Janus Henderson Group PLC Has $566.44 Million Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Janus Henderson Group PLC lifted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 5.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,830,644 shares of the restaurant operator’s stock after buying an additional 518,521 shares during the quarter. Janus Henderson Group PLC’s holdings in Chipotle Mexican Grill were worth $566,439,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Cetera Advisors LLC grew its holdings in Chipotle Mexican Grill by 166.4% in the first quarter. Cetera Advisors LLC now owns 1,055 shares of the restaurant operator’s stock worth $3,067,000 after purchasing an additional 659 shares during the period. NINE MASTS CAPITAL Ltd acquired a new stake in Chipotle Mexican Grill in the second quarter worth $470,000. Massmutual Trust Co. FSB ADV grew its holdings in Chipotle Mexican Grill by 6,014.7% in the second quarter. Massmutual Trust Co. FSB ADV now owns 4,158 shares of the restaurant operator’s stock worth $260,000 after purchasing an additional 4,090 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Chipotle Mexican Grill in the second quarter worth $25,000. Finally, Versant Capital Management Inc grew its holdings in Chipotle Mexican Grill by 9,900.0% in the second quarter. Versant Capital Management Inc now owns 500 shares of the restaurant operator’s stock worth $31,000 after purchasing an additional 495 shares during the period. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. TD Cowen raised their price target on shares of Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Evercore ISI raised their price objective on shares of Chipotle Mexican Grill from $59.00 to $70.00 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Oppenheimer reaffirmed an “outperform” rating and issued a $65.00 price objective on shares of Chipotle Mexican Grill in a research note on Monday, September 30th. Royal Bank of Canada assumed coverage on shares of Chipotle Mexican Grill in a research note on Friday, November 15th. They issued an “outperform” rating and a $70.00 price objective on the stock. Finally, BMO Capital Markets raised their price objective on shares of Chipotle Mexican Grill from $55.00 to $56.00 and gave the company a “market perform” rating in a research note on Wednesday, October 30th. Ten investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. Based on data from MarketBeat, Chipotle Mexican Grill currently has an average rating of “Moderate Buy” and a consensus price target of $65.27.

Chipotle Mexican Grill Trading Down 1.6 %

Shares of NYSE:CMG opened at $60.54 on Tuesday. The company has a 50 day moving average of $58.94 and a 200 day moving average of $81.09. The stock has a market cap of $82.49 billion, a P/E ratio of 56.35, a P/E/G ratio of 2.48 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 12 month low of $44.08 and a 12 month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.82 billion. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. Chipotle Mexican Grill’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.23 earnings per share. On average, equities analysts forecast that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

Insider Activity at Chipotle Mexican Grill

In related news, Director Robin S. Hickenlooper sold 1,790 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $56.38, for a total transaction of $100,920.20. Following the completion of the transaction, the director now owns 41,510 shares of the company’s stock, valued at approximately $2,340,333.80. The trade was a 4.13 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Curtis E. Garner sold 15,750 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $55.02, for a total transaction of $866,565.00. Following the completion of the transaction, the insider now directly owns 473,514 shares of the company’s stock, valued at approximately $26,052,740.28. This represents a 3.22 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,290 shares of company stock valued at $1,866,023. Corporate insiders own 1.02% of the company’s stock.

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.