Epoch Investment Partners Inc. Boosts Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Epoch Investment Partners Inc. lifted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4,190.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 681,650 shares of the restaurant operator’s stock after purchasing an additional 665,762 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Chipotle Mexican Grill were worth $42,705,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of CMG. Gilbert & Cook Inc. lifted its stake in Chipotle Mexican Grill by 7.6% during the 4th quarter. Gilbert & Cook Inc. now owns 1,028 shares of the restaurant operator’s stock valued at $2,351,000 after acquiring an additional 73 shares during the period. Gryphon Financial Partners LLC increased its stake in shares of Chipotle Mexican Grill by 55.0% in the fourth quarter. Gryphon Financial Partners LLC now owns 341 shares of the restaurant operator’s stock worth $780,000 after acquiring an additional 121 shares during the period. Clearbridge Investments LLC raised its holdings in shares of Chipotle Mexican Grill by 0.8% during the fourth quarter. Clearbridge Investments LLC now owns 3,388 shares of the restaurant operator’s stock worth $7,748,000 after purchasing an additional 28 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in Chipotle Mexican Grill by 16.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 4,088 shares of the restaurant operator’s stock valued at $9,349,000 after purchasing an additional 573 shares during the period. Finally, US Bancorp DE boosted its holdings in Chipotle Mexican Grill by 14.8% in the fourth quarter. US Bancorp DE now owns 1,943 shares of the restaurant operator’s stock valued at $4,444,000 after purchasing an additional 251 shares during the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Activity at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the business’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $56.38, for a total transaction of $100,920.20. Following the transaction, the director now owns 41,510 shares of the company’s stock, valued at $2,340,333.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $56.38, for a total value of $100,920.20. Following the transaction, the director now directly owns 41,510 shares in the company, valued at approximately $2,340,333.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Curtis E. Garner sold 17,394 shares of the stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total transaction of $951,103.92. Following the completion of the sale, the insider now directly owns 358,300 shares of the company’s stock, valued at approximately $19,591,844. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 34,934 shares of company stock valued at $1,918,589. 1.02% of the stock is currently owned by insiders.

Chipotle Mexican Grill Stock Down 1.3 %

Chipotle Mexican Grill stock opened at $57.23 on Monday. The company has a fifty day simple moving average of $54.26 and a 200-day simple moving average of $81.22. The firm has a market capitalization of $78.60 billion, a price-to-earnings ratio of 60.88, a PEG ratio of 2.33 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a 52-week low of $35.37 and a 52-week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Wednesday, July 24th. The restaurant operator reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The company had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the firm earned $12.65 EPS. Chipotle Mexican Grill’s quarterly revenue was up 18.2% on a year-over-year basis. On average, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CMG has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $67.00 price objective on shares of Chipotle Mexican Grill in a research note on Wednesday, August 14th. Robert W. Baird reduced their price target on Chipotle Mexican Grill from $74.00 to $62.00 and set an “outperform” rating for the company in a research report on Wednesday, August 14th. Stephens reissued an “equal weight” rating and issued a $61.00 price target on shares of Chipotle Mexican Grill in a report on Tuesday, August 13th. The Goldman Sachs Group dropped their price objective on shares of Chipotle Mexican Grill from $74.60 to $67.00 and set a “buy” rating on the stock in a research note on Thursday, July 25th. Finally, KeyCorp decreased their target price on shares of Chipotle Mexican Grill from $68.00 to $66.00 and set an “overweight” rating for the company in a research note on Thursday, July 25th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $62.36.

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.