Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Bought by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA grew its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,786 shares of the restaurant operator’s stock after acquiring an additional 886 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Chipotle Mexican Grill were worth $1,615,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CMG. Shellback Capital LP boosted its stake in Chipotle Mexican Grill by 4,900.0% during the second quarter. Shellback Capital LP now owns 125,000 shares of the restaurant operator’s stock worth $7,831,000 after buying an additional 122,500 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of 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 worth $2,820,000 after acquiring an additional 48,126 shares during the last quarter. L & S Advisors Inc purchased a new position in shares of Chipotle Mexican Grill during the 3rd quarter worth approximately $3,256,000. Optas LLC lifted its stake in Chipotle Mexican Grill by 318.5% during the third quarter. Optas LLC now owns 17,160 shares of the restaurant operator’s stock worth $989,000 after purchasing an additional 13,060 shares in the last quarter. Finally, Savvy Advisors Inc. purchased a new position in shares of Chipotle Mexican Grill during the third quarter worth $758,000. 91.31% of the stock is owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Down 0.8 %

Shares of NYSE CMG traded down $0.45 during trading on Monday, reaching $56.05. 2,744,438 shares of the stock were exchanged, compared to its average volume of 7,569,980. The company has a market capitalization of $76.37 billion, a price-to-earnings ratio of 52.17, a price-to-earnings-growth ratio of 2.64 and a beta of 1.27. The business’s 50-day moving average price is $60.94 and its 200 day moving average price is $58.00. Chipotle Mexican Grill, Inc. has a twelve month low of $45.50 and a twelve month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results 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 firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.82 billion. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. Chipotle Mexican Grill’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.23 earnings per share. As a group, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Barclays raised their price objective on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 7th. Citigroup reduced their price objective on shares of Chipotle Mexican Grill from $71.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Stephens reissued an “equal weight” rating and issued a $65.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, November 12th. Robert W. Baird lifted their price target on Chipotle Mexican Grill from $62.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Jefferies Financial Group lifted their target price on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Ten analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $66.81.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of Chipotle Mexican Grill stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. The trade was a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.02% 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.