Aptus Capital Advisors LLC Invests $262,000 in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Aptus Capital Advisors LLC purchased a new position in Chipotle Mexican Grill, Inc. (NYSE:CMGFree Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 143 shares of the restaurant operator’s stock, valued at approximately $262,000.

Other large investors have also added to or reduced their stakes in the company. Coppell Advisory Solutions LLC bought a new position in Chipotle Mexican Grill in the second quarter worth about $32,000. IMA Wealth Inc. raised its holdings in Chipotle Mexican Grill by 185.7% in the first quarter. IMA Wealth Inc. now owns 20 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 13 shares in the last quarter. Horizon Bancorp Inc. IN raised its holdings in Chipotle Mexican Grill by 240.0% in the second quarter. Horizon Bancorp Inc. IN now owns 17 shares of the restaurant operator’s stock worth $36,000 after purchasing an additional 12 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in Chipotle Mexican Grill in the third quarter worth about $38,000. Finally, Cornerstone Planning Group LLC bought a new position in Chipotle Mexican Grill in the second quarter worth about $39,000. 91.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Royal Bank of Canada boosted their target price on shares of Chipotle Mexican Grill from $2,185.00 to $2,425.00 and gave the stock an “outperform” rating in a report on Friday, December 1st. Stephens upped their price objective on shares of Chipotle Mexican Grill from $2,800.00 to $3,000.00 and gave the company an “overweight” rating in a report on Wednesday, February 7th. Raymond James upped their price objective on shares of Chipotle Mexican Grill from $2,450.00 to $2,550.00 and gave the company an “outperform” rating in a report on Thursday, January 25th. KeyCorp upped their price objective on shares of Chipotle Mexican Grill from $2,250.00 to $2,750.00 and gave the company an “overweight” rating in a report on Wednesday, February 7th. Finally, Robert W. Baird restated an “outperform” rating and set a $2,650.00 price objective on shares of Chipotle Mexican Grill in a report on Monday, January 22nd. Nine investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $2,469.88.

Get Our Latest Research Report on CMG

Chipotle Mexican Grill Price Performance

Shares of NYSE:CMG opened at $2,638.35 on Monday. Chipotle Mexican Grill, Inc. has a 1 year low of $1,470.05 and a 1 year high of $2,725.83. The firm has a market capitalization of $72.34 billion, a price-to-earnings ratio of 59.49, a price-to-earnings-growth ratio of 2.27 and a beta of 1.29. The business’s 50 day moving average price is $2,326.47 and its 200-day moving average price is $2,080.22.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last announced its earnings results on Tuesday, February 6th. The restaurant operator reported $10.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.73 by $0.63. The firm had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.49 billion. Chipotle Mexican Grill had a return on equity of 44.41% and a net margin of 12.45%. The business’s revenue was up 15.4% on a year-over-year basis. During the same quarter last year, the firm posted $8.29 EPS. On average, sell-side analysts expect that Chipotle Mexican Grill, Inc. will post 53.1 earnings per share for the current year.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, CEO Brian R. Niccol sold 1,100 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $2,278.45, for a total value of $2,506,295.00. Following the completion of the sale, the chief executive officer now directly owns 22,447 shares of the company’s stock, valued at approximately $51,144,367.15. 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 Roger E. Theodoredis sold 898 shares of Chipotle Mexican Grill stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $2,622.25, for a total value of $2,354,780.50. Following the completion of the transaction, the insider now directly owns 1,529 shares of the company’s stock, valued at approximately $4,009,420.25. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Brian R. Niccol sold 1,100 shares of Chipotle Mexican Grill stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $2,278.45, for a total value of $2,506,295.00. Following the completion of the transaction, the chief executive officer now directly owns 22,447 shares of the company’s stock, valued at $51,144,367.15. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,087 shares of company stock worth $12,055,688. Corporate insiders own 0.96% of the company’s stock.

Chipotle Mexican Grill Profile

(Free Report)

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It offers burritos, burrito bowls, quesadillas, tacos, and salads. The company was founded in 1993 and is headquartered in Newport Beach, California.

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Institutional Ownership by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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