First Financial Corp IN Has $51,000 Stock Position in Chipotle Mexican Grill, Inc. (NYSE:CMG)

First Financial Corp IN increased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 321.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 842 shares of the restaurant operator’s stock after acquiring an additional 642 shares during the period. First Financial Corp IN’s holdings in Chipotle Mexican Grill were worth $51,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group boosted its holdings in shares of Chipotle Mexican Grill by 4,900.0% during the second 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 period. ZRC Wealth Management LLC lifted its position in Chipotle Mexican Grill by 384.0% in the 3rd quarter. ZRC Wealth Management LLC now owns 484 shares of the restaurant operator’s stock worth $28,000 after buying an additional 384 shares in the last quarter. Transcendent Capital Group LLC boosted its stake in shares of Chipotle Mexican Grill by 950.0% during the 3rd quarter. Transcendent Capital Group LLC now owns 525 shares of the restaurant operator’s stock valued at $30,000 after buying an additional 475 shares during the period. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Chipotle Mexican Grill during the 2nd quarter valued at $31,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Chipotle Mexican Grill during the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insider Buying and Selling

In other news, insider Laurie Schalow sold 4,404 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the sale, the insider now directly owns 185,792 shares in the company, valued at approximately $12,078,337.92. This represents a 2.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CMG shares. Citigroup reduced their price objective on Chipotle Mexican Grill from $71.00 to $70.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Wells Fargo & Company raised their price objective on shares of Chipotle Mexican Grill from $67.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Oppenheimer boosted their target price on shares of Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. Robert W. Baird increased their price target on shares of Chipotle Mexican Grill from $62.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Finally, Piper Sandler upped their price objective on shares of Chipotle Mexican Grill from $59.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.81.

Chipotle Mexican Grill Trading Down 0.5 %

Shares of NYSE CMG opened at $56.24 on Tuesday. The firm has a market capitalization of $76.63 billion, a price-to-earnings ratio of 52.35, a PEG ratio of 2.64 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a one year low of $45.50 and a one year high of $69.26. The business has a fifty day simple moving average of $60.94 and a 200 day simple moving average of $57.96.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter in the prior year, the company posted $0.23 EPS. The business’s revenue was up 13.0% on a year-over-year basis. On average, research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

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.