,404 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total transaction of $286,304.04. Following the transaction, the insider now directly owns 185,792 shares of the company’s stock, valued at $12,078,337.92. This represents a 2.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.02% of the stock is currently owned by company insiders.

Chipotle Mexican Grill Trading Down 1.1 %

Shares of CMG stock opened at $58.34 on Monday. The stock has a 50 day simple moving average of $60.50 and a 200-day simple moving average of $57.75. The company has a market cap of $79.49 billion, a price-to-earnings ratio of 54.30, a price-to-earnings-growth ratio of 2.05 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.

Analyst Ratings Changes

A number of brokerages recently issued reports on CMG. Loop Capital lifted their price target on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a research note on Wednesday, October 30th. Jefferies Financial Group lifted their price target on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a report on Monday, December 16th. Robert W. Baird raised their target price on Chipotle Mexican Grill from $62.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Piper Sandler boosted their price objective on shares of Chipotle Mexican Grill from $59.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, Oppenheimer upped their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Ten research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company 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.