Parallel Advisors LLC boosted its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report) by 5,296.6% within the 2nd quarter, based on its most up-to-date disclosure with the Securities and Trade Fee. The fund owned 20,885 shares of the restaurant operator’s inventory after buying a further 20,498 shares in the course of the quarter. Parallel Advisors LLC’s holdings in Chipotle Mexican Grill had been price $1,308,000 as of its most up-to-date submitting with the Securities and Trade Fee.
A number of different giant traders have additionally lately added to or decreased their stakes in CMG. Swedbank AB bought a brand new place in shares of Chipotle Mexican Grill in the course of the 1st quarter price about $53,979,000. Rework Wealth LLC boosted its holdings in shares of Chipotle Mexican Grill by 4,760.7% within the 2nd quarter. Rework Wealth LLC now owns 9,527 shares of the restaurant operator’s inventory valued at $597,000 after buying a further 9,331 shares over the past quarter. First Hawaiian Financial institution grew its stake in shares of Chipotle Mexican Grill by 4,731.0% in the course of the 2nd quarter. First Hawaiian Financial institution now owns 17,150 shares of the restaurant operator’s inventory valued at $1,074,000 after shopping for a further 16,795 shares in the course of the interval. Valeo Monetary Advisors LLC raised its place in shares of Chipotle Mexican Grill by 4,747.7% within the 2nd quarter. Valeo Monetary Advisors LLC now owns 20,409 shares of the restaurant operator’s inventory price $1,279,000 after shopping for a further 19,988 shares in the course of the interval. Lastly, MJP Associates Inc. ADV boosted its holdings in Chipotle Mexican Grill by 5,588.0% within the second quarter. MJP Associates Inc. ADV now owns 12,798 shares of the restaurant operator’s inventory valued at $802,000 after buying a further 12,573 shares over the past quarter. 91.31% of the inventory is at the moment owned by hedge funds and different institutional traders.
Chipotle Mexican Grill Buying and selling Down 0.4 %
CMG opened at $56.12 on Monday. The enterprise’s 50 day shifting common is $54.30 and its 200-day shifting common is $81.09. The inventory has a market cap of $77.07 billion, a PE ratio of 59.70, a price-to-earnings-growth ratio of two.33 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a twelve month low of $35.37 and a twelve month excessive of $69.26.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) final introduced its quarterly earnings outcomes on Wednesday, July twenty fourth. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The corporate had income of $2.97 billion in the course of the quarter, in comparison with analyst estimates of $2.94 billion. Chipotle Mexican Grill had a return on fairness of 44.01% and a web margin of 13.23%. The agency’s quarterly income was up 18.2% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the agency posted $12.65 EPS. As a bunch, analysts forecast that Chipotle Mexican Grill, Inc. will publish 1.08 EPS for the present yr.
Analyst Upgrades and Downgrades
Various brokerages have lately issued stories on CMG. Deutsche Financial institution Aktiengesellschaft reiterated a “purchase” ranking and set a $67.00 goal value on shares of Chipotle Mexican Grill in a report on Wednesday, August 14th. BMO Capital Markets lowered their goal value on Chipotle Mexican Grill from $57.00 to $55.00 and set a “market carry out” ranking for the corporate in a analysis observe on Thursday, July twenty fifth. Argus boosted their value goal on Chipotle Mexican Grill from $73.36 to $77.76 and gave the inventory a “purchase” ranking in a analysis report on Tuesday, June 18th. Piper Sandler lowered their value goal on shares of Chipotle Mexican Grill from $61.00 to $56.00 and set a “impartial” ranking for the corporate in a analysis report on Thursday, July twenty fifth. Lastly, Stifel Nicolaus restated a “purchase” ranking and set a $70.00 goal value on shares of Chipotle Mexican Grill in a analysis observe on Wednesday, August 14th. Ten analysis analysts have rated the inventory with a maintain ranking and eighteen have assigned a purchase ranking to the corporate. In keeping with MarketBeat.com, the corporate at the moment has a mean ranking of “Reasonable Purchase” and a consensus value goal of $62.36.
View Our Newest Inventory Evaluation on CMG
Insider Exercise at Chipotle Mexican Grill
In associated information, insider Curtis E. Garner offered 17,394 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, August sixth. The inventory was offered at a mean value of $54.68, for a complete transaction of $951,103.92. Following the sale, the insider now owns 358,300 shares of the corporate’s inventory, valued at $19,591,844. The sale was disclosed in a submitting with the SEC, which is on the market by means of the SEC web site. In different information, insider Curtis E. Garner offered 17,394 shares of Chipotle Mexican Grill inventory in a transaction that occurred on Tuesday, August sixth. The shares had been offered at a mean value of $54.68, for a complete worth of $951,103.92. Following the transaction, the insider now owns 358,300 shares of the corporate’s inventory, valued at roughly $19,591,844. The sale was disclosed in a submitting with the Securities & Trade Fee, which is accessible by means of the SEC web site. Additionally, Director Robin S. Hickenlooper offered 1,790 shares of the enterprise’s inventory in a transaction that occurred on Thursday, September twelfth. The inventory was offered at a mean value of $56.38, for a complete transaction of $100,920.20. Following the completion of the sale, the director now owns 41,510 shares within the firm, valued at $2,340,333.80. The disclosure for this sale might be discovered right here. Insiders offered 34,934 shares of firm inventory price $1,918,589 within the final 90 days. Company insiders personal 1.02% of the corporate’s inventory.
Chipotle Mexican Grill Profile
Chipotle Mexican Grill, Inc, along with its subsidiaries, owns and operates Chipotle Mexican Grill eating places. It sells meals and drinks by means of providing burritos, burrito bowls, quesadillas, tacos, and salads. The corporate additionally offers supply and associated providers its app and web site. It has operations in the US, Canada, France, Germany, and the UK.
Featured Tales
Wish to see what different hedge funds are holding CMG? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Chipotle Mexican Grill, Inc. (NYSE:CMG – Free Report).
Obtain Information & Scores for Chipotle Mexican Grill Every day – Enter your e-mail deal with under to obtain a concise day by day abstract of the most recent information and analysts’ scores for Chipotle Mexican Grill and associated firms with MarketBeat.com’s FREE day by day e-mail publication.
