Annandale Capital LLC Buys 4,900 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Annandale Capital LLC raised its stake in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4,900.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 5,000 shares of the restaurant operator’s stock after purchasing an additional 4,900 shares during the quarter. Annandale Capital LLC’s holdings in Chipotle Mexican Grill were worth $313,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Steph & Co. bought a new stake in shares of Chipotle Mexican Grill during the first quarter valued at approximately $29,000. Semmax Financial Advisors Inc. raised its stake in shares of Chipotle Mexican Grill by 225.0% in the 1st quarter. Semmax Financial Advisors Inc. now owns 13 shares of the restaurant operator’s stock valued at $42,000 after buying an additional 9 shares in the last quarter. Crewe Advisors LLC bought a new position in shares of Chipotle Mexican Grill during the 1st quarter worth about $44,000. ICA Group Wealth Management LLC acquired a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at about $37,000. Finally, Westside Investment Management Inc. bought a new stake in Chipotle Mexican Grill in the first quarter valued at about $58,000. Institutional investors and hedge funds own 91.31% of the company’s stock.

Insider Transactions at Chipotle Mexican Grill

In related news, Director Robin S. Hickenlooper sold 1,790 shares of the company’s stock in a transaction dated 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 owns 41,510 shares in the company, valued at $2,340,333.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Robin S. Hickenlooper sold 1,790 shares of the business’s stock in a transaction that occurred 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 transaction, the director now owns 41,510 shares in the company, valued at $2,340,333.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Curtis E. Garner sold 15,750 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $55.02, for a total transaction of $866,565.00. Following the completion of the sale, the insider now directly owns 473,514 shares of the company’s stock, valued at approximately $26,052,740.28. The disclosure for this sale can be found here. Insiders have sold 34,934 shares of company stock worth $1,918,589 in the last three months. Insiders own 1.02% of the company’s stock.

Chipotle Mexican Grill Trading Down 1.2 %

Shares of NYSE CMG opened at $57.34 on Friday. Chipotle Mexican Grill, Inc. has a 1 year low of $35.37 and a 1 year high of $69.26. The firm’s 50-day moving average is $54.53 and its 200-day moving average is $81.18. The firm has a market capitalization of $78.53 billion, a PE ratio of 61.18, a price-to-earnings-growth ratio of 2.43 and a beta of 1.25.

Chipotle Mexican Grill (NYSE:CMG) last announced 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. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The firm had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the firm earned $12.65 earnings per share. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. As a group, equities research analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.08 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Barclays decreased their price objective on Chipotle Mexican Grill from $58.00 to $55.00 and set an “equal weight” rating on the stock in a report on Thursday, July 25th. Evercore ISI decreased their price target on Chipotle Mexican Grill from $65.00 to $59.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 14th. Truist Financial reiterated a “buy” rating and set a $69.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, August 13th. Oppenheimer reduced their target price on shares of Chipotle Mexican Grill from $70.00 to $65.00 and set an “outperform” rating on the stock in a research note on Thursday, July 25th. Finally, BMO Capital Markets cut their price target on shares of Chipotle Mexican Grill from $57.00 to $55.00 and set a “market perform” rating for the company in a report on Thursday, July 25th. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $62.36.

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.