Chipotle Mexican Grill, Inc. (NYSE:CMG) Stock Position Raised by Signaturefd LLC
Signaturefd LLC lifted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 37.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 173 shares of the restaurant operator's stock after acquiring an additional 47 shares during the quarter. Signaturefd LLC's holdings in Chipotle Mexican Grill were worth $145,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in CMG. First Trust Advisors LP lifted its holdings in shares of Chipotle Mexican Grill by 4.8% in the first quarter. First Trust Advisors LP now owns 41,151 shares of the restaurant operator's stock valued at $29,230,000 after purchasing an additional 1,874 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Chipotle Mexican Grill in the second quarter valued at $1,222,000. Retirement Systems of Alabama lifted its holdings in shares of Chipotle Mexican Grill by 0.3% in the second quarter. Retirement Systems of Alabama now owns 11,373 shares of the restaurant operator's stock valued at $8,335,000 after purchasing an additional 39 shares in the last quarter. Zions Bancorporation N.A. lifted its holdings in shares of Chipotle Mexican Grill by 45.8% in the second quarter. Zions Bancorporation N.A. now owns 331 shares of the restaurant operator's stock valued at $243,000 after purchasing an additional 104 shares in the last quarter. Finally, Gulf International Bank UK Ltd lifted its holdings in shares of Chipotle Mexican Grill by 6.0% in the second quarter. Gulf International Bank UK Ltd now owns 6,460 shares of the restaurant operator's stock valued at $4,734,000 after purchasing an additional 367 shares in the last quarter. Institutional investors own 92.04% of the company's stock.
In other news, Director Albert S. Baldocchi sold 1,164 shares of the firm's stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $775.00, for a total value of $902,100.00. Following the sale, the director now directly owns 72,756 shares of the company's stock, valued at $56,385,900. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Brian R. Niccol sold 3,810 shares of Chipotle Mexican Grill stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $798.91, for a total value of $3,043,847.10. Following the sale, the chief executive officer now directly owns 26,634 shares in the company, valued at $21,278,168.94. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 113,531 shares of company stock worth $91,910,364. 2.21% of the stock is currently owned by company insiders.
CMG has been the subject of a number of research analyst reports. Wedbush upgraded Chipotle Mexican Grill from a "neutral" rating to an "outperform" rating and increased their target price for the company from $780.00 to $980.00 in a report on Monday, September 9th. Stifel Nicolaus upgraded Chipotle Mexican Grill to a "hold" rating and set a $755.00 target price for the company in a report on Wednesday, July 24th. KeyCorp increased their price objective on Chipotle Mexican Grill from $860.00 to $870.00 and gave the stock an "overweight" rating in a report on Wednesday, October 16th. BMO Capital Markets increased their price objective on Chipotle Mexican Grill from $620.00 to $640.00 and gave the stock an "underperform" rating in a report on Wednesday, July 24th. Finally, Maxim Group set a $825.00 price objective on Chipotle Mexican Grill and gave the stock a "hold" rating in a report on Tuesday, October 15th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and sixteen have assigned a buy rating to the company's stock. The company has a consensus rating of "Hold" and an average target price of $722.87.
Shares of NYSE:CMG opened at $841.48 on Monday. The company has a market cap of $22.98 billion, a P/E ratio of 92.88, a P/E/G ratio of 3.36 and a beta of 0.70. The stock's 50-day moving average is $824.71 and its 200-day moving average is $757.10. Chipotle Mexican Grill, Inc. has a 52-week low of $383.20 and a 52-week high of $857.90. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.48 and a current ratio of 1.52.
Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, July 23rd. The restaurant operator reported $3.99 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $3.68 by $0.31. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. Chipotle Mexican Grill had a return on equity of 21.50% and a net margin of 4.80%. The firm's revenue was up 13.2% compared to the same quarter last year. During the same period last year, the business posted $2.87 earnings per share. As a group, equities analysts predict that Chipotle Mexican Grill, Inc. will post 13.4 EPS for the current year.Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill, Inc, together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2018, it operated 2,491 restaurants, including 2,452 Chipotle restaurants in the United States, 37 Chipotle restaurants internationally, and two non-Chipotle restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.
Recommended Story: How Do Tariffs Affect Trade Balances?
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.
Chipotle is adding a new protein to its menu for the first time in a year. The restaurant is rolling out carne asada, a marinated steak, for a limited time at its more than 2,000
Meaty addition! While fast food restaurants such as Burger King and White Castle are adding items to their menus that are vegan and/or vegetarian-friendly, Chipotle is going in the opposite direction. Savage Fast Food Tweets
Chipotle announced on Tuesday a new menu item at its U.S. restaurants for the first time in 2019, and customers can get it delivered for free on Sundays in September. The new menu item is
Shares of Chipotle Mexican Grill ( CMG - Get Report) were heating up Tuesday, rising 2.8% to $822.19 after the restaurant chain added a new steak option, Carne Asada. The Newport Beach, California-based company said
Chipotle's new Carne Asada can be made into a burrito bowl. (CNN) - Chipotle is adding a new protein to its menu for the first time
Chipotle Mexican Grill (CMG) announced the nationwide rollout of its new steak offering-and the market appears to find it tasty. Is it time to admit that we may have misjudged Chipotle CEO Brian
Well done, Chipotle. The fast-casual Mexican chain announced on Tuesday that they will be adding their first new meat option to the menu in over a year. Carne asada will hit locations nationwide starting on Thursday.
Attention all red meat fanatics: Chipotle has unveiled its newest protein on Tuesday: hand-sliced carne asada. The meat is the first new protein offering from
More News in Business
The vehicles that take your children to and from school every day are supposed to keep them safe, but the National Highway Traffic Safety Administration has issued a recall of more than 50,000 school buses. The
GRACIA JORGE ENRIQUE, Chief Legal Officer, subtracted 2,074 shares of Sprint Corporation (S) from its portfolio at the rate of $7.00 per share valuing $14,518 on Sep 11. The insider left behind 868,484 shares of
The current chief executive officer (CEO) of Smith & Nephew has recently announced his departure from the UK based multinational medical equipment manufacturer. Mr. Nawana has highlighted a desire to focus on foreign opportunities as
NEW YORK, NY - NOVEMBER 23: Shoppers brave weather Friday morning to seize deals at Old Navy on ... [+] Getty Images for Gap, Inc. This year, Thanksgiving is on Thursday, November 28. It
HTF MI released a new market study on Global Network Security Appliance Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the
The worldwide Cloud Workflow Market research report records significant aspects related to business constraints and proceedings that cover inventive technological Cloud Workflow progresses, acquisitions, mergers and introduction of new product, collaboration,