Czech National Bank Has $15.63 Million Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Czech National Bank increased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 5.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 311,300 shares of the restaurant operator's stock after buying an additional 15,862 shares during the period. Czech National Bank's holdings in Chipotle Mexican Grill were worth $15,630,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Golden State Wealth Management LLC purchased a new stake in Chipotle Mexican Grill during the 4th quarter worth about $371,000. Raymond James Financial Inc. acquired a new stake in Chipotle Mexican Grill during the fourth quarter worth approximately $315,220,000. U.S. Capital Wealth Advisors LLC boosted its position in Chipotle Mexican Grill by 155.1% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator's stock worth $900,000 after acquiring an additional 9,070 shares during the last quarter. Vinva Investment Management Ltd grew its stake in Chipotle Mexican Grill by 50.6% in the 4th quarter. Vinva Investment Management Ltd now owns 65,069 shares of the restaurant operator's stock worth $3,910,000 after acquiring an additional 21,864 shares during the period. Finally, Woodard & Co. Asset Management Group Inc. ADV purchased a new position in shares of Chipotle Mexican Grill during the 4th quarter worth $715,000. 91.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CMG. Stifel Nicolaus dropped their price objective on shares of Chipotle Mexican Grill from $68.00 to $65.00 and set a "buy" rating for the company in a research note on Wednesday, March 19th. Barclays cut their price target on shares of Chipotle Mexican Grill from $60.00 to $56.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 22nd. KeyCorp lowered their price objective on shares of Chipotle Mexican Grill from $60.00 to $58.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Citigroup cut their target price on Chipotle Mexican Grill from $70.00 to $62.00 and set a "buy" rating on the stock in a research report on Wednesday, April 2nd. Finally, Loop Capital lowered their price target on Chipotle Mexican Grill from $65.00 to $63.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Nine research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Chipotle Mexican Grill currently has an average rating of "Moderate Buy" and an average target price of $61.60.

Chipotle Mexican Grill Stock Up 0.8%

Chipotle Mexican Grill stock traded up $0.42 during mid-day trading on Thursday, reaching $52.58. The company had a trading volume of 19,099,985 shares, compared to its average volume of 13,495,210. The firm has a market cap of $70.84 billion, a price-to-earnings ratio of 47.36, a PEG ratio of 2.04 and a beta of 1.06. The company has a 50 day moving average of $50.11 and a 200-day moving average of $54.73. Chipotle Mexican Grill, Inc. has a 52 week low of $44.46 and a 52 week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. The business had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.98 billion. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. The firm's revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned $13.37 earnings per share. On average, analysts predict that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current fiscal year.

Insider Transactions at Chipotle Mexican Grill

In other news, insider Roger E. Theodoredis sold 113,875 shares of Chipotle Mexican Grill stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $49.70, for a total transaction of $5,659,587.50. Following the sale, the insider now directly owns 109,815 shares in the company, valued at approximately $5,457,805.50. The trade was a 50.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.81% of the stock is owned by insiders.

Chipotle Mexican Grill 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.