Vinva Investment Management Ltd Acquires 5,255 Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Vinva Investment Management Ltd raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 13.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,205 shares of the restaurant operator’s stock after purchasing an additional 5,255 shares during the period. Vinva Investment Management Ltd’s holdings in Chipotle Mexican Grill were worth $2,477,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Financial Counselors Inc. boosted its holdings in Chipotle Mexican Grill by 3.0% in the 3rd quarter. Financial Counselors Inc. now owns 212,948 shares of the restaurant operator’s stock valued at $12,270,000 after purchasing an additional 6,248 shares during the period. Public Sector Pension Investment Board boosted its holdings in Chipotle Mexican Grill by 16.1% in the 3rd quarter. Public Sector Pension Investment Board now owns 59,150 shares of the restaurant operator’s stock valued at $3,408,000 after purchasing an additional 8,200 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Chipotle Mexican Grill by 11.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,271,318 shares of the restaurant operator’s stock valued at $476,593,000 after purchasing an additional 858,704 shares during the period. Tybourne Capital Management HK Ltd. bought a new stake in Chipotle Mexican Grill in the 3rd quarter valued at about $742,000. Finally, Fiduciary Trust Co raised its position in shares of Chipotle Mexican Grill by 14.3% in the 3rd quarter. Fiduciary Trust Co now owns 20,919 shares of the restaurant operator’s stock valued at $1,205,000 after buying an additional 2,619 shares in the last quarter. Institutional investors own 91.31% of the company’s stock.

Chipotle Mexican Grill Stock Down 1.1 %

Shares of NYSE CMG opened at $62.05 on Friday. The firm has a market cap of $84.55 billion, a PE ratio of 57.99, a P/E/G ratio of 2.49 and a beta of 1.26. Chipotle Mexican Grill, Inc. has a 12-month low of $43.66 and a 12-month high of $69.26. The company’s fifty day simple moving average is $58.81 and its 200 day simple moving average is $80.88.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.82 billion. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. Chipotle Mexican Grill’s revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.23 earnings per share. On average, equities analysts predict that Chipotle Mexican Grill, Inc. will post 1.11 earnings per share for the current year.

Insider Buying and Selling

In other Chipotle Mexican Grill news, Director Robin S. Hickenlooper sold 1,790 shares of the company’s stock in a transaction 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 transaction, the director now owns 41,510 shares in the company, valued at approximately $2,340,333.80. This represents a 4.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Curtis E. Garner sold 15,750 shares of the company’s stock in a transaction 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 owns 473,514 shares in the company, valued at approximately $26,052,740.28. The trade was a 3.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,290 shares of company stock valued at $1,866,023 over the last ninety days. 1.02% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CMG has been the subject of several analyst reports. Piper Sandler boosted their target price on shares of Chipotle Mexican Grill from $59.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. BMO Capital Markets boosted their target price on shares of Chipotle Mexican Grill from $55.00 to $56.00 and gave the company a “market perform” rating in a research report on Wednesday, October 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $67.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, August 14th. Stephens restated an “equal weight” rating and issued a $65.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, November 12th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a research report on Wednesday, August 14th. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $65.27.

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.