Chipotle Mexican Grill, Inc. (NYSE:CMG) Shares Bought by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. increased its position in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) by 45.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,975 shares of the restaurant operator’s stock after acquiring an additional 3,725 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Chipotle Mexican Grill were worth $722,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in Chipotle Mexican Grill in the 2nd quarter worth about $186,000. Creative Planning increased its holdings in Chipotle Mexican Grill by 82.9% in the 3rd quarter. Creative Planning now owns 444,354 shares of the restaurant operator’s stock valued at $25,604,000 after purchasing an additional 201,397 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in shares of Chipotle Mexican Grill by 24.2% during the 3rd quarter. Capital Investment Advisors LLC now owns 10,143 shares of the restaurant operator’s stock valued at $584,000 after buying an additional 1,977 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Chipotle Mexican Grill by 4.3% during the third quarter. Commonwealth Equity Services LLC now owns 653,654 shares of the restaurant operator’s stock valued at $37,664,000 after purchasing an additional 27,152 shares during the period. Finally, Resonant Capital Advisors LLC boosted its position in Chipotle Mexican Grill by 4.9% in the 3rd quarter. Resonant Capital Advisors LLC now owns 4,983 shares of the restaurant operator’s stock valued at $287,000 after buying an additional 233 shares during the last quarter. 91.31% of the stock is owned by hedge funds and other institutional investors.

Chipotle Mexican Grill Stock Down 1.8 %

CMG stock opened at $57.06 on Tuesday. The firm has a 50 day moving average of $59.50 and a two-hundred day moving average of $58.14. Chipotle Mexican Grill, Inc. has a 12 month low of $47.98 and a 12 month high of $69.26. The company has a market capitalization of $77.74 billion, a price-to-earnings ratio of 51.39, a P/E/G ratio of 2.14 and a beta of 1.27.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%. On average, research analysts expect that Chipotle Mexican Grill, Inc. will post 1.29 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on CMG shares. Raymond James decreased their price objective on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Stephens reduced their price target on shares of Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Royal Bank of Canada restated an “outperform” rating and issued a $75.00 target price on shares of Chipotle Mexican Grill in a research report on Tuesday, January 28th. Truist Financial upped their price target on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Finally, Citigroup upped their price objective on Chipotle Mexican Grill from $69.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, February 5th. Ten equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and an average target price of $66.31.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Laurie Schalow sold 4,404 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total transaction of $286,304.04. Following the completion of the sale, the insider now owns 185,792 shares of the company’s stock, valued at $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.02% of the stock is currently 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.