New Hampshire Trust Cuts Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

New Hampshire Trust trimmed its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,590 shares of the restaurant operator’s stock after selling 330 shares during the quarter. New Hampshire Trust’s holdings in Chipotle Mexican Grill were worth $397,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Oliver Lagore Vanvalin Investment Group raised its position in shares of Chipotle Mexican Grill by 4,900.0% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the restaurant operator’s stock worth $25,000 after purchasing an additional 392 shares during the last quarter. ZRC Wealth Management LLC raised its holdings in shares of Chipotle Mexican Grill by 384.0% during the third quarter. ZRC Wealth Management LLC now owns 484 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 384 shares during the last quarter. Transcendent Capital Group LLC lifted its position in shares of Chipotle Mexican Grill by 950.0% in the third quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after acquiring an additional 475 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Chipotle Mexican Grill in the third quarter worth approximately $32,000. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Chipotle Mexican Grill during the third quarter worth approximately $33,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Transactions at Chipotle Mexican Grill

In related news, insider Laurie Schalow sold 4,404 shares of the business’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction of $286,304.04. Following the completion of the transaction, the insider now directly owns 185,792 shares of the company’s stock, valued at $12,078,337.92. The trade was a 2.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.02% of the company’s stock.

Analyst Ratings Changes

CMG has been the topic of several recent research reports. Barclays lifted their target price on shares of Chipotle Mexican Grill from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 7th. Loop Capital boosted their price target on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Wells Fargo & Company increased their price objective on shares of Chipotle Mexican Grill from $67.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Stephens restated an “equal weight” rating and set a $65.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, November 12th. Finally, Robert W. Baird increased their price target on Chipotle Mexican Grill from $62.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Ten equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average price target of $66.81.

Chipotle Mexican Grill Trading Down 1.4 %

Shares of NYSE CMG opened at $57.52 on Tuesday. The stock has a fifty day simple moving average of $60.91 and a 200-day simple moving average of $57.83. Chipotle Mexican Grill, Inc. has a twelve month low of $46.01 and a twelve month high of $69.26. The stock has a market capitalization of $78.38 billion, a PE ratio of 53.54, a PEG ratio of 1.91 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The business had revenue of $2.79 billion for 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%. The business’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 earnings per share. On average, equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share 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.