D Orazio & Associates Inc. Decreases Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

D Orazio & Associates Inc. decreased its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 14.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,637 shares of the restaurant operator’s stock after selling 611 shares during the quarter. D Orazio & Associates Inc.’s holdings in Chipotle Mexican Grill were worth $210,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Semmax Financial Advisors Inc. lifted its stake in Chipotle Mexican Grill by 225.0% in the first quarter. Semmax Financial Advisors Inc. now owns 13 shares of the restaurant operator’s stock worth $42,000 after acquiring an additional 9 shares during the period. Crewe Advisors LLC bought a new position in Chipotle Mexican Grill in the 1st quarter worth $44,000. LRI Investments LLC purchased a new stake in shares of Chipotle Mexican Grill in the 1st quarter worth about $168,000. Pacific Center for Financial Services increased its position in shares of Chipotle Mexican Grill by 8.0% during the first quarter. Pacific Center for Financial Services now owns 54 shares of the restaurant operator’s stock valued at $157,000 after buying an additional 4 shares during the period. Finally, Nwam LLC purchased a new position in shares of Chipotle Mexican Grill during the first quarter valued at about $220,000. 91.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Evercore ISI lifted their price objective on Chipotle Mexican Grill from $59.00 to $70.00 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Robert W. Baird raised their target price on Chipotle Mexican Grill from $62.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $67.00 price target on shares of Chipotle Mexican Grill in a research note on Wednesday, August 14th. Stifel Nicolaus reissued a “buy” rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a research report on Wednesday, August 14th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $65.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday. Ten analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and an average price target of $64.47.

Insider Buying and Selling

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 completion of the sale, the director now directly owns 41,510 shares in the company, valued at approximately $2,340,333.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $56.38, for a total transaction 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. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Curtis E. Garner sold 15,750 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $55.02, for a total transaction of $866,565.00. Following the sale, the insider now directly owns 473,514 shares of the company’s stock, valued at $26,052,740.28. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,290 shares of company stock worth $1,866,023. 1.02% of the stock is owned by insiders.

Chipotle Mexican Grill Stock Performance

NYSE CMG opened at $59.26 on Thursday. Chipotle Mexican Grill, Inc. has a one year low of $42.98 and a one year high of $69.26. The stock has a 50-day moving average of $57.66 and a 200 day moving average of $81.40. The company has a market capitalization of $80.75 billion, a price-to-earnings ratio of 55.16, a PEG ratio of 2.44 and a beta of 1.26.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, topping 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 firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.82 billion. During the same period in the previous year, the business posted $0.23 earnings per share. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. On average, equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

Chipotle Mexican Grill Company 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.