1 week Ago By ABMN Staff
Farmers & Merchants Investments Inc. grew its position in Chipotle Mexican Grill, Inc. ( NYSE:CMG – Free Report ) by 10,455.
6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,900 shares of the restaurant operator’s stock after acquiring an additional 1,882 shares during the period. Farmers & Merchants Investments Inc.
’s holdings in Chipotle Mexican Grill were worth $119,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc.
bought a new position in Chipotle Mexican Grill in the 2nd quarter valued at $25,000. Riverview Trust Co increased its stake in shares of Chipotle Mexican Grill by 4,900.0% in the second quarter.
Riverview Trust Co now owns 400 shares of the restaurant operator’s stock valued at $25,000 after buying an additional 392 shares in the last quarter. RiverPark Advisors LLC raised its holdings in shares of Chipotle Mexican Grill by 4,900.0% in the second quarter.
RiverPark Advisors LLC now owns 400 shares of the restaurant operator’s stock valued at $25,000 after buying an additional 392 shares during the last quarter. Archer Investment Corp acquired a new position in Chipotle Mexican Grill during the 2nd quarter worth about $25,000. Finally, Chilton Capital Management LLC acquired a new position in Chipotle Mexican Grill during the 2nd quarter worth about $27,000.
91.31% of the stock is owned by institutional investors and hedge funds. Insiders Place Their Bets In other Chipotle Mexican Grill news, insider Curtis E.
Garner sold 17,394 shares of the company’s stock in a transaction that occurred 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 approximately $19,591,844. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink .
Corporate insiders own 1.02% of the company’s stock. Chipotle Mexican Grill Trading Up 1.
2 % Chipotle Mexican Grill ( NYSE:CMG – Get Free Report ) last issued its quarterly earnings data on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.
32 by $0.02. Chipotle Mexican Grill had a return on equity of 44.
01% and a net margin of 13.23%. The business had revenue of $2.
97 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the firm earned $12.
65 EPS. Chipotle Mexican Grill’s quarterly revenue was up 18.2% compared to the same quarter last year.
Sell-side analysts forecast that Chipotle Mexican Grill, Inc. will post 1.08 earnings per share for the current year.
Wall Street Analysts Forecast Growth A number of equities analysts have weighed in on CMG shares. TD Cowen dropped their target price on shares of Chipotle Mexican Grill from $72.00 to $65.
00 and set a “buy” rating for the company in a research note on Thursday, July 25th. The Goldman Sachs Group dropped their price objective on shares of Chipotle Mexican Grill from $74.60 to $67.
00 and set a “buy” rating for the company in a research report on Thursday, July 25th. Stifel Nicolaus reaffirmed a “buy” rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a report on Wednesday, August 14th.
Stephens reissued an “equal weight” rating and issued a $61.00 target price on shares of Chipotle Mexican Grill in a research note on Tuesday, August 13th. Finally, Robert W.
Baird dropped their target price on Chipotle Mexican Grill from $74.00 to $62.00 and set an “outperform” rating for the company in a research report on Wednesday, August 14th.
Ten investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $62.
36. Get Our Latest Report on Chipotle Mexican Grill About Chipotle Mexican Grill ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding CMG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Chipotle Mexican Grill, Inc. ( NYSE:CMG – Free Report ). Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.
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