[ad_1]
Nations Financial Group Inc. IA ADV boosted its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,680 shares of the restaurant operator’s stock after buying an additional 247 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Chipotle Mexican Grill were worth $282,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alpha DNA Investment Management LLC increased its holdings in shares of Chipotle Mexican Grill by 1.2% in the 3rd quarter. Alpha DNA Investment Management LLC now owns 13,644 shares of the restaurant operator’s stock valued at $786,000 after acquiring an additional 168 shares during the period. Lecap Asset Management Ltd. increased its position in Chipotle Mexican Grill by 1.2% in the 3rd quarter. Lecap Asset Management Ltd. now owns 14,625 shares of the restaurant operator’s stock valued at $843,000 after acquiring an additional 175 shares during the period. Connable Office Inc. raised its stake in shares of Chipotle Mexican Grill by 0.6% during the third quarter. Connable Office Inc. now owns 31,928 shares of the restaurant operator’s stock worth $1,840,000 after purchasing an additional 178 shares during the last quarter. Traynor Capital Management Inc. raised its position in Chipotle Mexican Grill by 2.5% during the 4th quarter. Traynor Capital Management Inc. now owns 7,522 shares of the restaurant operator’s stock worth $454,000 after buying an additional 181 shares during the last quarter. Finally, BTC Capital Management Inc. raised its holdings in Chipotle Mexican Grill by 1.9% during the fourth quarter. BTC Capital Management Inc. now owns 9,969 shares of the restaurant operator’s stock worth $601,000 after purchasing an additional 184 shares in the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.
Insider Buying and Selling
In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction 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 transaction, the insider now owns 185,792 shares in the company, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.02% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
CMG has been the topic of a number of analyst reports. Stifel Nicolaus lowered their price objective on Chipotle Mexican Grill from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Barclays dropped their price objective on Chipotle Mexican Grill from $63.00 to $60.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 5th. Jefferies Financial Group raised their target price on Chipotle Mexican Grill from $56.00 to $62.00 and gave the company a “hold” rating in a report on Monday, December 16th. Piper Sandler cut their price target on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Finally, Citigroup boosted their price objective on shares of Chipotle Mexican Grill from $69.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, February 5th. Ten investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $66.31.
Get Our Latest Analysis on CMG
Chipotle Mexican Grill Stock Down 4.6 %
Shares of Chipotle Mexican Grill stock opened at $54.48 on Wednesday. The firm has a market cap of $74.23 billion, a PE ratio of 49.07, a P/E/G ratio of 2.14 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a fifty-two week low of $47.98 and a fifty-two week high of $69.26. The business’s fifty day moving average is $59.35 and its two-hundred day moving average is $58.16.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. Equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current year.
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.
Featured Articles
Want to see what other hedge funds are holding CMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report).
Receive News & Ratings for Chipotle Mexican Grill Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Chipotle Mexican Grill and related companies with MarketBeat.com’s FREE daily email newsletter.
[ad_2]
Source link
