Stephens Inc. AR trimmed its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 3.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 725 shares of the restaurant operator’s stock after selling 25 shares during the quarter. Stephens Inc. AR’s holdings in Chipotle Mexican Grill were worth $531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. DekaBank Deutsche Girozentrale raised its stake in Chipotle Mexican Grill by 46.9% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 2,647 shares of the restaurant operator’s stock worth $1,990,000 after buying an additional 845 shares during the period. Advisory Services Network LLC increased its holdings in Chipotle Mexican Grill by 31.3% during the 2nd quarter. Advisory Services Network LLC now owns 147 shares of the restaurant operator’s stock worth $107,000 after purchasing an additional 35 shares in the last quarter. Westpac Banking Corp increased its holdings in Chipotle Mexican Grill by 6.5% during the 2nd quarter. Westpac Banking Corp now owns 11,791 shares of the restaurant operator’s stock worth $8,641,000 after purchasing an additional 718 shares in the last quarter. Stevens Capital Management LP bought a new stake in Chipotle Mexican Grill during the 2nd quarter worth approximately $1,552,000. Finally, Janus Henderson Group PLC increased its holdings in Chipotle Mexican Grill by 80.5% during the 2nd quarter. Janus Henderson Group PLC now owns 103,209 shares of the restaurant operator’s stock worth $75,635,000 after purchasing an additional 46,017 shares in the last quarter. 98.12% of the stock is currently owned by institutional investors.

In other Chipotle Mexican Grill news, CEO Brian R. Niccol sold 3,810 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $798.91, for a total transaction of $3,043,847.10. Following the completion of the transaction, the chief executive officer now directly owns 26,634 shares of the company’s stock, valued at $21,278,168.94. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Brian R. Niccol sold 3,724 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $824.90, for a total value of $3,071,927.60. Following the transaction, the chief executive officer now directly owns 28,542 shares of the company’s stock, valued at $23,544,295.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 163,464 shares of company stock valued at $124,302,809. 2.21% of the stock is owned by corporate insiders.

A number of analysts have commented on the company. Morgan Stanley boosted their price objective on Chipotle Mexican Grill from $700.00 to $706.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. boosted their price objective on Chipotle Mexican Grill from $650.00 to $705.00 and gave the stock a “neutral” rating in a report on Wednesday, July 24th. Evercore ISI assumed coverage on Chipotle Mexican Grill in a report on Tuesday, June 11th. They set an “outperform” rating and a $825.00 price objective for the company. BTIG Research boosted their price objective on Chipotle Mexican Grill from $790.00 to $845.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. They noted that the move was a valuation call. Finally, BMO Capital Markets boosted their price objective on Chipotle Mexican Grill from $620.00 to $640.00 and gave the stock an “underperform” rating in a report on Wednesday, July 24th. Seven equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and fifteen have issued a buy rating to the company. Chipotle Mexican Grill presently has a consensus rating of “Hold” and a consensus target price of $700.26.

CMG stock opened at $827.51 on Thursday. The firm has a market cap of $22.74 billion, a PE ratio of 91.34, a P/E/G ratio of 3.30 and a beta of 0.72. The company has a quick ratio of 1.48, a current ratio of 1.52 and a debt-to-equity ratio of 1.65. The business has a 50 day moving average of $777.77 and a 200-day moving average of $698.42. Chipotle Mexican Grill, Inc. has a 12-month low of $383.20 and a 12-month high of $828.79.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, July 23rd. The restaurant operator reported $3.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.31. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. Chipotle Mexican Grill had a return on equity of 21.50% and a net margin of 4.80%. Chipotle Mexican Grill’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.87 earnings per share. On average, research analysts expect that Chipotle Mexican Grill, Inc. will post 13.26 earnings per share for the current year.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2018, it operated 2,491 restaurants, including 2,452 Chipotle restaurants in the United States, 37 Chipotle restaurants internationally, and two non-Chipotle restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.

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Institutional Ownership by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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