Bank OZK Acquires 3,533 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Bank OZK raised its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 6.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 58,909 shares of the restaurant operator’s stock after purchasing an additional 3,533 shares during the quarter. Chipotle Mexican Grill accounts for approximately 1.5% of Bank OZK’s portfolio, making the stock its 14th biggest holding. Bank OZK’s holdings in Chipotle Mexican Grill were worth $3,552,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Maple Capital Management Inc. boosted its position in shares of Chipotle Mexican Grill by 0.4% during the 4th quarter. Maple Capital Management Inc. now owns 314,127 shares of the restaurant operator’s stock worth $18,942,000 after purchasing an additional 1,243 shares in the last quarter. SVB Wealth LLC purchased a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $327,000. Private Trust Co. NA increased its position in shares of Chipotle Mexican Grill by 199.6% during the 4th quarter. Private Trust Co. NA now owns 36,984 shares of the restaurant operator’s stock valued at $2,230,000 after purchasing an additional 24,638 shares during the last quarter. Verus Capital Partners LLC raised 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 period. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake 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 purchasing an additional 1,900 shares during the period. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CMG shares. Jefferies Financial Group boosted their price objective on Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a “hold” rating in a research note on Monday, December 16th. KeyCorp reduced their target price on Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Sanford C. Bernstein reissued an “outperform” rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Oppenheimer boosted their price objective on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $75.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Ten investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and a consensus target price of $66.31.

Insider Activity

In related news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill 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 approximately $12,078,337.92. This trade represents a 2.32 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Stock Up 2.5 %

Shares of CMG stock opened at $54.04 on Friday. The stock has a fifty day moving average of $57.38 and a 200 day moving average of $58.04. Chipotle Mexican Grill, Inc. has a 52 week low of $47.98 and a 52 week high of $69.26. The firm has a market capitalization of $73.25 billion, a price-to-earnings ratio of 48.68, a PEG ratio of 2.04 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

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.