Tsfg LLC Has $170,000 Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Tsfg LLC grew its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 11.3% during the 3rd quarter, Holdings Channel reports. The firm owned 2,950 shares of the restaurant operator’s stock after purchasing an additional 300 shares during the period. Tsfg LLC’s holdings in Chipotle Mexican Grill were worth $170,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Hazlett Burt & Watson Inc. grew its holdings in Chipotle Mexican Grill by 19.0% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 25 shares of the restaurant operator’s stock worth $73,000 after acquiring an additional 4 shares during the period. Diversified Trust Co increased its stake in Chipotle Mexican Grill by 0.9% during the 1st quarter. Diversified Trust Co now owns 474 shares of the restaurant operator’s stock worth $1,378,000 after purchasing an additional 4 shares in the last quarter. Valley National Advisers Inc. increased its position in shares of Chipotle Mexican Grill by 9.8% during the first quarter. Valley National Advisers Inc. now owns 45 shares of the restaurant operator’s stock worth $131,000 after acquiring an additional 4 shares in the last quarter. Scott & Selber Inc. raised its holdings in shares of Chipotle Mexican Grill by 0.6% during the first quarter. Scott & Selber Inc. now owns 720 shares of the restaurant operator’s stock worth $2,093,000 after acquiring an additional 4 shares during the period. Finally, Quent Capital LLC lifted its position in Chipotle Mexican Grill by 2.0% in the 1st quarter. Quent Capital LLC now owns 206 shares of the restaurant operator’s stock valued at $599,000 after acquiring an additional 4 shares in the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Activity

In related news, insider Curtis E. Garner sold 17,394 shares of the business’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total value of $951,103.92. Following the transaction, the insider now directly owns 358,300 shares of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 15,750 shares of the firm’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $55.02, for a total value of $866,565.00. Following the completion of the sale, the insider now directly owns 473,514 shares of the company’s stock, valued at $26,052,740.28. 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 available through this link. Also, insider Curtis E. Garner sold 17,394 shares of the stock in a transaction 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 of the company’s stock, valued at $19,591,844. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,684 shares of company stock valued at $2,817,127 in the last ninety days. 1.02% of the stock is currently owned by insiders.

Chipotle Mexican Grill Trading Up 0.9 %

NYSE CMG opened at $59.81 on Wednesday. The business has a fifty day simple moving average of $55.85 and a 200 day simple moving average of $81.42. Chipotle Mexican Grill, Inc. has a 12 month low of $35.58 and a 12 month high of $69.26. The firm has a market capitalization of $82.14 billion, a P/E ratio of 63.63, a PEG ratio of 2.41 and a beta of 1.25.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.94 billion. Chipotle Mexican Grill had a return on equity of 44.01% and a net margin of 13.23%. Chipotle Mexican Grill’s quarterly revenue was up 18.2% on a year-over-year basis. During the same period in the prior year, the company posted $12.65 earnings per share. As a group, sell-side analysts predict that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CMG. KeyCorp cut their price objective on shares of Chipotle Mexican Grill from $68.00 to $66.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Loop Capital decreased their price objective on shares of Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating on the stock in a report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $67.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, August 14th. Argus boosted their target price on shares of Chipotle Mexican Grill from $73.36 to $77.76 and gave the company a “buy” rating in a research report on Tuesday, June 18th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Chipotle Mexican Grill in a research note on Wednesday, August 14th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $63.03.

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.