2 weeks Ago By ABMN Staff
First County Bank CT purchased a new position in Chipotle Mexican Grill, Inc. ( NYSE:CMG – Free Report ) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,300 shares of the restaurant operator’s stock, valued at approximately $207,000.
Other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Chipotle Mexican Grill in the second quarter worth approximately $25,000.
Riverview Trust Co boosted its position 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 worth $25,000 after purchasing an additional 392 shares during the period.
RiverPark Advisors LLC boosted its position 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 worth $25,000 after purchasing an additional 392 shares during the period.
Archer Investment Corp purchased a new position in shares of Chipotle Mexican Grill in the second quarter worth $25,000. Finally, Chilton Capital Management LLC purchased a new position in shares of Chipotle Mexican Grill in the second quarter worth $27,000. 91.
31% of the stock is currently owned by institutional investors. Chipotle Mexican Grill Trading Down 1.2 % Shares of CMG opened at $57.
34 on Friday. Chipotle Mexican Grill, Inc. has a twelve month low of $35.
37 and a twelve month high of $69.26. The company has a market cap of $78.
53 billion, a P/E ratio of 61.18, a P/E/G ratio of 2.43 and a beta of 1.
25. The company’s fifty day simple moving average is $54.45 and its 200-day simple moving average is $80.
96. Analysts Set New Price Targets Several equities analysts have recently commented on the stock. Argus boosted their target price on shares of Chipotle Mexican Grill from $73.
36 to $77.76 and gave the stock a “buy” rating in a report on Tuesday, June 18th. Loop Capital lowered their target price on shares of Chipotle Mexican Grill from $58.
00 to $53.00 and set a “hold” rating on the stock in a report on Thursday, July 25th. Truist Financial reissued a “buy” rating and issued a $69.
00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, August 13th. KeyCorp lowered their target price on shares of Chipotle Mexican Grill from $68.00 to $66.
00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. Finally, Stephens reissued an “equal weight” rating and issued a $61.00 target price on shares of Chipotle Mexican Grill in a report on Tuesday, August 13th.
Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $62.
36. View Our Latest Research Report on CMG Insider Transactions at Chipotle Mexican Grill In other 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 transaction, the director now directly owns 41,510 shares in the company, valued at $2,340,333.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website .
In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 15,750 shares of the 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 transaction, the insider now directly owns 473,514 shares in the company, valued at approximately $26,052,740.
28. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, Director Robin S.
Hickenlooper sold 1,790 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $56.38, for a total transaction of $100,920.
20. Following the transaction, the director now directly owns 41,510 shares in the company, valued at approximately $2,340,333.80.
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. Insiders own 1.
02% of the company’s stock. Chipotle Mexican Grill Profile ( 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. Recommended Stories 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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