New Hampshire Trust Sells 330 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

New Hampshire Trust decreased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,590 shares of the restaurant operator’s stock after selling 330 shares during the period. New Hampshire Trust’s holdings in Chipotle Mexican Grill were worth $397,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CMG. Alpha DNA Investment Management LLC raised its stake in Chipotle Mexican Grill by 1.2% in the third quarter. Alpha DNA Investment Management LLC now owns 13,644 shares of the restaurant operator’s stock worth $786,000 after buying an additional 168 shares in the last quarter. Lecap Asset Management Ltd. raised its position in shares of Chipotle Mexican Grill by 1.2% in the 3rd quarter. Lecap Asset Management Ltd. now owns 14,625 shares of the restaurant operator’s stock worth $843,000 after acquiring an additional 175 shares in the last quarter. Connable Office Inc. raised its position in shares of Chipotle Mexican Grill by 0.6% in the 3rd quarter. Connable Office Inc. now owns 31,928 shares of the restaurant operator’s stock worth $1,840,000 after acquiring an additional 178 shares in the last quarter. Albion Financial Group UT boosted its position in Chipotle Mexican Grill by 14.4% during the third quarter. Albion Financial Group UT now owns 1,430 shares of the restaurant operator’s stock valued at $82,000 after purchasing an additional 180 shares in the last quarter. Finally, CVA Family Office LLC boosted its position in Chipotle Mexican Grill by 8.7% during the third quarter. CVA Family Office LLC now owns 2,313 shares of the restaurant operator’s stock valued at $133,000 after purchasing an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on CMG. Truist Financial increased their price target on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Wells Fargo & Company raised their target price on shares of Chipotle Mexican Grill from $67.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Stephens reaffirmed an “equal weight” rating and set a $65.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, November 12th. Wedbush reiterated an “outperform” rating and set a $69.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, October 30th. Finally, Jefferies Financial Group boosted their target price on Chipotle Mexican Grill from $56.00 to $62.00 and gave the stock a “hold” rating in a research note on Monday, December 16th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.81.

Chipotle Mexican Grill Trading Down 1.4 %

Shares of NYSE:CMG opened at $57.52 on Tuesday. Chipotle Mexican Grill, Inc. has a 12-month low of $46.01 and a 12-month high of $69.26. The business has a 50 day moving average of $60.91 and a two-hundred day moving average of $57.83. The company has a market capitalization of $78.38 billion, a PE ratio of 53.54, a PEG ratio of 1.91 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share for the quarter, beating the consensus estimate 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 firm earned $0.23 EPS. The business’s quarterly revenue was up 13.0% on a year-over-year basis. Equities research analysts predict that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current fiscal year.

Insider Buying and Selling at Chipotle Mexican Grill

In other news, insider Laurie Schalow sold 4,404 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction of $286,304.04. Following the sale, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. This trade represents a 2.32 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.02% of the stock is owned by corporate insiders.

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.