Sanctuary Advisors LLC Sells 7,953 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Sanctuary Advisors LLC reduced its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 157,141 shares of the restaurant operator’s stock after selling 7,953 shares during the period. Sanctuary Advisors LLC’s holdings in Chipotle Mexican Grill were worth $9,270,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Transcendent Capital Group LLC raised its position in 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 purchasing an additional 475 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC bought a new position in Chipotle Mexican Grill during the 3rd quarter worth $32,000. Capital Performance Advisors LLP bought a new position in Chipotle Mexican Grill during the 3rd quarter worth $33,000. Global Trust Asset Management LLC bought a new position in Chipotle Mexican Grill during the 3rd quarter worth $35,000. Finally, Sound Income Strategies LLC raised its position in Chipotle Mexican Grill by 1,110.0% during the 4th quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 555 shares during the last quarter. 91.31% of the stock is owned by institutional investors.

Chipotle Mexican Grill Stock Down 4.6 %

Shares of NYSE CMG opened at $54.48 on Wednesday. Chipotle Mexican Grill, Inc. has a twelve month low of $47.98 and a twelve month high of $69.26. The stock’s 50 day moving average price is $59.35 and its 200-day moving average price is $58.16. The company has a market capitalization of $74.23 billion, a PE ratio of 49.07, a PEG ratio of 2.14 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. As a group, research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CMG shares. Truist Financial raised their target price on Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Loop Capital lifted their price objective on Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Raymond James lowered their price objective on Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th. Piper Sandler lowered their price objective on Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Finally, KeyCorp lowered their price objective on Chipotle Mexican Grill from $66.00 to $64.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Ten investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and a consensus price target of $66.31.

Insider Buying and Selling

In related news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $65.01, for a total value of $286,304.04. Following the sale, the insider now owns 185,792 shares of the company’s stock, valued at approximately $12,078,337.92. The trade was a 2.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.02% of the stock is currently owned by insiders.

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.