Thompson Siegel & Walmsley LLC Buys 75,580 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Thompson Siegel & Walmsley LLC lifted its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4,814.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,150 shares of the restaurant operator’s stock after purchasing an additional 75,580 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Chipotle Mexican Grill were worth $4,833,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CMG. Diversify Wealth Management LLC acquired a new stake in Chipotle Mexican Grill in the 2nd quarter valued at $3,097,000. Lyell Wealth Management LP grew its holdings in Chipotle Mexican Grill by 5,407.1% during the second quarter. Lyell Wealth Management LP now owns 3,855 shares of the restaurant operator’s stock worth $242,000 after buying an additional 3,785 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in Chipotle Mexican Grill by 6,212.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 13,950 shares of the restaurant operator’s stock valued at $874,000 after buying an additional 13,729 shares during the last quarter. Alta Advisers Ltd lifted its stake in Chipotle Mexican Grill by 4,900.0% during the 2nd quarter. Alta Advisers Ltd now owns 3,650 shares of the restaurant operator’s stock valued at $229,000 after acquiring an additional 3,577 shares in the last quarter. Finally, Prosperity Consulting Group LLC boosted its holdings in Chipotle Mexican Grill by 5,071.4% during the 2nd quarter. Prosperity Consulting Group LLC now owns 3,620 shares of the restaurant operator’s stock worth $227,000 after acquiring an additional 3,550 shares during the last quarter. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 17,394 shares of the 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 completion of the sale, the insider now owns 358,300 shares in the company, valued at approximately $19,591,844. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $56.38, for a total transaction of $100,920.20. Following the transaction, the director now directly owns 41,510 shares of the company’s stock, valued at approximately $2,340,333.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Curtis E. Garner sold 17,394 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $54.68, for a total transaction of $951,103.92. Following the completion of the transaction, the insider now owns 358,300 shares of the company’s stock, valued at $19,591,844. The disclosure for this sale can be found here. Insiders have sold a total of 34,934 shares of company stock worth $1,918,589 in the last 90 days. Company insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Stock Down 0.4 %

Shares of NYSE CMG opened at $56.12 on Monday. The firm’s fifty day moving average is $54.30 and its 200 day moving average is $81.09. Chipotle Mexican Grill, Inc. has a 52 week low of $35.37 and a 52 week high of $69.26. The company has a market cap of $77.07 billion, a price-to-earnings ratio of 59.70, a PEG ratio of 2.33 and a beta of 1.25.

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

Analyst Ratings Changes

CMG has been the subject of several analyst reports. Oppenheimer lowered their target price on shares of Chipotle Mexican Grill from $70.00 to $65.00 and set an “outperform” rating for the company in a report on Thursday, July 25th. 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 research note on Thursday, July 25th. TD Cowen reaffirmed a “buy” rating and set a $65.00 price target on shares of Chipotle Mexican Grill in a research report on Thursday. The Goldman Sachs Group cut their price objective on Chipotle Mexican Grill from $74.60 to $67.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. Finally, Loop Capital lowered their target price on Chipotle Mexican Grill from $58.00 to $53.00 and set a “hold” rating on the stock in a research note on Thursday, July 25th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $62.36.

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.