Robeco Institutional Asset Management B.V. Has $66.36 Million Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Robeco Institutional Asset Management B.V. cut its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 13.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,321,710 shares of the restaurant operator's stock after selling 197,673 shares during the period. Robeco Institutional Asset Management B.V. owned 0.10% of Chipotle Mexican Grill worth $66,363,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CMG. Ethos Financial Group LLC acquired a new stake in Chipotle Mexican Grill during the 4th quarter worth approximately $31,000. ORG Wealth Partners LLC bought a new position in Chipotle Mexican Grill during the 1st quarter worth $31,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Chipotle Mexican Grill during the fourth quarter worth $38,000. Mascagni Wealth Management Inc. bought a new stake in shares of Chipotle Mexican Grill in the fourth quarter valued at about $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Chipotle Mexican Grill by 312.5% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 825 shares of the restaurant operator's stock valued at $41,000 after acquiring an additional 625 shares during the period. Institutional investors own 91.31% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on CMG shares. Argus cut shares of Chipotle Mexican Grill from a "buy" rating to a "hold" rating in a research note on Monday, April 28th. Morgan Stanley lowered their target price on shares of Chipotle Mexican Grill from $67.00 to $65.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. UBS Group cut their price target on Chipotle Mexican Grill from $65.00 to $60.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Robert W. Baird reduced their price target on Chipotle Mexican Grill from $62.00 to $56.00 and set an "outperform" rating on the stock in a research report on Thursday, April 24th. Finally, Citigroup dropped their price objective on Chipotle Mexican Grill from $70.00 to $62.00 and set a "buy" rating for the company in a report on Wednesday, April 2nd. Ten equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $60.71.

Chipotle Mexican Grill Trading Up 1.4%

Chipotle Mexican Grill stock traded up $0.77 during mid-day trading on Friday, reaching $55.04. The company had a trading volume of 14,968,245 shares, compared to its average volume of 12,963,699. The business has a fifty day simple moving average of $51.10 and a 200 day simple moving average of $53.73. The company has a market cap of $74.15 billion, a P/E ratio of 48.70, a P/E/G ratio of 2.73 and a beta of 1.06. Chipotle Mexican Grill, Inc. has a fifty-two week low of $44.46 and a fifty-two week high of $66.74.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The company had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.98 billion. Chipotle Mexican Grill had a return on equity of 43.29% and a net margin of 13.59%. Chipotle Mexican Grill's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $13.37 EPS. Research analysts forecast that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Roger E. Theodoredis sold 113,875 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at $5,457,805.50. The trade was a 50.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.81% of the company's stock.

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.