Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 25.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,217 shares of the restaurant operator’s stock after buying an additional 863 shares during the period. Harbour Investments Inc.’s holdings in Chipotle Mexican Grill were worth $243,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. O Shaughnessy Asset Management LLC increased its holdings in Chipotle Mexican Grill by 19.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,990 shares of the restaurant operator’s stock worth $5,784,000 after purchasing an additional 327 shares during the period. Clearbridge Investments LLC grew its stake in shares of Chipotle Mexican Grill by 1.0% during the first quarter. Clearbridge Investments LLC now owns 3,422 shares of the restaurant operator’s stock worth $9,947,000 after purchasing an additional 34 shares in the last quarter. UniSuper Management Pty Ltd increased its holdings in Chipotle Mexican Grill by 216.5% in the first quarter. UniSuper Management Pty Ltd now owns 728 shares of the restaurant operator’s stock valued at $2,116,000 after buying an additional 498 shares during the last quarter. Capitolis Liquid Global Markets LLC purchased a new position in Chipotle Mexican Grill in the first quarter valued at $11,046,000. Finally, Lake Street Advisors Group LLC raised its stake in Chipotle Mexican Grill by 33.1% in the first quarter. Lake Street Advisors Group LLC now owns 241 shares of the restaurant operator’s stock valued at $701,000 after buying an additional 60 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Transactions at Chipotle Mexican Grill

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

Chipotle Mexican Grill Trading Down 2.1 %

Chipotle Mexican Grill stock opened at $58.63 on Monday. The stock has a market cap of $79.89 billion, a PE ratio of 54.57, a P/E/G ratio of 2.36 and a beta of 1.26. The stock has a 50-day moving average price of $58.02 and a 200 day moving average price of $81.31. Chipotle Mexican Grill, Inc. has a 52 week low of $43.10 and a 52 week high of $69.26.

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Robert W. Baird raised their target price on Chipotle Mexican Grill from $62.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Wells Fargo & Company boosted their price objective on shares of Chipotle Mexican Grill from $66.00 to $67.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Truist Financial increased their target price on shares of Chipotle Mexican Grill from $71.00 to $72.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. BMO Capital Markets boosted 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 report on Wednesday, October 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $67.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, August 14th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.27.

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.