Baltimore Washington Financial Advisors Inc. Buys 6,341 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Baltimore Washington Financial Advisors Inc. increased its stake in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 445,319 shares of the restaurant operator’s stock after purchasing an additional 6,341 shares during the quarter. Chipotle Mexican Grill makes up approximately 1.4% of Baltimore Washington Financial Advisors Inc.’s investment portfolio, making the stock its 25th biggest position. Baltimore Washington Financial Advisors Inc.’s holdings in Chipotle Mexican Grill were worth $26,853,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in CMG. Quarry LP bought a new position in Chipotle Mexican Grill during the 2nd quarter worth about $37,000. Sanctuary Advisors LLC purchased a new position in shares of Chipotle Mexican Grill in the 2nd quarter valued at approximately $186,000. Czech National Bank lifted its stake 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 during the period. GAMMA Investing LLC grew its stake in Chipotle Mexican Grill by 41.0% during the 3rd quarter. GAMMA Investing LLC now owns 23,687 shares of the restaurant operator’s stock valued at $1,365,000 after purchasing an additional 6,887 shares during the last quarter. Finally, Smith Anglin Financial LLC raised its position in Chipotle Mexican Grill by 40.8% during the 3rd quarter. Smith Anglin Financial LLC now owns 5,140 shares of the restaurant operator’s stock worth $296,000 after buying an additional 1,490 shares during the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insider Transactions at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of the firm’s stock in a transaction on Tuesday, December 10th. The stock was 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 approximately $12,078,337.92. This trade represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.02% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CMG shares. Truist Financial increased their target price on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Barclays increased their price objective on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 7th. Oppenheimer upped their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Citigroup decreased their price objective on Chipotle Mexican Grill from $70.00 to $69.00 and set a “buy” rating for the company in a research note on Monday, January 27th. Finally, Wells Fargo & Company upped their price objective on Chipotle Mexican Grill from $67.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $66.88.

Chipotle Mexican Grill Trading Up 0.0 %

NYSE:CMG opened at $58.36 on Tuesday. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. The firm’s fifty day simple moving average is $60.50 and its 200 day simple moving average is $57.77. The firm has a market capitalization of $79.53 billion, a price-to-earnings ratio of 54.32, a PEG ratio of 2.07 and a beta of 1.27.

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.