First Heartland Consultants Inc. Boosts Stake in Chipotle Mexican Grill, Inc. (NYSE:CMG)

First Heartland Consultants Inc. boosted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 1.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,307 shares of the restaurant operator’s stock after purchasing an additional 218 shares during the period. First Heartland Consultants Inc.’s holdings in Chipotle Mexican Grill were worth $1,055,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Aigen Investment Management LP grew its stake in shares of Chipotle Mexican Grill by 86.0% during the 3rd quarter. Aigen Investment Management LP now owns 88,331 shares of the restaurant operator’s stock valued at $5,090,000 after acquiring an additional 40,850 shares during the period. Prime Capital Investment Advisors LLC boosted its position in shares of Chipotle Mexican Grill by 30.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 81,067 shares of the restaurant operator’s stock worth $4,671,000 after purchasing an additional 18,837 shares during the period. Savvy Advisors Inc. purchased a new stake in shares of Chipotle Mexican Grill in the third quarter worth $758,000. Rakuten Securities Inc. lifted its stake in shares of Chipotle Mexican Grill by 8.5% during the 3rd quarter. Rakuten Securities Inc. now owns 3,064 shares of the restaurant operator’s stock valued at $177,000 after buying an additional 240 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in Chipotle Mexican Grill by 1.9% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,192,019 shares of the restaurant operator’s stock worth $183,924,000 after buying an additional 59,687 shares during the period. Institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Performance

Chipotle Mexican Grill stock traded up $1.20 during midday trading on Tuesday, hitting $60.47. 4,851,176 shares of the company were exchanged, compared to its average volume of 13,884,207. The firm has a market capitalization of $82.40 billion, a PE ratio of 55.17, a price-to-earnings-growth ratio of 2.37 and a beta of 1.26. Chipotle Mexican Grill, Inc. has a fifty-two week low of $42.28 and a fifty-two week high of $69.26. The business has a fifty day simple moving average of $57.52 and a two-hundred day simple moving average of $81.42.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.82 billion. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. Chipotle Mexican Grill’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period last year, the company earned $0.23 earnings per share. As a group, equities analysts expect that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Citigroup lowered their price objective on Chipotle Mexican Grill from $71.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Loop Capital lifted their price objective on shares of Chipotle Mexican Grill from $53.00 to $58.00 and gave the company a “hold” rating in a research report on Wednesday, October 30th. BMO Capital Markets lifted their price target on shares of Chipotle Mexican Grill from $55.00 to $56.00 and gave the company a “market perform” rating in a report on Wednesday, October 30th. Guggenheim increased their price target on Chipotle Mexican Grill from $54.50 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, July 24th. Finally, Evercore ISI raised their target price on shares of Chipotle Mexican Grill from $59.00 to $70.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to data from MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and a consensus price target of $64.47.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $56.38, for a total value of $100,920.20. Following the sale, the director now directly owns 41,510 shares of the company’s stock, valued at approximately $2,340,333.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 that occurred 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 sale, the insider now directly owns 473,514 shares of the company’s stock, valued at approximately $26,052,740.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robin S. Hickenlooper sold 1,790 shares of Chipotle Mexican Grill stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $56.38, for a total value of $100,920.20. Following the completion of the sale, the director now directly owns 41,510 shares in the company, valued at $2,340,333.80. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,290 shares of company stock valued at $1,866,023. Company insiders own 1.02% of the company’s stock.

About Chipotle Mexican Grill

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.