CVA Family Office LLC Has $133,000 Stake in Chipotle Mexican Grill, Inc. (NYSE:CMG)

CVA Family Office LLC lifted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 8.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,313 shares of the restaurant operator’s stock after purchasing an additional 185 shares during the quarter. CVA Family Office LLC’s holdings in Chipotle Mexican Grill were worth $133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. V Square Quantitative Management LLC lifted its stake in shares of Chipotle Mexican Grill by 10.9% in the 4th quarter. V Square Quantitative Management LLC now owns 102 shares of the restaurant operator’s stock valued at $233,000 after acquiring an additional 10 shares during the last quarter. Syon Capital LLC grew its holdings in shares of Chipotle Mexican Grill by 35.0% during the fourth quarter. Syon Capital LLC now owns 189 shares of the restaurant operator’s stock worth $432,000 after purchasing an additional 49 shares during the last quarter. American International Group Inc. increased its stake in shares of Chipotle Mexican Grill by 0.5% in the fourth quarter. American International Group Inc. now owns 7,299 shares of the restaurant operator’s stock valued at $16,693,000 after buying an additional 34 shares during the period. Fisher Asset Management LLC boosted its position in Chipotle Mexican Grill by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 2,384 shares of the restaurant operator’s stock worth $5,453,000 after buying an additional 39 shares during the period. Finally, SageView Advisory Group LLC bought a new stake in Chipotle Mexican Grill during the 4th quarter worth approximately $593,000. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Up 0.5 %

Shares of Chipotle Mexican Grill stock opened at $58.65 on Monday. The company has a market cap of $80.32 billion, a PE ratio of 57.46, a price-to-earnings-growth ratio of 2.41 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a 52 week low of $35.37 and a 52 week high of $69.26. The business has a 50 day moving average price of $55.60 and a 200-day moving average price of $81.40.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.94 billion. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The business’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $12.65 EPS. As a group, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on CMG. Oppenheimer reaffirmed an “outperform” rating and set a $65.00 price target on shares of Chipotle Mexican Grill in a research note on Monday, September 30th. KeyCorp cut their target price on Chipotle Mexican Grill from $68.00 to $66.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Citigroup increased their price target on Chipotle Mexican Grill from $69.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Evercore ISI reduced their target price on Chipotle Mexican Grill from $65.00 to $59.00 and set an “outperform” rating on the stock in a report on Wednesday, August 14th. Finally, Loop Capital lowered their price target on shares of Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating for the company in a report on Thursday, July 25th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $62.55.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, insider Curtis E. Garner sold 17,394 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $54.68, for a total value of $951,103.92. Following the transaction, the insider now owns 358,300 shares in the company, valued at $19,591,844. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Curtis E. Garner sold 17,394 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total transaction of $951,103.92. Following the completion of the sale, the insider now owns 358,300 shares in the company, valued at approximately $19,591,844. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Curtis E. Garner sold 15,750 shares of the business’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $55.02, for a total transaction of $866,565.00. Following the completion of the transaction, the insider now owns 473,514 shares in the company, valued at approximately $26,052,740.28. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 50,684 shares of company stock worth $2,817,127. Insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Company 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.