Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Purchased by Hilltop Holdings Inc.

Hilltop Holdings Inc. increased its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 142.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,572 shares of the restaurant operator’s stock after purchasing an additional 15,010 shares during the period. Hilltop Holdings Inc.’s holdings in Chipotle Mexican Grill were worth $1,473,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of CMG. Shellback Capital LP raised its holdings in Chipotle Mexican Grill by 4,900.0% in the 2nd quarter. Shellback Capital LP now owns 125,000 shares of the restaurant operator’s stock valued at $7,831,000 after acquiring an additional 122,500 shares during the last quarter. L & S Advisors Inc acquired a new stake in Chipotle Mexican Grill in the 3rd quarter valued at about $3,256,000. Optas LLC raised its holdings in Chipotle Mexican Grill by 318.5% in the 3rd quarter. Optas LLC now owns 17,160 shares of the restaurant operator’s stock valued at $989,000 after acquiring an additional 13,060 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in Chipotle Mexican Grill by 5,897.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock valued at $2,820,000 after acquiring an additional 48,126 shares during the last quarter. Finally, Savvy Advisors Inc. acquired a new stake in Chipotle Mexican Grill in the 3rd quarter valued at about $758,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Stifel Nicolaus reissued a “buy” rating and issued a $70.00 price target on shares of Chipotle Mexican Grill in a research note on Wednesday, August 14th. Wells Fargo & Company increased their price target on shares of Chipotle Mexican Grill from $66.00 to $67.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Stephens reissued an “equal weight” rating and issued a $65.00 price target on shares of Chipotle Mexican Grill in a research note on Tuesday, November 12th. BMO Capital Markets increased their price target 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. Finally, Oppenheimer reissued an “outperform” rating and issued a $65.00 price target on shares of Chipotle Mexican Grill in a research note on Monday, September 30th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and a consensus price target of $65.27.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, insider Curtis E. Garner sold 15,750 shares of Chipotle Mexican Grill stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $55.02, for a total value of $866,565.00. Following the sale, the insider now owns 473,514 shares of the company’s stock, valued at $26,052,740.28. The trade was a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robin S. Hickenlooper sold 1,790 shares of Chipotle Mexican Grill stock in a transaction dated 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 sale, the director now directly owns 41,510 shares in the company, valued at approximately $2,340,333.80. The trade was a 4.13 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,290 shares of company stock worth $1,866,023. 1.02% of the stock is owned by company insiders.

Chipotle Mexican Grill Price Performance

Shares of NYSE:CMG opened at $60.91 on Wednesday. The firm has a market capitalization of $83.00 billion, a P/E ratio of 56.69, a P/E/G ratio of 2.44 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. The company’s fifty day moving average price is $59.00 and its 200 day moving average price is $81.07.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.23 earnings per share. On average, sell-side analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.11 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.