Alpha DNA Investment Management LLC Raises Stake in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Alpha DNA Investment Management LLC raised its position in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 7,734.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,476 shares of the restaurant operator’s stock after purchasing an additional 13,304 shares during the period. Alpha DNA Investment Management LLC’s holdings in Chipotle Mexican Grill were worth $844,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Gilbert & Cook Inc. grew its stake in shares of Chipotle Mexican Grill by 7.6% during the fourth quarter. Gilbert & Cook Inc. now owns 1,028 shares of the restaurant operator’s stock worth $2,351,000 after purchasing an additional 73 shares in the last quarter. Gryphon Financial Partners LLC boosted its position in shares of Chipotle Mexican Grill by 55.0% during the 4th quarter. Gryphon Financial Partners LLC now owns 341 shares of the restaurant operator’s stock worth $780,000 after acquiring an additional 121 shares in the last quarter. US Bancorp DE boosted its position in shares of Chipotle Mexican Grill by 14.8% during the 4th quarter. US Bancorp DE now owns 1,943 shares of the restaurant operator’s stock worth $4,444,000 after acquiring an additional 251 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in shares of Chipotle Mexican Grill by 2.7% in the 4th quarter. Orion Portfolio Solutions LLC now owns 1,185 shares of the restaurant operator’s stock valued at $2,650,000 after acquiring an additional 31 shares during the last quarter. Finally, Hilltop Holdings Inc. acquired a new stake in shares of Chipotle Mexican Grill during the 4th quarter worth about $231,000. 91.31% of the stock is currently owned by institutional investors and hedge funds.

Chipotle Mexican Grill Stock Down 0.5 %

Shares of NYSE CMG opened at $57.99 on Wednesday. The stock has a market capitalization of $79.42 billion, a price-to-earnings ratio of 61.88, a price-to-earnings-growth ratio of 2.43 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a 52 week low of $35.37 and a 52 week high of $69.26. The firm has a 50-day moving average price of $54.30 and a 200 day moving average price of $81.28.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results 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 company had revenue of $2.97 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the firm earned $12.65 EPS. Equities research analysts expect that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. StockNews.com downgraded Chipotle Mexican Grill from a “buy” rating to a “hold” rating in a report on Thursday, July 4th. Guggenheim increased their target price on shares of Chipotle Mexican Grill from $54.50 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. JPMorgan Chase & Co. boosted their price target on shares of Chipotle Mexican Grill from $55.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, June 3rd. Barclays dropped 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. Finally, The Goldman Sachs Group reduced their target price on Chipotle Mexican Grill from $74.60 to $67.00 and set a “buy” rating for the company in a report on Thursday, July 25th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat.com, Chipotle Mexican Grill currently has an average rating of “Moderate Buy” and an average price target of $62.36.

Insiders Place Their Bets

In other news, insider Curtis E. Garner sold 15,750 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider now owns 473,514 shares in the company, valued at $26,052,740.28. The sale 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 company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $56.38, for a total value of $100,920.20. Following the sale, the director now owns 41,510 shares of the company’s stock, valued at $2,340,333.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $866,565.00. Following the transaction, the insider now directly owns 473,514 shares of the company’s stock, valued at $26,052,740.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 34,934 shares of company stock worth $1,918,589. 1.02% of the stock is owned by corporate insiders.

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.