Generali Investments Towarzystwo Funduszy Inwestycyjnych Boosts Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 15.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,400 shares of the restaurant operator’s stock after acquiring an additional 1,900 shares during the quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Chipotle Mexican Grill were worth $868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new position in shares of Chipotle Mexican Grill in the 4th quarter worth about $371,000. U.S. Capital Wealth Advisors LLC increased its stake in shares of Chipotle Mexican Grill by 155.1% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,918 shares of the restaurant operator’s stock worth $900,000 after acquiring an additional 9,070 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV bought a new position in shares of Chipotle Mexican Grill in the 4th quarter worth about $715,000. Hantz Financial Services Inc. increased its stake in shares of Chipotle Mexican Grill by 5,897.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 48,942 shares of the restaurant operator’s stock worth $2,820,000 after acquiring an additional 48,126 shares in the last quarter. Finally, L & S Advisors Inc bought a new position in shares of Chipotle Mexican Grill in the 3rd quarter worth about $3,256,000. 91.31% of the stock is currently owned by institutional investors.

Chipotle Mexican Grill Price Performance

CMG opened at $52.76 on Friday. The firm has a market cap of $71.50 billion, a P/E ratio of 47.52, a PEG ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill, Inc. has a 1-year low of $47.98 and a 1-year high of $69.26. The company has a 50 day simple moving average of $57.53 and a two-hundred day simple moving average of $58.05.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share 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%. Equities analysts anticipate that Chipotle Mexican Grill, Inc. will post 1.29 earnings per share for the current year.

Insiders Place Their Bets

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 shares were sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now directly owns 185,792 shares in the company, valued at $12,078,337.92. This represents a 2.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CMG shares. Raymond James decreased their price target on shares of Chipotle Mexican Grill from $72.00 to $69.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. Royal Bank of Canada restated an “outperform” rating and set a $75.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Truist Financial raised their price objective on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Sanford C. Bernstein restated an “outperform” rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Finally, Cfra upgraded shares of Chipotle Mexican Grill from a “buy” rating to a “strong-buy” rating and raised their price objective for the company from $59.00 to $73.00 in a research note on Wednesday, February 5th. Ten analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average target price of $66.31.

About Chipotle Mexican Grill

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.